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11 88 0 Solutions AG

ots Ad hoc-Service: Telegate AG telegate AG now holds 50.7 percent of PhoneCom KommunikationsDienste GmbH

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Munich (ots Ad hoc-Service) - telegate AG now holds 50.7 percent of PhoneCom KommunikationsDienste GmbH: further expansion of market position as service provider With a 50.7 percent holding, telegate AG, Munich, is the majority shareholder in the Munich-based telephone-marketing company PhoneCom KommunikationsDienste GmbH. The directory-services company initially took a 35 percent holding in PhoneCom at the end of March 2000. By taking the majority holding, telegate aims to achieve a closer working relationship with the partner company. Founded in 1995, PhoneCom GmbH is one of the leading suppliers of computer-aided telephone services. In 1999, the company rang achieved revenues of DM 9.2 million with around 300 employees. Revenues of DM 12 million are expected for the current business year. telegate AG and PhoneCom are planning joint call center-projects inside and outside Germany. Financial information: telegate AG Wolfgang Brand Fraunhofer Str. 20 82152 München-Martinsried Tel.: +49 89 8954-1120 Fax: +49 89 8954-1111 E-mail: Press information: Hoschke & Consorten Anja Meyer Deichstrasse 29 20459 Hamburg Tel.: +49 40 360916-40 Fax: +49 40 361144 E-mail: End ----------------------------------------------------- Internet: Original-Content von: 11 88 0 Solutions AG, übermittelt durch news aktuell

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