Paris : ING

March 07, 2012 01:14 ET

INGENICO: Ingenico welcomes reclassification to Technology sector and inclusion in the DJS600

NEUILLY-SUR-SEINE, FRANCE--(Marketwire - Mar 7, 2012) - Ingenico (Euronext: FR0000125346 - ING), leading worldwide provider of payment solutions, welcomes its reclassification by the Industry Classification Benchmark ("ICB") from the "Industrial Goods & Services" super-sector to the "Technology" super-sector. This change will become effective on March 19 2012. The company also welcomes its inclusion in the Stoxx Europe 600 Index since December 19 2011.

Ingenico' business mix has been evolving in recent years. The group provides merchants with one-stop-shop payment and VAS solutions, leveraging on its sophisticated and technologically advanced payment terminal devices (such as iWL touch 280-350, iSMP.) and on its cross-border and cross-channel payment infrastructure supporting more than 2 billion transactions.

Philippe Lazare, CEO of Ingenico, commented: "We're very pleased with the ICB's decision to reclassify Ingenico consistent with our transition to merchant-centric payment solutions via our continued technology investment in software and hardware solutions, our very large installed base and our global reach spanning more than 125 countries. The inclusion in the DJS600 will also benefit Ingenico's liquidity and increase attractiveness of the Ingenico investment case for potential and existing shareholders."

About Ingenico (Euronext: FR0000125346 - ING)

Ingenico is a leading provider of payment solutions, with over 17 million terminals deployed in more than 125 countries. Its 3,600 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue.


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Source: INGENICO via Thomson Reuters ONE


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