EVERTEC Announces Partial Release of Lock-Up Agreement

EVERTEC EVTC announced today that Goldman, Sachs & Co. and J.P. Morgan Securities LLC, joint bookrunners of the Company's initial public offering in April 2013, have agreed to waive certain lock-up restrictions applicable to the Company and certain shares of the Company's common stock. This waiver will permit the sale of such shares by selling stockholders, including shares held by certain officers and current and former employees of the Company, subject to the execution of an underwriting agreement and new lock-up agreements in connection with the recently announced proposed offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.