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ots Ad hoc-Service: TELES AG <DE0007454902> TELES officially denies More-Decision

Berlin (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
In its latest issue the magazine
"Computer Reseller News" (25/2000) notified as follows: "Majority
participation - TELES AG joins More - TELES AG will invest in the
distributor More and ....".
Since not contradicted misinformation of similar kind damaged the
TELES-shares last year, the company sees the necessity to make a
correction and states that this information of "Computer Reseller
News" is false.
Furthermore, TELES clarifies that it permanently conducts -
possibly course-relevant - participation and/or take-over talks with
interesting companies. However the policy of the house is, in all
such cases, to establish a "non disclosure agreement" with these
companies concerning such discussions till the point in time, when
issuing an "Ad Hoc Message" is prescribed by German law. Accordingly,
all claims of facts published before this point in time are false
information. Rumours concerning such talks will in principle not be
commented on openly by TELES.
Prof- Dr.-Ing, Sigram Schindler CEO of Teles AG
End of message
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Original-Content von: Teles AG, übermittelt durch news aktuell

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