21.11.2016 – 23:31

Sandpiper Digital Payments AG

EQS-News: SANDPIPER Digital Payments AG announces negotiations with Net Element Inc. on potential business combination

EQS Group-News: Sandpiper Digital Payments AG / Key word(s): Mergers &
Acquisitions/Alliance
SANDPIPER Digital Payments AG announces negotiations with Net Element Inc. on
potential business combination

21.11.2016 / 23:30
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SANDPIPER Digital Payments AG announces negotiations with Net Element Inc. on
potential business combination.

St. Gallen / Switzerland, November 21st, 2016:SANDPIPER Digital Payments
AG("SANDPIPER", ISIN: CH0033050961, Ticker: SDP,www.sandpiper.ch), a leading
company in Europe for cashless payment systems and services, announces
negotiations with Nasdaq-listed Net Element Inc.,www.netelement.com("Net
Element") regarding a potential business combination.

The management board of SANDPIPER, being supportive of such a value-adding and
synergetic business combination, points out that the implementation of the
transaction is still uncertain and dependent on different conditions being met.

Further announcements will be made in due course, if and when circumstances so
require.

About SANDPIPER

SANDPIPER Digital Payments AG,www.sandpiper.ch, is a stock-listed technology
holding based in St. Gallen, Switzerland. The company is focused on the
consolidation of the fragmented payment landscape in Europe by pursuing a "buy &
build" strategy in the area of digital cashless payments and access control.

SANDPIPER is already today one of the largest providers of closed-loop payment
systems in Europe. SANDPIPER solutions provide safe and intuitive payment
technologies based on RFID/NFC and mobile applications for markets such as
Retail, Education, Stadium, and Events.

Volker Rofalski, Tel: +41-44-783 80 30; Fax: +41-44-783 80 40,
Internet:www.sandpiper.ch

About Net Element

Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional
and value-added services platform for small to medium enterprise ("SME") in the
US and selected emerging markets. In the US, we are growing transactional
revenue with innovative services including our cloud based, restaurant
point-of-sale solution Aptito. Internationally, Net Element's strategy is to
leverage its omni-channel platform to deliver flexible offerings to emerging
markets with diverse banking, regulatory and demographic conditions such as UAE,
Kazakhstan, Kyrgyzstan and Azerbaijan where initiatives have been recently
launched. Further information is available atwww.netelement.com.
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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=VCEKIQMFAP
Document title: Netelement_SANDPIPER_Alliance_Nov2016

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End of Corporate News
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Language: English

Company:  Sandpiper Digital Payments AG

          Poststrasse 17

          9001 St. Gallen

          Switzerland

Phone:    +41 44 783 80 49

Fax:      +41 44 783 80 40

E-mail:    news@sandpiper.ch

Internet: www.sandpiper.ch

ISIN:     CH0033050961

Valor:    A0MYNQ

Listed:   BX Berne eXchange


End of News EQS Group News Service
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