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Ease2pay N.V. Capital/Financing Update 2006

Mar 15, 2006

3832_iss_2006-03-15_a228e219-77ed-4f0a-9d15-3683f2114092.pdf

Capital/Financing Update

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DOCdata

To be distributed on 15 March 2006

PRESS RELEASE

DOCdata purchases a 30% share interest in payment-service-provider Triple Deal B.V.

DOCdata N.V. today announces to have purchased an interest of 30% in the issued share capital of the Payment-Service-Provider Triple Deal B.V. in Maarn (the Netherlands) through her 100% subsidiary DOCdata Nederland B.V. The purchase price of the shares amounts to € 0.9 million and has been fully paid in cash. For the largest part, these shares have been purchased from a number of minority shareholders. The remaining 70% of the issued share capital of Triple Deal B.V. is still held by Conclusion Consultants B.V. in Utrecht (the Netherlands).

The purchase agreement includes an option right to purchase another 30% of the issued shares of Triple Deal B.V. DOCdata can exercise this option right during the period from 1 January 2007 till 1 June 2007 against an exercise price, that will be paid partly in cash and partly through delivery of shares DOCdata N.V. The amount of the exercise price depends on the actual turnover that Triple Deal B.V. will realise in 2006.

DOCdata will also provide additional financing for € 0.26 million to Triple Deal B.V. to support the further international expansion of the activities of Triple Deal B.V.

The acquisition of this 30% share interest in Triple Deal B.V. fully fits DOCdata's new strategy 'Vision 2010: Gear to Growth', which was announced last 16 February. It is a further step to transform DOCdata from a production-oriented company to an innovative service company. Apart from offering fine meshed distribution within Europe, DOCdata wants to develop itself to a "full service e-Commerce" company. This means DOCdata will offer turn key solutions for companies that want to use the Internet as a distribution channel for their products or services. Apart from physical distribution services, DOCdata will internationally offer digital services, amongst others payment services, download functionalities, web management and reporting tools. This means for both DOCdata and Triple Deal B.V. that a unique chain of services can be offered and that there will be a basis for further internationalisation.


Triple Deal B.V. is a company that predominantly provides two kinds of services:

  • Global Payment Services: an online payment platform for companies that want to outsource and automate their online and/or offline payment flow. The best example of this service is the online pay-desk behind an e-commerce site or the payment handling of a call centre. Triple Deal, offering multiple payment solutions for online and offline payment transactions, is strongly growing and operates already for 900 companies;
  • Escrow Services: mediating between buyer and seller on the Internet, Triple Deal acts as a trusted third party to create trust and security in online transactions. Often this service is used in the person-to-person market where transactions are created at online auctions or marketplaces.

In 2005, Triple Deal realised a turnover of € 1.1 million and employed 7 employees on average. For further information, reference is made to the website of the company: www.tripledeal.com

Conclusion Consultants B.V. is a company that belongs to the Conclusion Group, with 25 specialised subsidiaries active in people business, each responding flexibly to market demand. Conclusion has budgeted a turnover of € 90 million for 2006. Conclusion works on project basis, delivering consultancy services and deploying staff within the following business areas: technology, communication, human capital and organisation. The subsidiaries of Conclusion are active in the following market segments: Social Security and Healthcare, Advanced Government, Finance and Industry. For further information, reference is made to the website of the company: www.conclusion.nl

  • DOCdata E-commerce Fulfillment business specialises in fine meshed logistics and personalised distribution for amongst others Internet shops, retail chains and hard- and software companies, predominantly for the European market.
  • Industrial Automation Integrators currently designs and builds production systems, which utilise optical and laser technology for application in amongst others document security systems for high security printers and equipment for processing of packaging materials. Industrial Automation Integrators also provides security features for authentication.
  • DOCdata Media Group is a leading independent provider of supply chain management services for content owners: movie, audio, multimedia and software publishers in Europe.

Waalwijk, The Netherlands, 15 March 2006 – DOCdata N.V. (Euronext Amsterdam: DOCD)

Further information: DOCdata N.V. M.F.P.M. Alting von Geusau CEO Tel. +31 416 631 100

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