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IVU Traffic Technologies AG

euro adhoc: IVU Traffic Technologies AG
Restructuring & Recapitalisations / IVU’s Equity Increases by EUR3.4 Million

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
14.07.2005
IVU Traffic Technologies AG
Ad hoc Release
Berlin, July 14, 2005
IVU’s Equity Increases by EUR3.4 Million
üstra Signs Capital Increase
IVU Restructures Loans
IVU Traffic Technologies AG increases equity capital and reorganizes
bank loans. The equity increase is realized with üstra AG, Hanover,
purchasing 1.5 million newly created shares at a price of EUR1 per
share with rights issue excluded. üstra’s IVU share now amounts to
11%.
DZ Bank accepts a EUR1.9 million debt write-off. In return the debt
at DZ Bank is fully amortised. Deutsche Bank and Deutsche Kreditbank
award a new loan package totalling EUR3.835 million.
The measures rise IVU’s equity by EUR3.4 million - directly by EUR1.5
million, and indirectly by EUR1.9 million extraordinary earnings as a
result of the write-off. The risk that the company’s equity would be
fully lost in the third quarter of 2005 is thereby averted.
IVU’s debt relief of EUR3.4 million leads to lower payments of
interest and an increase in liquidity by EUR200,000 per year. IVU’s
creditworthiness improves significantly - a positive signal to all
IVU’s customers.
Contact:
Thomas Vogt
Head of Corporate Communications
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin
Telefon +49.30.85906-800
Telefax +49.30.85906-111
E-Mail:  thomas.vogt@ivu.de
Internet: www.ivu.de
end of announcement                               euro adhoc 14.07.2005 21:56:47

Further inquiry note:

Thomas Vogt
Tel.: +49 (0)30 859 06 800
E-Mail: tv@ivu.de

Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Börsen: Frankfurter Wertpapierbörse
Berliner Wertpapierbörse
Baden-Württembergische Wertpapierbörse
Börse Düsseldorf
Niedersächsische Börse zu Hannover
Bayerische Börse
Bremer Wertpapierbörse (BWB)

Original-Content von: IVU Traffic Technologies AG, übermittelt durch news aktuell

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