Proposed Acquisition

4 Oct 2007 16:41

Datacash Group PLC04 October 2007 4th October 2007 DataCash Group Plc: DATA / Index: AIM / Sector: Support Services DataCash Group Plc ('the Company') DataCash announces today that it is in advanced discussions to acquire for cash,a small niche payment service provider. These discussions are about to beextended to a wider audience of the target business's shareholders andaccordingly DataCash is making this announcement. The Board will provide a further update to shareholders in due course. - END - For further information please contact: DataCash Group PLC Paul Burton Tel: +44 (0)870 72 74 76 0Finance Director E-mail: Paul.burton@datacash.com Andrew Dark Tel: +44 (0)870 72 74 76 0Chief Operating Officer E-mail: Andrew.dark@datacash.com Website: www.datacash.com Investec Daniel Adams Tel: +44 (0) 20 7597 5970 About DataCash DataCash Group PLC (AIM: DATA), a market leading provider of payment processingsolutions, provides merchants with a single interface that allows them to process secure payments, both on and offline, anywhere in the world. DataCash also provides a range of value added services with its fraud and RiskManagement solutions supporting AVS/CV2, 3-D Secure (Verified by Visa andMasterCard Secure Code) together with traditional rules-based screening. DataCash provides first-class service reliability at a fraction of the price of an in-house solution, servicing clients within the retail, travel, telecommunications and gaming sectors. This information is provided by RNS The company news service from the London Stock Exchange