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MatchNet plc

euro adhoc: MatchNet plc
Mergers - Acquisitions - Takeovers / MatchNet plc signs agreement to purchase leading competitor (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Los Angeles, December 1st, 2003 - MatchNet plc (MHJG: Prime Standard
Frankfurt), one of the largest providers of online personals, today
announced that it had signed agreements with Point Match Ltd. (Tel
Aviv, Israel) to purchase certain assets, including Cupidon®.co.il,
the leading internet personals services in Israel, and JCupid®.com,
which is a competitor of MatchNet’s JDate®.com.
This deal cements MatchNet’s leadership position in the Jewish online
personals market and is an important step to spread MatchNet’s
success in the Jewish community with JDate® and expand it outside the
English speaking world. Jdate®.com is unique in the online personals
industry in its market penetration in the US and has provided
MatchNet with a solid foundation to enable the growth of
AmercianSingles®.com into one of the world’s largest personals sites.
About MatchNet® plc 
MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard) is one
of the largest providers of online dating services worldwide. The
MatchNet network includes AmericanSingles®.com, FaceLink®.com,
MatchNet.de, MatchNet.co.uk, and MatchNet.com.au. In addition, the
Company operates JDate®.com & JDate.co.il, the dominant Jewish dating
services worldwide and Glimpse®.com, a leading online dating service
for relationship-minded gay men and women. MatchNet's network of
websites enjoys a combined membership of over 14 million registered
members worldwide. MatchNet earns its revenue from recurring
membership subscription fees and special events. MatchNet plc was
incorporated in England in 1998. More information on the Company is
available at www.MatchNet.com
end of announcement        euro adhoc 01.12.2003

Further inquiry note:

Elmar Bob

Branche: Online
ISIN: US5766601042
WKN: 930129
Index: Classic All Share, Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

Plus de actualités: MatchNet plc
Plus de actualités: MatchNet plc