LONDON and LEAWOOD, KANSAS-May 20, 2004-Euronet Worldwide, Inc. (Nasdaq: EEFT) today announced the acquisition of 10% of the shares of ATX Software Ltd., a provider of electronic prepaid voucher solutions headquartered in the U.K. that processes more than 2 million transactions a month.

ATX offers software or outsourcing solutions for prepaid processing to existing scratch card distributors willing to switch to electronic top-up solutions. ATX's network and transaction processing centers in London and Paris support approximately 14,500 devices using state-of-the-art secure protocols.

ATX works directly with scratch card distributors, who in turn contract with individual retailers. Its customer base spans more than 20 countries, including Belgium, Switzerland, Spain, Holland, Greece, Romania, Tunisia, Nigeria, Gabon, Ghana, Senegal, Cameroon, China, French West Indies, Reunion, Puerto Rico, Fiji and Israel.

"Since ATX is still a growing company, we wanted to partner with an established and profitable international company to keep expanding our market reach," said Paul Van Der Schueren, ATX Software managing director. "Euronet has an effective and successful business model, and working together, we can incorporate our existing distributor base with Euronet's retailer networks and mobile operator relationships."

In the transaction, Euronet was granted an option to purchase an additional 41% of the shares of ATX at any time prior to April 1, 2005. ATX is a profitable, rapidly growing company and Euronet will exercise this option if certain growth expectations are met. The results of ATX will not be consolidated into Euronet's results until Euronet exercises its option to purchase the additional 41% of the shares of ATX.

"Our cooperation with ATX provides us an immediate entry into many growing prepaid markets with minimal capital expenditure," said Michael J. Brown, Euronet Worldwide chairman and CEO. "ATX offers an efficient and flexible technology platform that allows profits to be generated out of small countries and Euronet can leverage ATX's platform and experience into other markets."

In similar news, Euronet's U.S.-based PaySpot subsidiary has acquired the assets of a small, but rapidly growing distributor of prepaid products. This profitable company supports prepaid services in approximately 1,500 locations across the U.S. The acquisition will have a small but positive influence on earnings per share.

Euronet currently provides electronic prepaid payments via its subsidiaries e-pay, Transact and PaySpot. The company's prepaid business focuses on cash-based recharge, or the "top-up" market for processing electronic purchases of prepaid mobile airtime and long-distance calling cards. Euronet supports top-up purchases for mobile service providers at more than 150,000 point-of-sale (POS) terminals in approximately 60,000 retail locations.

About Euronet Worldwide, Inc.

Euronet Worldwide is an industry leader in processing secure electronic financial transactions. 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. Euronet operates the largest independent pan-European ATM network and the largest India shared ATM network. Euronet is also the largest provider of prepaid processing, or top-up services, for prepaid mobile airtime. The company has processing centers located in the U.S., Europe and Asia, and processes electronic top-up transactions at more than 150,000 point-of-sale terminals across 60,000 retailers in Europe, Asia Pacific and the U.S. With corporate headquarters in Leawood, Kansas, USA, and 17 worldwide offices, Euronet serves clients in more than 60 countries. Visit the Company's web site at www.euronetworldwide.com.

About ATX Software

ATX Software offers a unique prepaid e-top-up solution. The company provides end-to-end mobile recharge solutions and focuses on electronic prepaid vouchers. ATX delivers the vouchers to the point-of-sale terminals with state-of-the-art secure protocols through its network and transaction processing systems, managed and monitored at two fully redundant financial transaction processing centers based in London and Paris.

Providing a secure off-line and online method of delivering PIN codes to terminals, ATX keeps an accurate account of what has been delivered. Web-based graphic interfaces and a back-office interface are provided. ATX implements its products worldwide.