Ad-hoc | 7 March 2002 07:54

Telegate AG english

At the end of 2001 telegate AG has an optimistic outlook into the future Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– The company realized the turn around. Munich, March 7, 2002, Last year, the Munich-based telegate AG has increased its turnover: After 130.1 million Euro in the business year 2000, the company realised a turnover of 135 million Euro in 2001. This means a plus of 3.8 per cent. The number of operated calls climbed 11.8 per cent from 134.3 million to 150.1 million. The company was able to improve its earnings before interest, taxes and depreciation (EBITDA) from quarter to quarter: Q1 2001: – 6.6 million Euro, Q2 2001: – 5,9 million Euro, Q3 2001: – 2,7 million Euro. Without the one- time-payment to BMW, the EBITDA of the fourth quarter 2001 turned even positive to 0.1 million Euro. The EBITDA for the entire business year 2001 adds up to minus 18.7 million Euro. Minus the results of the companys operations which will not be continued within the telegate-group, the EBITDA amounts to minus 11.8 million Euro. Besides the optimisation of call centre capacities, telegate stopped its Internet activities including travelgate and sold its subsidiary PhoneCom. end of ad-hoc-announcement (c)DGAP 07.03.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: For this business year, telegate targets a substantial improvement of its earnings. The profitable development of the German and Italian business will be top priority. The company will continue to push the development of its directory enquiry services business and intends to close this year with a noticeable positive result. In addition to the optimisation of the service quality, one main focus will be the regulatory fight for the reduction of datacosts. On March 11, 2002, the telegate-Board of Management will be extended by one member: Dr. Paolo Gonano, 41, in charge of the Directory assistance business unit of SEAT Group, will be also responsible for international activities of telegate. For the German core business 11880 a further member of the telegate- Board will be appointed on May 1, 2002. As planned, the contracts of the Board members Dirk Roesing and Peter Wünsch run out by the end of this year. The contract of founder, Spokesman of the Board and acting CEO Dr. Klaus Harisch has been prolonged. He will pass the role of the telegate-CEO to one of the other Board Members on January 1,2003. Press Information: telegate AG Anja Meyer Fraunhofer Str. 12a 82152 München-Martinsried Tel.: 089/ 8954-1188 Fax: 089/ 8954-1189 e-mail: anja.meyer@telegate.com Financial Information: telegate AG Marc Langner Fraunhofer Str. 12a 82152 München-Martinsried Tel.: 089/ 8954-1120 Fax: 089/ 8954-1110 e-mail: marc.langner@telegate.com ——————————————————————————– WKN: 511880; ISIN: DE0005118806; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 070754 Mär 02