Euronet Worldwide Reports First Quarter 2005 Financial Results

5 million for the first
quarter 2004.9 million reported for the
first quarter 2004.8 million for the first quarter 2004.

About Euronet Worldwide

Euronet Worldwide is an industry leader in processing secure
electronic financial transactions.2 $16.1)
--------- -- -----------

Net income before foreign exchange loss
(gain) and loss on early debt retirement $7.21 $0.


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7 million for first quarter 2005, compared to
$10.1 million for the first quarter 2004. Excluding this loss, diluted earnings per share were $0.4 million.2 million , compared to 48.
(Telerecarga), a Spanish prepaid wireless top-up company; ATX Software
Ltd.5 million, compared to 83.5 million as of March 31, 2005, compared
to $166. The password is "Euronet . The company offers outsourcing and
consulting services, integrated EFT software, network gateways , and
electronic prepaid top-up services to financial institutions, mobile
operators and retailers .S.8

Add: Income tax 1.5 $0.4 0.8 $7. Genaissance also
markets its proprietary FAMILION(TM) Test, designed to detect mutations
responsible for causing Familial Long QT and Brugada Syndromes, two causes of
sudden cardiac death.
For more information on Genaissance , visit the Company's website at:
http://www.

Aromanian is a dialect of Romanian spoken by some 150 ,000 people throughout the Balkan Peninsula in Albania, Bulgaria, Greece, FYR Macedonia and Romania.

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A.2 million at December 31, 2004.m. The conference call will be broadcast on the
Internet and can be accessed via the Euronet Worldwide Internet site
at www.com/investors/library/presentations.4 - 3.2 - 1.4 $10. Department of Agriculture,
under its National Scrapie Eradication Program, for over a year now. Vovis continued.com.

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10 diluted earnings per share, for the first quarter 2004. Operating income for the first quarter was $5., Greece, Romania, Slovakia, Kosovo,
Albania, India, and Egypt. This increase
does not take into consideration the effects of foreign exchange gains
or losses, gains or losses on the early retirement of debt,
discontinued operations, and other non-operating or unusual items that
Euronet cannot reasonably project.2 million shares of common stock,
subject to adjustment. Since the assumed conversion of the debentures
is not dilutive for the three months ended March 31, 2005, the impact
has been excluded from the calculation of diluted earnings per share;
however, the impact on earnings per share is expected to be dilutive
in future periods, and, accordingly, the 4.asp?ID=91373."
For those unable to attend the live broadcast, a replay will be
available beginning approximately one hour after the event at
www . Euronet is also the largest provider of prepaid processing,
or top-up services, for prepaid mobile airtime.
Consolidated Statement of Operations and Comprehensive Income
(unaudited - in thousands, except share and per share data)

Three Months Ended
March 31,
2005 2004
----------- -----------
Consolidated Statements of Operations Data:
Revenues:
EFT Processing $23,889 $14,940
Prepaid Processing 89,381 62,919
Software and related revenue 3,936 3,196
----------- -----------
Total 117,206 81,055
-- --------- -----------

Operating expenses:
Direct operating costs 82,372 56,645
Salaries and benefits 11,949 9,454
Selling , general and administrative 6,138 4,889
Depreciation and amortization 5,025 3,554
----------- --- --------
Total operating expenses 105,484 74,542
----------- -----------
Operating income 11,722 6,513
----------- --------- --

Other income (expenses):
Interest income 1,207 571
Interest expense (1,588) (1,836)
Loss on early retirement of debt - (71)
Income (loss) from unconsolidated affiliates 245 (21)
Foreign exchange gain (loss), net (2,842) 235
----------- -----------
Total other expense (2,978) (1,122)
--------- -- -----------
Income from continuing operations before
income taxes and minority interest 8,744 5,391
Income tax expense (3,830) (2,105 )
Minority interest (88) -
----------- -----------

Net income 4,826 3,286
Translation adjustment (1,961) (205)
----------- -----------
Comprehensive income $2,865 $3,081
=========== ===========

Net Income per share - basic:
Net income $0.8
Add: Minority
interest - - - 0.1 $5.0 6.7 $3.

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Consolidated operating income for the
quarter was $11.1 million .S. Participants should go to
the web site at least 15 minutes before this event to download and
install any necessary audio software. To dial in for
the replay, the call-in number is +1-877-660-6853 (USA ) or
+1-201-612-7415 (non-USA). Copies of these filings may be obtained by
contacting the Company or the SEC.1 2.7

Add: Depreciation
and amortization 2.2 0.1
Less: Foreign
exchange gain - - - (0.5 0.8 $0.1
=========== =========== ========== =============

EURONET WORLDWIDE, INC.1 (0. Scientists have identified forms of a sheep gene that may determine
a sheep's susceptibility to being infected with scrapie. Such statements are subject to certain factors, risks and
uncertainties that may cause actual results, events and performance to differ
materially from those referred to in such statements, including, but not
limited to , Genaissance's ability to fund its drug development efforts, the
extent to which genetic markers (haplotypes) are predictive of clinical
outcomes and drug efficacy and safety, the attraction of new business and
strategic partners, the adoption of the Company's technologies by the
pharmaceutical industry, the acceptance of the Company's cardiac tests by
health care providers, the timing and success of clinical trials, competition
from pharmaceutical, biotechnology and diagnostics companies , the strength of
the Company's intellectual property rights and those risks identified in the
Quarterly Report on Form 10-Q for the quarter ended June 30, 2005, filed with
the Securities and Exchange Commission on August 9, 2005, and in other filings
the Company makes with the Securities and Exchange Commission from time to
time. The forward-looking statements contained herein represent the judgment
of Genaissance as of the date of this release.

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The Prepaid
Processing Segment processes electronic point-of-sale prepaid
transactions at more than 205,000 point-of-sale terminals across more
than 94,000 retailers in Europe, Asia Pacific and the U. Moreover, the Prepaid Processing Segment
benefited to a marginal extent from the late first quarter 2005
contributions of three newly acquired companies: Telerecarga S. As required by EITF 04-8, "The Effect of
Contingently Convertible Debt on Diluted Earnings per Share,"
regardless of whether the conditions upon which the debentures would
be convertible into shares of the company's common stock have been
met, if dilutive, the impact of the contingently issuable shares is
included in the calculation of diluted earnings per share under the
"if converted" method .euronetworldwide.vcall. Euronet operates and services the largest
pan-European group of ATMs and operates the largest India shared ATM
network.2)
Less: Rounding and
other (0.1) (0.6 7.8 1. The cards inactivate infectious agents,
can be shipped and stored at room temperature and are suitable for automated
DNA processing.

diaspora dialect

(NASDAQ: EEFT), a leading electronic payments provider, announced
consolidated revenues of $117.8 million, or $0.3 million ,
or $0.0 million, compared to $3. Prepaid market.22 to $0. The debentures are potentially
convertible into approximately 4. For those without Internet
access, the conference call-in number is +1-877 -407-9210 (USA) or
+1-201-689-8049 (non-USA).
Consolidated Summary Balance Sheets
(unaudited - in thousands)

As of As of
March 31, December 31,
2005 2004
----------- --------------
ASSETS
Current assets:
Cash and cash equivalents $72,984 $124,198
Restricted cash 107,896 69,300
Inventory - PINs and other 18,224 18,949
Trade accounts receivable, net of allowance
for doubtful accounts 114,276 110,306
Other current assets, net 28,349 22,013
----------- --------------

Total current assets 341 ,729 344,766

Property, plant and equipment, net 42,007 39,907
Goodwill and intangible assets, net 286,203 212,598
Other assets, net 18,588 21,204
----------- -------- ------

Total assets $688,527 $618,475
=========== ==============

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and other current
liabilities $313,440 $283,918
Current portion of debt obligations and
short-term borrowings 9,088 9,265
------- ---- --------------

Total current liabilities 322,528 293,183

Obligations under capital leases, excluding
current installments 15 ,450 16,894
Deferred income tax 22,762 17,520
Debt obligations 140,000 140,000
Other long-term liabilities 2,314 3,093
Minority interest 6,341 5,871
----------- --------------

Total liabilities 509,395 476,561

Stockholders' equity 179 ,132 141,914
----------- --------------

Total liabilities and stockholders' equity $688,527 $618,475
=========== ==============

EURONET WORLDWIDE, INC.1
Less: Interest
income - (0.8 (0.1
Rounding 0. "We have been
providing similar genotyping services to the U .

vlachs armani

Operating income for the first quarter 2005 was
$7.8 million, compared to the prior year's first quarter results of
$6.5 million prepaid
transactions processed in the first quarter 2004.
The Prepaid Processing Segment's first quarter's year-over-year
revenue improvements were the result of a continuation of transaction
growth together with benefits of acquisitions completed in periods
after the first quarter 2004.
All segments included, transactions processed in the first quarter
2005 were 144. The account number is 286 and the
conference ID number is 146861.euronetworldwide . With corporate headquarters in Leawood, Kansas, USA, and
21 worldwide offices, Euronet serves clients in approximately 70
countries.
These risks and other risks are described in the company's periodic
filings with the Securities and Exchange Commission, including but not
limited to Euronet's Form 10-Q for the periods ended March 31, 2004;
June 30, 2004; and September 30, 2004 and its Form 10 -K for the year
ended December 31, 2004.13 $0.4 - 2.

Genaissance Will Provide Exclusive Genotyping Services for Greek Scrapie Contract

Antisel is Genaissance's distributor for its
products and services in Greece, Bulgaria and the former Yugoslav Republic of
Macedonia.
"We are delighted that Genaissance will be the exclusive genotyping
provider for this contract ," said Gerald F."
"We are pleased to be working with Genaissance," said Alan Kofsky, Vice
President Sales, Whatman, Inc.genaissance.

farsarotul vlach

----Euronet Worldwide,
Inc. Adjusted EBITDA (operating income plus depreciation and
amortization) was $16. Euronet owns and/or operates ATMs in Hungary, Poland, Germany ,
Croatia, the Czech Republic, U.

The Prepaid Processing Segment reported first quarter 2005
revenues of $89.5
million in incremental recurring sales and marketing costs to
strengthen efforts in the growing U.vcall.9 $4.1) - -
-- --------- ----------- ---------- -------------

Subtotal - Operating
income 5., Genaissance
Pharmaceuticals, Inc. "We believe that our proprietary FTA(R) cards
are ideal for collecting samples, especially for the Ag market where samples
have to be collected in the field.

FTA(R) is a registered trademark of Whatman Plc.

echoes mihai

4 million, compared to $62.6
Add: Foreign
exchange loss - - - 2.2)
Less: Income from
unconsolidated
affiliates - (0.1) - -
----------- ----------- ---------- -------------

Earnings before
interest , taxes,
depreciation and
amortization
(Adjusted EBITDA) $3.

mihai minorities

The
improved results of the first quarter 2005 over the same quarter last
year are largely attributable to the continued growth in ATMs under
management, primarily in our Indian, Polish and Romanian markets,
together with transactional growth from those and all other managed
ATMs. Adjusted EBITDA for the first quarter 2005 was $10.2 million at December 31, 2004. Management believes the exclusion
of these items provides a better basis for evaluating the underlying
business unit performance.com/CEPage.2 $3.3

Add: Income tax 0.2 - - 1.A.

helsinki pindos

K.S. based provider of electronic prepaid voucher
solutions, in which we increased our ownership percentage to 51% by
acquiring an additional 41% ownership share of that company; and
Dynamic Telecom, Inc. This increase was primarily due to the EFT
Processing Segment implementation of ATM outsourcing agreements in
India, Romania and Poland, combined with continued growth and
acquisitions in the Prepaid Processing Segment. The call and webcast replay will be
available for one month.3 5.

veria balkan

Excluding this
gain, diluted earnings per share were $0.09, or $3. The EFT Processing Segment
processed 77.2 million for amortization
of intangible assets assigned for purchase accounting related to the
acquisitions in the Prepaid Processing Segment. The
decrease in unrestricted cash was largely due to acquisition-related
payments for Transact, Movilcarga, Telerecarga and ATX. You can also access the Earnings presentation
at www .2 6. Vovis, Ph.

aromanian mihai

13
diluted earnings per share, compared to a net income of $3.

The EFT Processing Segment posted first quarter 2005 revenues of
$23.0 million.
Adjusted EBITDA is a calculation commonly used as a basis for
investors, analysts and credit rating agencies to evaluate and compare
the periodic and future operating performance and value of companies
within the transaction processing industry.com/CEPage.
Reconciliation of Net Income to Adjusted EBITDA by Segment
(unaudited - in millions)

Three Months Ended March 31, 2005
------------------------------------------------
EFT Prepaid Software
Processing Processing Solutions Consolidated
----------- ----------- ---------- -------------

Net Income $4.0
Rounding (0.8
Add: Loss on early
retirement of debt - - - 0.1
----------- -----------

Income per share - diluted $0. (Nasdaq: GNSC) announced today that it will provide its
high-throughput sample handling and genotyping services to Antisel A.

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9 million reported for the first
quarter 2004. First
quarter 2005 Adjusted EBITDA was $8.1
million, compared to $7.K. Eastern Daylight Time to
discuss these results.asp.14 $0.10
=========== ===========

Diluted weighted average shares outstanding 36,528,742 33,351,456
=========== ===========

EURONET WORLDWIDE , INC.9) - (1.8 0.5

Add: Depreciation
and amortization 1.

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1 million for the first
quarter ended March 31, 2004.8
million.6 million,
compared to the prior year's first quarter of $2. (Dynamic), a prepaid wireless top-up company in
the U. No
fees are charged to access any event.6 0.0 $10.09
=========== ===========

Diluted weighted average shares outstanding 36,528,742 33 ,351,456
=========== ===========

The Company 's product development strategy is focused on
drug candidates with promising clinical profiles and finding genetic markers
to identify a responsive patient population.

rroma olympos

These results compare to $81 .
Net income for the first quarter 2005 was $4.21,
or $7.9 million, compared to $14. Euronet's actual
results may vary materially from those anticipated in such
forward-looking statements as a result of a number of factors,
including: technological developments affecting the market for the
company's products and services; foreign exchange fluctuations; and
changes in laws and regulations affecting the company's business.9 11.D. is developing innovative products based
on its proprietary pharmacogenomic technology and has a revenue-generating
business in DNA and pharmacogenomic products and services.

asterios closely

The
first quarter 2005 net income included a foreign exchange loss of $2 . The
segment completed the quarter with 6,201 ATMs owned or operated,
compared to 3,870 ATMs at the end of the first quarter 2004. Total
transactions processed by the Prepaid Processing Segment in the first
quarter 2005 were 67. As
previously announced, the company intends to expand its Prepaid
Processing Segment both domestically and internationally through
internal sales and promotional efforts as well as, if appropriate,
acquisitions.
The quarterly Adjusted EBITDA and operating income improvements
generally correlated to the increases in revenues. Offsetting
operating income in the first quarter 2005 was approximately $0.23.2 million shares would be
included in the calculation of diluted earnings per share.
We believe that Adjusted EBITDA provides useful information to
investors because it is an indicator of the strength and performance
of our ongoing business operations, including our ability to fund
capital expenditures, acquisitions and operations and to incur and
service debt. The company has
processing centers located in the U. Visit the company's web site at www."

About Genaissance Pharmaceuticals, Inc. This strategy is designed to
enable Genaissance to leverage existing clinical data and, thus, reduce the
costs and risks associated with traditional drug development and increase the
probability of clinical success and commercialization.

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1 million for the
first quarter 2004, primarily due to increases in professional fees,
largely driven by the requirements of the Sarbanes-Oxley Act of 2002,
and salary expense resulting from overall company growth. While depreciation and amortization are considered
operating costs under generally accepted accounting principles, these
expenses primarily represent non-cash current period allocation of
costs associated with long-lived assets acquired in prior periods.S.1
Add: Interest
expense 0.5) - (0. S.S.

metropolis pindos

(ATX), a U.S.4 million processed in the
first quarter 2004. Moreover, management
analyzes historical results adjusted for certain items that are
non -operational or not necessarily ongoing in nature and that are
incremental to the baseline of the business.

EURONET WORLDWIDE, INC.11
=========== ===========

Basic weighted average shares outstanding 33,883 ,451 30,120,295
=========== ===========

Net Income per share - diluted:
Net income $0.3 $0.1) - (0.6)
----------- ----------- ---------- -------------

Subtotal: Operating
income 2.2 3."
"We have a relationship with Whatman to further develop the Ag genotyping
market," Dr.
Genaissance Pharmaceuticals , Inc. The Company's lead
therapeutic product, vilazodone for depression, is in Phase II of development .

balkan diaspora



Business Editors/Technology Editors

LEAWOOD, Kan. Net income for the first quarter 2004 included a
foreign exchange translation gain of $0.8
million for the first quarter 2004.3 million transactions in the first quarter 2005 compared
to 34.
Reconciliation of Net Income to Adjusted EBITDA by Segment
(unaudited - in millions)

Three Months Ended March 31, 2004
--------------------------------- ---------------
EFT Prepaid Software
Processing Processing Solutions Consolidated
----------- ----------- -- -------- -------------

Net Income $1. - Will Address EU Mandate for Sheep -Breeding Programs That Confer
Resistance to Scrapie -

NEW HAVEN , Conn. "With Whatman, we believe that we address both
the sample collection and genotyping issues so that we will have a competitive
advantage for the growing trait identification and traceability market.

mihai armani

9 million transactions for the same period last year.6 million of
expenses in the first quarter 2005, compared to $2. Euronet's
total indebtedness was $164. Generally, these items
include gains or losses associated with the sale of business assets or
operations, market development costs, foreign exchange translations,
discontinued operations, early debt retirement and other similar items
as discussed in this press release. U.com or via Vcall at
http://www.asp?ID=91373 as well as via phone ., Europe and Asia, and processes
electronic top-up transactions at more than 205,000 point-of-sale
terminals across more than 94,000 retailers in Europe, Asia Pacific
and the U.1) 0.1 - -
----------- ----------- ---------- -------------

Earnings before
interest, taxes,
depreciation and
amortization
(Adjusted EBITDA ) $8.2)
Less: Interest
income - (0.8 $3.
Scrapie is a fatal, degenerative disease affecting the central nervous
system of sheep and goats .

This press release contains forward-looking statements, including
statements about the expected growth and development of Genaissance's
business, such as Genaissance's ability to effectively complete its vilazodone
and clozapine programs, detect associations between clinical outcomes and
genetic variation, the ability to assess how genetic variation can affect drug
response, efforts to build a drug candidate pipeline, the timing and outcome
of its genetic testing programs and the ability of Genaissance to apply its
technologies to the development, marketing and prescribing of drugs and
Genaissance's ability to detect associations between clinical outcomes and
genetic variation .

seli dialect


Euronet also announced that it expects earnings per share for the
second quarter 2005 to be approximately $0.
In December 2004, the company issued convertible senior debentures
that if converted in the future would have a potentially dilutive
effect on the company's stock.

Euronet Worldwide will host an analyst conference call on
Wednesday, April 27, 2005, at 9:00 a.S.euronetworldwide.com

Any statements contained in this news release that concern the
company's or management's intentions , expectations, or predictions of
future performance, are forward-looking statements.8
Add: Interest
expense 0.1 $1.7
=========== =========== ========== =============

EURONET WORLDWIDE, INC. Selidis
Bros., which has been awarded a contract by the Hellenic Ministry of
Rural Development and Food as part of Greece's efforts to implement the
European Union's mandate for establishing a breeding program in sheep that
confers resistance to scrapie.

aromanian vlach

7 million, compared to $6.7 million. Depreciation
and amortization included approximately $1.
The company's unrestricted cash on hand was $73. The attached schedules provide a full
reconciliation of any such non-GAAP financial measures.0 $6.5 2.3
Foreign exchange loss (gain) 2.

aromanian echoes

2 million for the first quarter ended
March 31, 2005 .2 million.

The Corporate Services Segment And Other had $2.0 million as of
March 31, 2005 as compared to $124.7 1.6
Rounding - (0.
Reconciliation of Net Income Excluding FX, Discontinued Operations,
Gain on Sale and Retirement of Debt
(unaudited - in millions, except share and per share data)

Three months ended
March 31,
-----------------------
2005 2004
----------- -----------

Net income $4 .2)
Loss on early debt retirement - 0. There is no scientific evidence to indicate that
scrapie possesses a risk to human health, but the disease has serious economic
consequences for sheep producers whose flocks become infected with the
disease., Executive Vice
President and Chief Technology Officer of Genaissance. Genaissance disclaims any
obligation to update any forward -looking statement.

metropolis mihai

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