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FORIS AG

ots Ad hoc-Service: FORIS AG <DE0005775803>

Berlin, Bonn, Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
FORIS is becoming more and more attractive for plaintiffs and
their lawyers. FORIS is aiming at further, faster growth by way of a
new percentage share. FORIS AG, the market leader in financing legal
proceedings in Germany, is introducing a new percentage system for
its contingent share. FORIS is moreover introducing the "FORIS Extra
Fee" for lawyers.
While the contingent share to date has been 50% of litigation
proceeds, effective immediately FORIS is financing lawsuits worth
over DM 100,000 for a share of 30%. At litigation proceeds of over DM
1 million, FORIS will now only take a 20% share. Litigation financing
thus becomes more and more attractive for plaintiffs.
Right from the start, FORIS entered the market with the
predication that in five years nobody will conduct litigation worth
over DM 100,000 at their own cost risk. After just two financial
years, with over 1,600 inquiries, the corresponding know-how and a
team of qualified in-house attorneys, FORIS feels itself
well-equipped to meet this prediction today.
FORIS is convinced that with this clearly more attractive offer
for plaintiffs, it will capture substantially more and better cases
for financing. The lower percentage share coupled with more promising
cases will thus have a positive effect on FORIS's overall results.
With a larger volume of business and faster growth, FORIS AG will
increase its market lead in the know-how of litigation financing.
At the same time, plaintiffs will be able to reward their lawyers
with an extra 10/10 FORIS fee. FORIS will thereby compensate lawyers
for their added correspondence expenses.
For additional information: FORIS AG, Matterhornstr. 44, 14129
Berlin, phone: (+49 30) 8048-640. fax: (+49 30) 8048-6424, e-mail: 
FORIS-Berlin@foris-ag.de, Internet: www.foris-ag.de.
End
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