EquityStory AG acquires 25 per cent in ARIVA.DE AG
EquityStory AG / Acquisition/Alliance
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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EquityStory AG acquires 25 per cent in ARIVA.DE AG
EquityStory AG succeeds in entering the market for online advertising
Munich – 22 August 2007
EquityStory AG (ISIN: DE0005494165) acquires 25 per cent plus a share in
ARIVA.DE AG, Kiel, thus developing the profitable market for online
advertising. The parties agreed to keep the purchase price confidential.
ARIVA.DE AG operates the well-known ARIVA.DE financial portal. Having
registered 22 million page views and 1.8 million unique visits, it ranks
fourth among the financial portals that are independent from banks, behind
OnVista, Finanztreff and wallstreet:online, according to the IVW coverage
measurement. Apart from wallstreet:online, it is the only financial portal
featuring an own forum community. The second source of income is the
licensing business. ARIVA.DE AG operates complete financial portals on
behalf of customers or develops software applications for financial
websites. A comprehensive derivatives database, the data of which are used
by more than 20 licensees, is particularly successful. The company has 21
employees.
The interest enables EquityStory AG to strengthen two divisions of its core
business. Firstly, the Distribution & Media division and, secondly, the
Websites & Platforms division.
Achim Weick, CEO of EquityStory AG, says: 'The market for online
advertising in the financial industry is growing significantly. Previously,
we could not participate in these proceeds. The interest in ARIVA.DE AG now
enables us to also open up this segment for us.'
In the 2006 financial year, ARIVA.DE AG generated sales proceeds to the
amount of approximately 1.2 million euros, thus earning an annual surplus
of 161,000 euros. Such as EquityStory AG, ARIVA.DE AG currently grows by
some 40 per cent annually. The purchase price is financed by means of
liquid funds of the EquityStory group.
Matthias Vogelsang-Weber, CEO of ARIVA.DE AG, says: 'We have been friends
with EquityStory AG for many years and are happy to still intensify our
cooperation in the future. Together, we will be able to implement even
larger projects in order to maintain our company’s growth pace.'
Furthermore, in the course of their intensified partnership EquityStory AG
will take over the support of some 20 established investor relations
customers of ARIVA.DE AG in the prices & charts product field. Thus, the
number of attended price and chart clients increases to over 70.
About the EquityStory group of companies:
The EquityStory AG is the market leader for online investor relations in
the German-speaking region, and renders extensive business services in the
areas comprising reporting requirements, finance portals, audio and video
broadcasts of investor events, online financial reports as well as
outsourced websites for over 1,150 listed enterprises at home and abroad.
The sphere of reporting requirements is bundled in the subsidiary Deutsche
Gesellschaft für Ad-hoc-Publizität mbH (DGAP). The DGAP is an institution
for the fulfilment of regulatory publicity for listed companies, and has
been the market leader since the formation in 1996. The services encompass
ad-hoc notifications, ERS, directors’ dealings, WpÜG [Securities
Acquisition and Takeover Act], the new notification obligations in
accordance with the Transparency Directive Implementing Law as well as the
dispatch of corporate news and press reports. The corporate group employs
financial analysts, communications experts and software engineers, and thus
has the three core competencies for online investor relations. The
EquityStory concern currently has a staff of 42 and realised a turnover in
the amount of 4.8 million Euros in 2006.
Contact:
EquityStory AG
Robert Wirth
Tel +49(0)89 210298-34
Fax +49(0)89 210298-49
Email robert.wirth@equitystory.de
Seitzstraße 23
80538 München
www.equitystory.de
22.08.2007 Financial News transmitted by DGAP
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Language: English
Issuer: EquityStory AG
Seitzstraße 23
80538 München
Deutschland
Phone: +49(0)89 210298-0
Fax: +49(0)89 210298-49
E-mail: info@equitystory.com
Internet: www.equitystory.de
ISIN: DE0005494165
WKN: 549416
Indices:
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard
in Frankfurt
End of News DGAP News-Service
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