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ots Ad hoc-Service: Telegate AG telegate AG presents its nine-month figures for 2000: Group revenues up 68 percent to almost DM 193 million

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    Munich (ots Ad hoc-Service) -telegate AG presents its nine-month figures for 2000: Group revenues up 68 percent to almost DM 193 million

    telegate AG, Munich, was once again able to increase its revenues: in the first nine months of the 2000 business year revenues rose by 68 percent to DM 192.6 million. In the same period of 1999, group revenues amounted to DM 114.7 million. At 96.6 million, the number of calls received by the end of September 2000 was already higher than for the whole of last year (total in 1999: 92.5 million; January - September 1999: 66 million). The large investments currently being made in foreign markets and in the establishment of the 11880.com internet service portal resulted in a net loss of DM 9.8 million for the first nine months of 2000. The result before interest, tax and depreciation (EBITDA) remained positive at DM 0.1 million.     Telephone information services - telegate's core area of business - once again accounted for the bulk of total revenues (86 percent) in the first nine months of 2000. Compared to the same period of last year, revenues from these services rose from DM 105.7 million to 166.3 million. In the international segment, telegate was able generate revenues of DM 7.3 million between January and September 2000. The Munich-based information-service provider has a good position in the international market: the first outsourcing contract has been concluded in Italy while the build up of call centers number four and five in the USA will be completed in the next weeks.

    Financial information: Press information:

    telegate AG Hoschke & Consorten Wolfgang Brand Anja Meyer Fraunhofer Str. 20 Deichstrasse 29 D-82152 Munich-Martinsried D-20459 Hamburg Tel.: +49 89 8954-1120 Tel.: +49 40 360916-40 Fax: +49 89 8954-1111 Fax: +49 40 361144 E-mail: wb@telegate.de E-mail: a.meyer@hoschke.de

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