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EQS Group-News: Sandpiper Digital Payments AG / Key word(s):
Alliance/Expansion
SANDPIPER signs partner agreement with Hudoud Alteqnia for Saudi Arabian
digital ID management and mobile payment market
2017-01-11 / 22:30
*SANDPIPER Digital Payments AG signs partner agreement with Hudoud Alteqnia
*
*for Saudi Arabian digital ID management and mobile payment market*
St. Gallen, Switzerland / Riyadh, Saudi Arabia January 11th, 2017: SANDPIPER
Digital Payments AG [1] ("SANDPIPER", ISIN: CH0033050961, Ticker: SDP,
www.sandpiper.ch [2]), a leading company in Europe for cashless payment
systems and services signs partner agreement with Hudoud Alteqnia Ltd. for
Saudi Arabian digital ID management and mobile payment market.
- Hudoud Alteqnia will market and sell SANDPIPER's digital ID management and
mobile payment platform to the Saudi Arabian public and private sectors
delivering new government services, and drive healthcare, retail, and
manufacturing innovation.
- Both partners see a vast potential for digital ID management and mobile
payment to support the country's transformation towards post-oil
technologies for Saudi Millennials.
Dr. Cornelius Boersch, President of the Board of SANDPIPER comments: "We are
very pleased to have won Hudoud Alteqnia as the exclusive partner for our ID
management and payment solution. The subject of the contractual agreements
with Hudoud Alteqnia is also a technology partnership to support the
country's digital transformation for innovative government services.
Together with Hudoud Alteqnia expertise we strongly believe we can support
the country's transformation towards post-oil technologies."
"We are confident that together with Hudoud Alteqnia we can enable the
country's plan for extending e-services. Digital platforms across public-
and private sectors deliver new government services, and drive healthcare,
retail, and manufacturing innovation", says Alexander Schümperli, Chief
Executive Officer Technology of SANDPIPER.
Together with its subsidiaries SANDPIPER is the market leader for
multifunctional card systems for universities, institutions of higher
learning and other educational institutions in Germany and Switzerland. Over
250 universities, and more than 300 schools, institutions of higher
education and student services in Europe alone trust in the high security
standards and the reliability of solutions from SANDPIPER Digital Payments.
Over 1.5 million students are now using the multifunctional card for access
and payment, mobile wallet application and fingerprint solutions.
"We see a growing demand for our market leading portfolio of multifunctional
ID management and payment solutions in Saudi Arabia", says Dr. Abdulaziz
Saleh Al Jarbou, Executive Board member of Hudoud Alteqnia.
*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.
Volker Rofalski, Tel: +41-44-783-80-30; Fax: +41-44-783-80-40, Internet:
www.sandpiper.ch [2]
*Hudoud Alteqnia *
Hudoud Alteqnia is a Saudi technology company, with a history of delivering
national-level projects and teaming with international market leaders in
specific focus areas. The company has unparalleled experience and unique
capabilities in its board and management, with rich know-how and subject
matter expertise across several vertical industries. The company focuses on
embracing modern technology implementation, leading enterprise change from
strategy to architecture, project execution, to operation and maintenance.
Hudoud Alteqnia collaborates with government and corporate clients to
enhance their technology adoption, re-engineer their processes, and
implement innovative systems to build internal capacities and boost
employees' output.
Areas of expertise include consulting, building technology projects, and
outsourcing. The company is engaged in implementing largescale information
technology projects, building mobile and web applications, data warehousing
and decision support, integration of various IT systems and applications,
and consulting on major IT initiatives. The company's customer base includes
various ministries, local governments, financial institutions, national
planning agencies, and sectors that span utilities, telecom, oil and gas,
security and defense, among others.
Fady Issa: Tel/Fax: +966-11-4656028, Internet: www.hudoud.com [3]
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=WXCBURGHOC [4]
Document title: SANDPIPER_Hudoud-Alteqnia_Alliance
End of Corporate News
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
535689 2017-01-11
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(END) Dow Jones Newswires
January 11, 2017 16:30 ET (21:30 GMT)
