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ots Ad hoc-Service: DataDesign AG <DE0005527105 DataDesign AG Places 36% of Shares with Long-term Investors:

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
DataDesign AG, Munich has effected
significant changes to the holding of its major shareholders, thus
establishing a forward-looking shareholder structure. Roughly 36% of
the shares to date held by the family of former CEO and enterprise
founder Stefan Pfender were taken over by Gontard & MetallBank AG,
Frankfurt am Main and subsequently sold to long-term investors. The
executive board and supervisory board of DataDesign expect that this
change in share ownership will clarify the structure of long-term
holdings in the company.
The shares taken over by the Gontard & MetallBank were sold in
part to the existing major shareholders plenum AG, Wiesbaden, and
Gold-Zack AG, Mettmann, as well as to venture capital companies. The
executive board of DataDesign AG has also upped its share count.
Upon completion of the transactions, plenum AG now holds
approximately 10% of the company's stock, some 9% are the property of
Gold-Zack AG. The executive board of DataDesign AG, CEO Roy von der
Locht and executive officer Michael Reithinger, now hold 11% of
shares. Gontard & MetallBank AG placed the remaining shares with
venture capitalist interested in a long-term investments. The some 4%
of stock remaining in the possession of Stefan Pfender are subject to
a prohibition on disposal with a term lasting until the end of the
year 2000.
The decision of plenum to increase its shareholdings in DataDesign
AG is indicative of the strong alliance between the two enterprises,
a relationship that has grown even closer over the last months.
Underscoring the spirit of this cooperation, the company is intending
to grant plenum a voice in the supervisory board. The executive board
of DataDesign AG will propose to the general meeting to vote on the
appointment of the spokesman of the plenum management board, Hartmut
Skubch, to the supervisory board of the company. If confirmed in
office, he will replace Robert Käß, who will be retiring from the
supervisory body.
With the two companies' interfacing both in terms of capital and
at an organizational level, they have underlined their shared
objectives, particularly the great potential for collaboration within
the plenum Companion Network. The goal here is to step up the
positive trend that is currently unfolding by reinforcing marketing
activities, driving the joint internationalization campaign, and
persistently exploiting the synergy of the two companies. The focus
of the alliance is on WAP technology, Internet solutions for
financial service providers and Internet e-government solutions.

Contact:

DataDesign AG Christian Rademann Manager Public Relations
Fürstenrieder Straße 267 D-81377 München Telephone: +49 (89) 7 41 19
312 Fax: +49 (89) 7 41 19 599 E-mail:ChristianR@datadesign.de

http://www.datadesign.de

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