REGULATED INFORMATION Keyware acquires assets of GlobalPay Brussels, Belgium - 26 December 2014 - Keyware (EURONEXT Brussels: KEYW) announces today the acquisition of one of the players in the market of payment services, GlobalPay NV, by means of an asset deal. This confirms Keyware's ambition within the payment services market. 

The player which is based in Sint-Martens-Latem, is a vested player in the market of payment terminals and payment transactions. It has a solid customer base in retail and mainly in Flanders.

Keyware foresees to integrate GlobalPay's activities as from January 2015. This will be realised without any personnel hires.

The main benefits of this acquisition for Keyware lie, in addition to a reduced time-to-market the further development of its market share, in economies of scale as well as in its direct contribution to both revenues and profit.

GlobalPay's customers also benefit from this deal. They get access to Keyware's Charter, which provides them a state-of-the-art service. In addition, they are offered the possibility to swap their terminal into a more appropriate model and this without any cost. Finally, they may benefit from Keyware's more competitive pricing with respect to PayServices transaction contracts.  

ABOUT Keyware

Keyware (EURONEXT Brussels: KEYW) is a leading supplier of electronic-payment solutions, loyalty systems, identity applications and related transaction management.  Keyware is based in Zaventem, Belgium.www.keyware.com.          

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