Ad-hoc | 19 August 2004 10:20
QSC enters new line of business and wins AOL as its first customer
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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QSC enters new line of business and wins AOL as its first customer
Cologne, August 19, 2004. Cologne-based QSC AG is broadening its activities to
include network services for carriers and has won AOL in Germany as its first
customer in this new line of business. Beginning in October 2004, AOL will be
using this nationwide telecommunication provider’s network to link broadband
customers to its own infrastructure.
QSC’s entry into carrier-to-carrier business will necessitate building a
platform for this purpose during the current fiscal year. These investments
will also enable further Internet service providers and carriers to be served,
who are expected to make a significant contribution to the company’s revenues
beginning in 2005.
Queries to:
QSC AG
Arne Thull
Investor Relations
Fon: +49(0)221-6698-112
Fax: +49(0)221-6698-009
E-Mail: invest@qsc.de
end of ad-hoc-announcement (c)DGAP 19.08.2004
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Notes :
This adhoc release contains forward-looking statements pursuant to the
US “Private Securities Litigation Act” of 1995. These forward-looking
statements are based on current expectations and forecasts of future events by
the management of QSC AG. Due to risks or mistaken assumptions, actual results
may deviate substantially from those made in such forward-looking statements.
The assumptions that may involve material deviations due to unforeseeable
developments include, but are not limited to, the demand for our products and
services, the competitive situation, the development, dissemination and
technical performance of DSL technology and its prices, the development and
dissemination of alternative broadband technologies and their respective
prices, changes in respect of telecommunications regulation, legislation and
adjudication, prices and timely availability of essential third-party services
and products, the timely development of additional marketable value-added
services, the ability to maintain and enlarge upon marketing and distribution
agreements and to conclude new marketing and distribution agreements, the
ability to obtain additional financing in the event that management’s planning
targets are not attained, the punctual and full payment of outstanding debts
by sales partners and resellers of QSC AG, and the availability of sufficient
skilled personnel.
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WKN: 513700; ISIN: DE0005137004; Index: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hannover, München und Stuttgart
191020 Aug 04