BANGO PLC — M&A Activity 2014

Oct 22, 2014

National Storage Mechanism | Additional information

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RNS Number : 8849U

Bango PLC

22 October 2014

22 October 2014

BANGO PLC

("Bango")

Global Agreement with Samsung Electronics Co., Ltd

Bango (AIM: BGO), the mobile payments company, has signed a global agreement with Samsung Electronics Co., Ltd., one of the world's largest technology companies and the world's leading smartphone manufacturer.

Under the terms of the agreement Bango will provide carrier billing, collection and settlement for digital content - such as games, e-books, music and videos - purchased through the Samsung Galaxy Apps app store.

The roll-out across a wide range of countries will begin immediately and Bango will provide an update on progress in due course.

For further information please contact:

Bango plc	Newgate Threadneedle	Cenkos Securities plc
Tel. +44 1223 472777	Tel. +44 207 653 9850	Tel. +44 207 397 8900
Ray Anderson, CEO	Fiona Conroy	Nick Tulloch
Gerry Tucker, CFO	Tim Thompson	Neil McDonald
	John Coles
	Jasper Randall

About Bango

In the era of mobile technology, collecting payments has emerged as a central and complex challenge. Bango (AIM: BGO) powers payment and analytics on the mobile web, providing users with a massively smooth payment experience.

Bango's pervasive presence across the web creates a platform effect for partners, identifying hundreds of millions of users and maximizing the number of one-click payments. Global leaders plugging into Bango include Amazon (NASDAQ: AMZN), BlackBerry World (NASDAQ: BBRY), Facebook (NASDAQ: FB), Firefox Marketplace, Google Play, Windows Phone Store (NASDAQ: MSFT) and major mobile brands including CNN, Cartoon Network and EA Mobile. Visit: bango.com

About Samsung Electronics Co., Ltd

Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, tablets, PCs, cameras, home appliances, printers, LTE systems, medical devices, semiconductors and LED solutions. Samsung employs 286,000 people across 80 countries with annual sales of US$216.7 billion. To discover more, please visit: www.samsung.com 

This information is provided by RNS

The company news service from the London Stock Exchange

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