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PANDATEL AG i.A.

euro adhoc: PANDATEL AG
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Ad hoc Disclosure pursuant to Art. 15 WpHG Hanover, February 14, 2008 Asset Deal Closed

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
14.02.2008
Hanover, February 14, 2008. Pandatel AG (ISIN DE0006916307 - General 
Standard, Frankfurt Stock Exchange). Pandatel AG has closed an asset 
sale agreement with Arcutronix GmbH, Hanover, which supervisory board
approved on 13 February  2008. Arcutronix GmbH is financed by 
Keytronix, Austria. The Agreement was  reached after tough 
negotiations and according to the agreement, Arcutronix  will pay EUR
250,000.00 to purchase Pandatel's MACS4000, System 2100 and  certain 
other stand-alone connectivity and last mile product rights  together
with remaining materials and production equipment. Via the purchase, 
Arcutronix assumes all customer and supplier obligations associated 
with purchased product rights.
The sold product rights comprise the majority of products and related
obligations, which generated loss for Pandatel. However, they 
represent a fraction only of Pandatel's total assets. The remaining 
unsold product rights such as YUMIX, SMUX, CMUX, and COP were not 
part of the deal due to long term customer obligations.
end of announcement                               euro adhoc

Further inquiry note:

Raik Packeiser
insignis GmbH
+49(0)511-33 65 15 30

Branche: Telecommunications Equipment
ISIN: DE0006916307
WKN: 691630
Index: Prime 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
Börse München / free trade

Plus de actualités: PANDATEL AG i.A.
Plus de actualités: PANDATEL AG i.A.