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ots Ad hoc-Service: DataDesign AG <DE0005527105> DataDesign Announces Strategie Investment in Financial Marketplace

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Munich-based DataDesign AG, the technology leader among providers
of high- security e-banking and e-contracting solutions, has invested
in two newly launched financial marketplaces, acquiring a 6% stake in
4insurance.de Internetforum GmbH and a 16% share in 4privateequity.de
Internetforum GmbH. 4insurance.de offers private users the
opportunity to purchase insurance policies directly over the
Internet. 4privateequity.de brokers investments in shipping, media,
real estate, and venture capital funds.
Commenting on the company's investment, Roy von der Locht. CEO of
DataDesign AG, notes, "The two enterprises operate in one of the most
interesting growth markets. A recent Forit study indicates that the
notion of closing insurance contracts over the Internet today already
appeals to 43% of German online shoppers. For 2004, the study
predicts online contract closures amounting to 26.5 billion DM. This
is 8.5% of the entire insurance market."
DataDesign AG expects its commitment to this line of business to
yield valuable experience that will allow the company to pinpoint the
needs of the market more accurately and tailor its e-contracting
solutions to satisfy them. "Both enterprises will be among the first
providers to offer secure, legally binding and format mismatch-free
contract closure. In our view, e-contracting stands to drive the
widespread acceptance of e- business and thus help it to its
breakthrough. To this end, we provide the requisite technology - our
new, form-based transaction platform NetContracter," adds Roy von der
Locht.

Contact:

DataDesign AG Christian Rademann, Manager Public Relations
Fürstenriederstrasse 267 D-81377 München Telephone: +49 (89) 74119
312 Fax: +49 (89) 74119 599 E-mail: Christian@datadesignag.com
http://www.datadesignag.com

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