SOURCE: INGENICO

October 31, 2006 12:42 ET

INGENICO SA and MONEYLINE SA merger approved by both group's extraordinary shareholders' meetings

Neuilly-Sur-Seine -- (MARKET WIRE) -- October 31, 2006 -- JOINT PRESS RELEASE

31 October 2006

In compliance with the project agreed by the Boards of Directors on 20 September 2006, the Extraordinary Shareholders' Meetings of Ingenico SA and MoneyLine have given the go-ahead for these two companies to join forces, by merging MoneyLine into Ingenico SA based on an exchange ratio of 52 Ingenico shares for 25 MoneyLine shares.

Ingenico SA will thus increase its capital by EUR 1,882,764 from EUR 30,124,312 to EUR 32,007,076, divided into 32,007,076 shares with a par value of EUR 1 each.

The relutive effects of this operation should become apparent from the first year.

By allying MoneyLine's Axis C3 solution with Ingenico's array of payment terminals, currently the most complete on the market, this joining of forces is an industrial and commercial feat as it will create the undisputable leader in electronic payment solutions for the multi-lane retail sector and trading groups.

The quality of the MoneyLine solution combined with Ingenico's worldwide presence and its vast payment application library will make this new partnership highly responsive to its customers' growth needs by supporting their expansion in Europe through a unique and reliable electronic payment solution offering a host of functionality.

The entrepreneurial culture instilled in both these groups offers an additional guarantee of success, with intra-Group synergies assured.

Finally, this operation fits perfectly with the strategy announced a year ago by Amedeo d'Angelo, Ingenico's CEO, which focuses on boosting the Group's market share in France and consolidating its clear leadership on the market, traditionally known for its high trail-blazing potential in terms of major developments at worldwide level.

Amedeo d'Angelo and Marc Bonnemoy, founder of MoneyLine SA, stated, "We are delighted to have been given the green light for this project by our shareholders. Our respective teams are very keen to get to work on this new challenge."

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INGENICO:

Throughout the world, banks and businesses rely on Ingenico for secure and expedient electronic transaction acceptance. Ingenico products leverage proven technology, established standards and unparalleled ergonomics to provide optimal reliability, versatility and usability. This comprehensive range of products is complimented by a global array of services and partnerships, enabling businesses in a number of vertical sectors to accept transactions anywhere their business takes them. For more information about Ingenico, please visit www.ingenico.com.

MONEYLINE:

The MoneyLine Group is a supplier of technological solutions equipping sales outlets and banks, with its business divided into two divisions:

- The Banking division, specializing in automatic systems for banks, and leader in cheque processing solutions,

- The Payment divison, specializing in electronic payment solutions, and leader in the French retail sector.

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