Planet Payment Announces 2010 Annual Results

Total Revenue Increases 37%, Multicurrency Revenue Up 56%, Gross Profit Up 26%, Adjusted EBITDA Up 286%Planet Payment, Inc. (UK: LSE:AIM: PPT and PPTR; USA: OTCQX: PLPM), a leading international payment and data processor, today announced its results for the year ended December 31, 2010 and quarterly results for the three month period ended December 31, 2010. During both periods, the Company again delivered solid results, showing strong growth: 2010 Financial Highlights · Total revenue increased 37% to $64.7m (2009: $47.3m). · Gross Profit increased 26% to $20.5m (2009: $16.3m)