euro adhoc: Lycos Europe N.V.
Mergers - Acquisitions - Takeovers
LYCOS
Europe N.V. signed a cooperation framework agreement with freenet
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
28.09.2007
Haarlem / Netherlands, September 28, 2007 - LYCOS Europe N.V. ("LYCOS"), one of the leading European portal providers and online advertisers, today signed through its subsidiary LYCOS Europe GmbH an agreement with freenet AG about advertising services for a one-year period, mainly for broadband customer acquisition, and an agreement about licensing the white-label solution LYCOS iQ for the freenet portal. This cooperation includes additionally the transfer of all LYCOS ADSL customer relationships in Germany to freenet.
The total consideration to be received for the aforementioned agreements amounts to about EUR 1.9 million.
About Lycos Europe
Lycos Europe (ISIN NL0000233195) is one of the leading European portal providers and online advertisers operating a network of websites in seven languages in Europe and the USA. The company's combination of search, communication services, online communities, content channels, Internet access, shopping, homepage building and domain names registration addresses a wide range of target groups.
end of announcement euro adhoc 28.09.2007 22:57:02
Further inquiry note:
LYCOS Europe LYCOS Europe
Investor Relations Public Relations
Sascha Wittler Janine Griffel
T: +49-(0)5241-80-71134 T: +49-(0)5241-80-71055
F: +49-(0)5241-80-671134 F: +49-(0)5241-80-671055
E: sascha.wittler@lycos-europe.com E: janine.griffel@lycos-europe.com
Branche: Software
ISIN: NL0000233195
WKN: 932728
Index: Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Euronext - Paris / free trade
Börse München / free trade