eONE Global Finalizes Acquisition of the Mobile Business Unit of Brokat Technologies
Napa, Calif., and Stuttgart, Germany, November 21, 2001 – eONE Global, LP (www.eoneglobal.com), an innovator in identifying
and developing emerging payment technologies, has completed its acquisition of the assets that comprised the M-Business
division of Brokat Technologies (Nasdaq: BROA, Neuer Market: BRJ, www.brokat.com). eONE Global’s newest operating unit,
Encorus Technologies (www.encorus.com), will focus on driving the acceptance and usage of mobile payments worldwide.
The assets of the acquisition provide the foundation for Encorus Technologies GmbH (Encorus-Germany), located in Stuttgart,
which provides flexible and open mobile payments software and infrastructure for Encorus’ processing services business.
Encorus Technologies Limited, which will base executives and primary operations in Ireland, offers efficient payment processing
services to customers worldwide. Most of the existing management of the M-business unit team will join Encorus-Germany in
their current roles and report to eONE Global Managing Director John Duncan.
“Encorus-Germany is poised to play a significant role in the next generation of payment innovation - secure, standard and
simple mobile payments via any type of mobile device - from cell phones to Palm devices,” said Duncan. “Encorus-Germany’s
solutions provide merchants, carriers and consumers with universal, convenient and instant mobile transaction payment
processing services available to anyone, anywhere, at any time. The addition of Encorus as eONE Global’s third operating unit
positions us to take full advantage of the migration to mobile payments.”
“We’re very excited to be part of the eONE Global family,” stated Stephan Kruppa, executive vice president of Encorus-
Germany. “We now have a more complete value proposition by combining our leading mobile payment software with eONE
Global’s superior processing capabilities. This is indeed an exciting new step in building a