EQS-News: Sandpiper Digital Payments AG

SANDPIPER Digital Payments AG: PlayPass, a portfolio company, wins prestigious 'Entrepeneur of the Year' award

St. Gallen, Switzerland / Brussels, October 2017: SANDPIPER Digital Payments AG ("SANDPIPER", ISIN: CH0033050961, Ticker: SDP, www.sandpiper.ch), a leading company in Europe for cashless payment systems and services announces, that PlayPass has won the prestigious 'Entrepreneur of the Year' award, presented by the Flemish government. This award is a recognition for fast growing innovative and promising companies, excelling in their development phase.

PlayPass provides event organizers with platform solutions that enable them to increase revenue, operate more efficiently and deliver a better visitor experience. Founded in December 2012, the company has 30 employees, and is active in 16 countries on 5 continents. PlayPass has grown organically, with headquarters in Belgium and satellite offices in New York and Singapore. In addition, it is setting up offices in the UK and Spain and will invest heavily in Germany as a hub for central Europe.

David De Wever, founder and CEO of PlayPass: "We are honored to have received this prestigious award. It is a thankful recognition for the massive effort of our team over the past years."

This young enterprise is an example of how new digital business models are expanded, based on existing competences in the area: the cluster of concerts, events and music business. The jury praises the company for its courage to keep focusing on this niche market and to roll it out globally, before distributing its products and services in other sectors as well. The payment solutions that PlayPass offers have a lot of growth potential. But technology of course evolves rapidly, meaning this company will have to keep adjusting. Management however is aware of that. With this recognition, we want to encourage other entrepreneurs in Flanders to realize their dream, with a healthy dose of realism and knowledge that is often acquired in more traditional activities. This way PlayPass is the perfect ambassador for the new entrepreneurship in Flanders ", says Geert Noels, president of the jury.

PlayPass is expanding rapidly and is hiring 20 employees in 4 countries in the next few months. For more information, please visit www.playpass.eu.

About PlayPass
PlayPass, www.playpass.eu, offers full-service solutions that include consumer wearables, hardware devices (including cashless point-of-sale terminals), proprietary software (powering the system as well as providing front-end account management and rich back-end analytics reporting) and support services for event staff and end-users. The core components of the platform include contactless payments, access control, crew management and data analytics.

For any further information, please contact Ron Schuermans, +32 475 97 90 22 or ron@playpass.be

About SANDPIPER Digital Payments AG
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 by pursuing a "buy & build" strategy in the area of digital cashless payments and access control.

SANDPIPER solutions provide safe and intuitive payment technologies based on RFID/NFC and mobile applications for markets such as Retail, Education, Stadium, and Events.

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