INGENICO : Press release
* Reuters is not responsible for the content in this press release.
NEUILLY SUR SEINE, FRANCE, Jan 22 (MARKET WIRE) --
Ingenico today announced that it has filed legal proceedings against (1)
Francisco Partners LP (2) Francisco Partners GP LLC (3) Francisco Partners II,
LP
(4) Keith Geeslin (together "the Francisco Parties") for using Ingenico
confidential information and otherwise breaching the Francisco Parties'
obligations owed to Ingenico pursuant to the terms of a Non-Disclosure Agreement
dated March 21, 2006 between Francisco Partners and Ingenico ("the NDA")
The breaches of the NDA arise from the Francisco Parties' proposed provision
of a
$60 million Senior Credit Facility to Hypercom Corporation relating to its
acquisition of Thales' E-Transactions Business. As a consequence, Ingenico
insists that Francisco Partners must immediately withdraw from the proposed
commitment.
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. For more information about Ingenico, please visit: www.ingenico.com.
This information is provided by HUGIN
FININCOM
Jerome Goaer
+33 1 40 71 32 95
Email Contact
Valerie Sabineu
+33 1 40 71 32 71
Email Contact
BRUNSWICK
Jerome Biscay
+33 1 53 96 83 83
INGENICO GROUP
Max-Paul Sebag
Communication, Groupe Ingenico
190-192 avenue Charles de Gaulle
F-92200 Neuilly-sur-Seine
Tel. + 33 1 46 25 82 56
Email Contact
Copyright 2008, Market Wire, All rights reserved.
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