Keyware presents itself at European Large & Midcap Event in Paris

Brussels, Belgium - 29 September 2015 - Keyware (EURONEXT Brussels: KEYW), a prosperous leading supplier of electronic-payment solutions, loyalty systems, identity applications and related transaction management will participate in the European Large & Midcap Event on 7 and 8 October 2015 in Paris, France, organized at the Palais Brongniart.

Keyware is a fast-growing, profitable company in the area of electronic payment solutions. For 2014, Keyware almost doubled its net profit and closed its fiscal year with a net profit and EBITDA of 1,910 kEUR and 2,299 kEUR respectively. Net profit recorded an increase of 881 kEUR or 85.62% compared to fiscal year 2013. For the first semester of 2015, the pre tax profit amounted to 1,942 kEUR compared to 631kEUR for the first semester of 2014, which represents an increase of 1,311 kEUR or 207.8%.

At the European Large & Midcap Event, a two-day forum of One to One's, Group Meetings and Workshops between institutional investors and listed companies from Continental Europe, Keyware will present its recent results and provide an update on its strategy, business segments, recent partnerships and its products & services.

Keyware is an independent Network Service Provider (NSP) and plays a leading role in its market segment. Keyware is a payment service company with over 15 years' experience, specializing in :

• the personalization, programming, installation, maintenance, rental and sale of fixed, portable and mobile payment terminals;
• the implementation of payment transactions using Visa, MasterCard, Maestro, V Pay, Amex, JCB, Union Pay,.;
• payment services for e-commerce and m-commerce;
• solutions for loyalty cards.

Keyware holds solid partnerships with various global players in the value chain of electronic payments such as terminal builders Verifone, Ingenico and Worldline and transaction partners such as Worldline, SixPay, PaySquare and EMS.

In 2014 net profit margin (net profit / revenues) amounted to 19.65% compared to 11.76% in 2013, which represented an increase of 67.09% (or 7.89 percentage points). In 2014 EBITDA amounted to 2,299 kEUR which represented an increase of 404 kEUR or 21.32% compared to 2013. In 2014 EBITDA margin (EBITDA / revenues) amounted to 23.66% compared to 21.66%, which represented an increase of 9.23% (or 2 percentage points).

For the first semester of 2015, Keyware generated revenues of 6,474 kEUR compared to 4,265 kEUR over the same period in 2014, which represents an increase in sales of 2,209 kEUR or 51.8% compared to the first semester of 2014. The operating cashflow (EBITDA) for the first semester amounted to 2,225 kEUR compared to 906 kEUR for the first semester of 2014, which represents an improvement of 1,319 kEUR or 145.6%. Further, the net profit amounted to 2,364 kEUR compared to a net profit of 631 kEUR for the first semester of 2014, which represents an improvement of 1,733 kEUR or 274.6%. Finally, the net cash flow amounted to 3,002 kEUR compared to 1,224 kEUR for the first semester of 2014, which represents an increase of 1,778 kEUR or 145.3%.

Above all, Keyware is an ambitious enterprise, with an end-to-end integrated business structure, a solid shareholder base and a focus on maximizing value for its various stakeholders.

The company is quoted on the stock exchange since June 2000 (Euronext : KEYW).