Corporate | 18 September 2008 09:59
NEW VALUE AG / Miscellaneous
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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FotoDesk's label flauntR.com consolidates Online Photo Services: Users can
edit and print photos from popular social networks and storage services in
a single click
New Value's portfolio company FotoDesk Group AG launches social network
printing
FotoDesk Group AG (www.fotodesk.com), a portfolio company of New Value AG
(SWX:NEWN), rolled out social network integration and printing for its free
online photo editor flauntR (www.flauntr.com). With this unique
positioning, FotoDesk has become the industry’s first company to vertically
integrate photo services ranging from the camera to printing, thereby
creating a single, online interface for photo services.
flauntR's integration of printing and social networks bridges the gap
between various online photo repositories and printing. Users can now sign
in to social networks and storage services to edit and print photos without
leaving the flauntR photo suite. flauntR’s transparent printing already
supports popular social networks and photo storage services, such as
Facebook, Picasa, Flickr, MySpace, orkut, hi5, Windows Live Spaces,
WordPress, and Bebo.
New approach: from image processing to print - all online
flauntR’s unique interface is the synergy of FotoDesk’s experiences in
photo services through Colormailer and FastLab, the two brands owned by its
subsidiary ColorPlaza. These two brands have operations in 11 countries and
are well-known for photo-printing in Europe since 1999. With the new
integrations in place, FotoDesk now provides image processing, sharing,
archiving, and printing as a single, seamless service through flauntR.
Users can edit and print photos as fine art, posters, canvas, and greeting
cards in six different paper types. This relieves the user from having to
manage multiple identities and platforms for various photo-related tasks.
Additional growth potentials by addressing social network users
FotoDesk Chief Executive Officer Balaji Bal comments, 'With the
introduction of printing and integration with social networks, FotoDesk can
fully harness the power of vertical integration and social media to enhance
value for users as well as investors. This combination unleashes the true
potential of FotoDesk’s single-interface model without compromising user
experience.'
Providing online photo services to flauntR-users is one of the major steps
in the post merger integration of flauntR into FotoDesk. It enables
FotoDesk to address a new customer segment with it's printing services.
About FotoDesk
FotoDesk Group AG is based in Zug, Switzerland. FotoDesk is rolling out a
unique online imaging service that combines photo editing, printing,
sharing and storage in a single seamless service. FotoDesk addresses the
market through its consumer brands flauntR, ColorMailer, and FastLab. The
company provides services across Europe through websites in nine languages.
flauntR began its service in September 2007, and was acquired by
Switzerland-based FotoDesk in June 2008. A week later, FotoDesk acquired
ColorPlaza, a pioneer in online photo finishing operating through its
brands, Colormailer and FastLab. The group also plans to extend its
services to the US and India later this year and next year.
Information about New Value AG
New Value, listed at the SWX Swiss Exchange, invests directly in
promising private companies in Switzerland and neighbouring German-speaking
countries with above-average market and growth potential. As an investment
company, New Value promotes innovative business models with venture capital
and accompanies those to market success. The portfolio covers companies of
different stages of development, starting with the market introduction
phase up to medium-sized enterprises with stable profits. A broad
investment approach is deliberately followed regarding industry sectors.
The portfolio contains companies active in renewable energy, medical
technology, health, information technology and new materials. New Value
assigns great value to ethical business concepts and good corporate
governance while selecting their portfolio companies. Criteria such as
meaningfulness, social responsibility and ecological sustainability are
considered by New Value as decisive competitive advantages, which affect
and enhance the quality of products and services offered and thus,
facilitate an above average increase of value potential. Since the
formation of New Value, EPS Value Plus AG, Zurich, has served as investment
manager.
Contacts: Rolf Wägli and Peter Letter
18.09.2008 Financial News transmitted by DGAP
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Language: English
Issuer: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: info@newvalue.ch
Internet: www.newvalue.ch
ISIN: CH0010819867
WKN: 552932
Listed: Freiverkehr in Berlin, Stuttgart, München, Düsseldorf; Open
Market in Frankfurt; Foreign Exchange(s) SWX
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