January 29, 2008 12:10 ET

INGENICO consolidates its leading position in Africa with a major NSL contract

NEUILLY SUR SEINE, FRANCE--(Marketwire - January 29, 2008) - Ingenico consolidates its leading position in africa with a major contract to deliver an end-to-end solution to NSL (Nigeria's National Sports Lottery)

The Ingenico Group, a leading global provider of secure transaction and electronic payment solutions, has signed a historic contract with Nigeria's National Sports Lottery (NSL Plc) to provide NSL with an end-to-end lottery solution that encompasses multi-function i8550 mobile GPRS terminals and the related software applications and services.

Delivery of the terminals will continue at least throughout 2008 up to a total that could be as high as 50,000 units.

"Over the next months, NSL Plc will be expanding about EUR 40 million to develop the infrastructure that will support our lottery project," stated NSL chief executive Dr. Odunlami Kola- Daisi when the project was unveiled to the media. He noted that this infrastructure will provide the much needed platform to accelerate the emergence of a cashless Nigerian economy.

Philippe Lazare, the CEO of Ingenico, has emphasized how pleased he is with the Group's partnership with the Nigeria's National Sports Lottery. Ingenico, he says, will be actively supporting growth in electronic payments and related services in Africa. "This contract attests to the momentum our company has been building in Africa and will strengthen our presence in the worldwide Lottery and mobile service market. It illustrates Ingenico's ability to deliver complete, innovative solutions that are tailored to the needs of each market," he added.

Equipped with a large library of applications, the multi-function i8550 terminals will be distributed by NSL to merchants and ambulant vendors who sell lottery tickets and a range of value- added services managed by NSL.

As the equivalent of an EMV-compliant PDA, the upmarket i8550 GPRS terminal represents a sizeable share of NSL's total investment in this project. It combines secure payment with value-added services for applications suited to each specific market. The i8550 is a rugged, longer-lasting device with lower maintenance costs than other terminals. The many options it includes—from barcode readers to memory cards—make it a unique, pioneering, highly modular terminal that can operate in a wide variety of environments.

Nigeria's National Sports Lottery (NSL Plc)

Nigeria's National Sports Lottery NSL Plc is a company owned by local and institutional investors who share a vision of supporting sports and good causes by developing lottery games. That is the mandate given to NSL by Nigeria's president when he granted the organization a 30-year license to implement the lottery. NSL was first listed on the Nigerian Stock Exchange on December 14, 2007.

|About Ingenico           |
|Throughout the world,    |
|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 complemented |
|by a global array of     |
|services and             |
|partnerships, enabling   |
|businesses in a number of|
|vertical sectors to      |
|accept transactions      |
|anywhere their business  |
|takes them.              |
|        |

This information is provided by HUGIN

Contact Information


    Max-Paul Sebag
    Communication Director
    190-192 avenue Charles de Gaulle
    F-92200 Neuilly-sur-Seine
    Tel. + 33 1 46 25 82 00
    Email Contact