CCR Logistics Systems AG

ots Ad hoc-Service: CCR Logistics Systems CCR undertakes an expansion tour abroad
1 CCR Logistics Systems AG establishes branch office in Great Britain

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Munich (ots Ad hoc-Service) - Voluntary report analogous to Section 15 of the German Securities ACT (WpHG) - British top logistics company as partner - 120 % sales increases expected for 2000 - Board of management expects more co-operations for this year The CCR Logistics Systems AG is further heading for Europe. The Munich franchiser for high-quality logistic solutions in the area of waste management has just founded CCR UK Ltd.. In doing so, CCR has placed yet another milestone on its international expansion tour, only a few weeks after signing a letter of intent with the Finnish Tanacorp. CCR UK Ltd. (Leamington Spa) has been founded in co-operation with the British logistics company Leaseway. CCR AG holds 51 percent of the new joint venture company, Leaseway 49 percent. Leaseway, with an annual turnover of around 50 million DM, over 300 employees and around 2000 vehicles, is one of the leading leasing companies for all types of vehicles in Great Britain. "In Leaseway we have gained a partner who's know-how in the area of logistics services is excellent as well as their contacts in the British automobile market", explains Achim Winter, chairman of the board of the CCR AG. "Leaseway has exactly the network we need in order to implement our complete franchise concept quickly in Great Britain and Ireland. Irrespective of the development of a closely knit franchise system, by means of our partner we are able to settle orders immediately on the operative level." The objective, with CCR UK as a bridgehead, is to bind approximately 25 franchise partners to the CCR system. Concept, idea, legal and economic know-how will be made available by the head office in Munich. With the development of new business fields like logistic solutions in the area of Facility Management as well as the massive development of international activities - CCR Hispania has already got off to a good start in 1999 - CCR wants to achieve a turnover and profit in 2000 which lies way over the average growth for the business sector. The turnover in the current financial year is set to climb by around 120 percent to around 50 million DM. The profit should, after an exceptional loss in 1999 - due to the expenditure required for the stock market introduction -, climb to around 3,5 million DM in the year 2000. For the current financial year Winter is expecting further co-operation contract with at least one logistic partner in Western Europe. CCR Logistics Systems AG Rosenheimer Str. 139, D-81671 München Tel.:+49 (0)89 49 0049 00 Fax: +49 (0)89 49 0049 83 Email; End of Message ----------------------------------------------------- Internet: Original-Content von: CCR Logistics Systems AG, übermittelt durch news aktuell

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