24th May 2005 07:00
Datacash Group PLC24 May 2005 DataCash Group Plc / Epic: DATA / Index: AIM / Sector: Support Services 24 May 2005 DATACASH GROUP PLC ('DataCash' or 'the Company') PRE AGM STATEMENT At the AGM of DataCash Group Plc, the AIM listed payments service provider, tobe held later today, Chairman David Bailey will make the following statement: "The year has begun well for the Company with transaction volumes upsignificantly on the previous 12 months. The resultant revenues are up more than30% in the first four months of 2005 when compared with the same period of 2004,and net cash is now approaching £4 million. The sales pipeline is encouraging,and our partnership alliances such as the recently announced integration withWire Card AG's Click2Pay wallet present excellent additional opportunities forthe Company. "The Board remains confident that 2005 will be a year of good progress." ** ENDS * * Contacts: Terry Cave DataCash Tel: 0870 7274760Isabel Crossley St Brides Media Tel: 020 7242 4477 Note to editors: • DataCash provides secure electronic payment and fraud managementsolutions to companies that process orders for goods and services over theInternet, call centres, interactive TV or from high street point of sale. • DataCash's payment solutions allow merchants to accept a widerange of payment options, from credit cards and direct debits, to emergingpayment types. • DataCash's reporting and management tools help automate the flowof complex payment processes, such as recurring billing, chargeback workflow andpayment reconciliation. • DataCash partners with and connects to an ever-expanding networkof payment processors and payment service providers to offer merchants a singlesource solution. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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