“We believe this transaction will provide meaningful earnings
diversification and margin expansion, as well as add a new and robust
distribution platform for Green Dot's products and services,” said
Forward-Looking Statements
This announcement contains forward-looking statements, which are subject
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These statements include, among other things,
statements regarding the potential for improved margins and revenue and
earnings diversification. Actual results may differ materially from
those contained in the forward-looking statements contained in this
announcement. The potential risks and uncertainties that could cause
actual results to differ from those projected include, among other
things, the businesses of the Company and TPG may not be combined
successfully, or such combination may take longer, be more difficult,
time-consuming or costly to accomplish than expected; the risk that
sales of TPG products will not be as high as anticipated; the expected
growth opportunities or cost savings from the acquisition may not be
fully realized or may take longer to realize than expected; customer
losses and business disruption following the acquisition, including
adverse effects on relationships with former employees of TPG, may be
greater than expected; the risk that the Company may incur unanticipated
or unknown losses or liabilities; and the risk that legislative or
regulatory changes, or changes in the way the existing legislation and
regulations are interpreted or enforced, may adversely affect the
business in which TPG is engaged. Additional factors, that could cause
actual results to differ materially from those expressed in the
forward-looking statements include the impact of the Company’s supply
chain management efforts on its revenue growth, the timing and impact of
revenue growth activities, impact of competition, demand for the
Company's new and existing products and services, and continued and
improving returns from the Company's investments in new growth
initiatives. These and other risks are discussed in greater detail in
the Company's
About Green Dot
Source:
Investor Relations
Christopher Mammone, 626-765-2427
IR@greendot.com
or
Media
Relations
Brian Ruby, 203-682-8286
Brian.Ruby@icrinc.com