CCR Logistics Systems AG

ots Ad hoc-Service: CCR Logistics Systems CCR Logistics Systems Signs Multimillion Mark Contract with Telekom Subsidiary

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- München (ots Ad hoc-Service) - - Basic agreement signed with De Te Immobilien - CCR offers comprehensive disposal solutions for household waste - Order volume amounts to over three million marks CCR Logistics Systems AG, a listed company (WKN 762 720), and the Telekom subsidiary DeTe Immobilien today signed a basic agreement covering the disposal of a comprehensive assortment of waste generated at the facilities managed by the Hannover-based subsidiary. The service offering of CCR Logistics Systems comprises consulting services for optimal sorting and storage of waste products; the company also provides special containers and logistical waste disposal services. The contract has a term of one year and covers services to the amount DM 3 to 4 million. Striving to develop new lines of business such as logistical solutions for facility management as well as expanding its international activities - CCR UK was launched at the start of the year - CCR Logistics Systems AG is expecting revenue and profit growth well above the industry average during the fiscal year 2000. Sales revenue is anticipated to increase by some 120 percent to more than DM 50 million, while profit - due to extraordinary losses incurred in 1999 in connection with IPO-related expenses - is expected to increase to more than DM 3.5 million. End ----------------------------------------------------- Internet: Original-Content von: CCR Logistics Systems AG, übermittelt durch news aktuell

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