Corporate | 19 January 2011 11:41

YOC AG: Successful financial year 2010 and great prospects for 2011

YOC AG / Key word(s): Development of Sales/Results Forecast

19.01.2011 / 11:41

YOC: Successful financial year 2010 and great prospects for 2011

Berlin, 19 ^th January 2011 – YOC, Europe’s leading mobile technology and mobile media company, is very pleased with the development of the company in the financial year 2010. The Group achieved its objectives, both in terms of quantity and quality. YOC expects to see accelerated sales growth in the current financial year.

Developments in 2010
In the financial year 2010, the Group attracted the highest number of new customers in company history. In addition to new customer business, YOC also succeeded in extending existing customer relations. As a result, YOC is expected to achieve a turnover of about EUR 30.5 million and to meet revenue forecasts. This means an above average increase in the operating result on a year-to-year basis.

In the fourth quarter of 2010, YOC generated an estimated operating cash flow of about EUR 1.0 million. Dirk Kraus, CEO of the YOC Group, says: ‘We are happy that the measures taken as part of the group-wide working capital programme have resulted in the sustainable strengthening of our liquidity. The consistent continuation of the programme will further encourage this trend in the current financial year 2011.’

The greatest success in terms of quality is the further development of YOC’s in-house developed technology platform and the international launch of the YOC Ad Plus product. YOC’s innovative mobile advertising format revolutionised the mobile advertising market in Europe. Many customers have already started using the YOC Ad Plus Europe-wide, such as Wilkinson, Coca-Cola, Ford, SAP, Continental, Vodafone, and Austrian Airlines.

Prospects for 2011
YOC expects the currently booming business to grow even further in the financial year 2011. This strong demand is driven by external factors, such as general business trends and the increasing relevance of the mobile channel as an advertising and communication tool, and by internal factors such as the continuous development of innovative products. It was only last week that YOC launched the YOC Smart Web App, which is again an innovative product that sets new international standards for mobile internet solutions. Against this background, the company expects to see accelerated sales growth of about 20-25% in the current financial year.

For more information about the company: www.yoc.com

YOC – About the Group
The YOC Group is one of the leading providers of mobile marketing, mobile advertising, mobile internet and affiliate marketing in the world. The YOC Group uses self-developed scalable platforms to implement integrated mobile solutions for customers from all industries. YOC AG operates more than 500 mobile portals in Europe via a protected mobilisation platform. With a portfolio of more than 220 titles, the YOC Group has the largest premium mobile advertising network in Europe. Every day, the centrally controlled AdServer processes more than 100 million requests for mobile advertising tools by means of this premium network and the blind advertising network ubiyoo. In the first three quarters of 2010, YOC’s turnover amounted to EUR 22.7 million. The YOC Group currently has a headcount of about 180. The company operates across Europe and intends to continue to grow internationally.

Contact:
Frau Nina Mecklenburger
Karl-Liebknecht-Straße 1
10178 Berlin
Fon: 030 726162-161
Fax: 030 726162-222
E-Mail: nina.mecklenburger@yoc.com

End of Corporate News

19.01.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:	English
Company:	YOC AG
	Karl-Liebknecht-Str. 1
	10178 Berlin
	Deutschland
Phone:	+49 (0)30-72 61 62 161
Fax:	+49 (0)30-72 61 62 222
E-mail:	nina.mecklenburger@yoc.com
Internet:	www.yoc.com
ISIN:	DE0005932735
WKN:	593273
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

109428  19.01.2011