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Lintec Computer AG

euro adhoc: Lintec Information Technologies AG
Mergers - Acquisitions - Takeovers
LINTEC continues refocusing on core business; Bluetooth activities of subsidiary rfi AG sold (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
LINTEC subsidiary rfi AG sold its "ANYCOM" business activities to
ANYCOM Technologies GmbH with immediate effect. The transaction is
structured as an asset deal. The new company will continue rfi’s
business activities in connection with bluetooth and GPRS products
and solutions. Both parties have agreed not to disclose the price of
the transaction.
Rfi mobile technologies AG will concentrate in future, with
significantly reduced personnel numbers and costs and according to
concern strategy, on its own brand business.
As part of a MBO the new company ANYCOM Technologies GmbH has been
financed by Brockhaus Private Equity Fonds, Frankfurt, in conjunction
with co-investor and managing director Arnold August. Mr August was a
co-founder of the former rfi parent company ADA-Das Systemhaus and,
after the takeover of rfi by LINTEC, a member of the advisory board
of rfi and later a consultant. The new company acquires all staff,
certain assets and liabilities associated with the bluetooth
activities. The transaction will result in a further reduction of
LINTEC’s concern liabilities and an improvement of operating results
in the concern.
Rfi’s business activities were, despite significant investments in
this area, increasingly loss generating. The disposal is therefore a
consequence of the comprehensive restructuring process at LINTEC
Information Technologies AG, which is aimed at refocusing on margin
generating activities and the disposal of loss making areas.
For more details, contact:
LINTEC Information Technologies AG, Dep’t MarCom • Tel: +49 (0)34298
71607 • Fax: +49 (0)34298 71372 • Email:  aktie@lintec.de • Web:
www.lintec.de
end of announcement        euro adhoc 15.10.2003

Further inquiry note:

Dirk Heynig
Tel. 034298/71510
E-Mail: dirk.heynig@lintec.de

Branche: Computing & Information Technology
ISIN: DE0006486004
WKN: 648600
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

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Plus de actualités: Lintec Computer AG