tecis Finanzdienstleistungen AG

ots Ad hoc-Service: tecis Holding AG tecis produces Internet-B2B Portal for financial services

The sender is solely responsible for the contents of this announcement. ---------------------------------------------------------------------     Hamburg (ots Ad hoc-Service) - tecis produces Internet-B2B Portal for financial services

- tecis Internet-Business Portal for financial services - platform for financial services goes online in 1st April - B2B for sales partners, brokers and administrators - foundation of an own eBusiness company - cooperation with d.d.synergy

    The tecis Holding AG, the second quoted independent financial service provider, has entered into a cooperation with IT service provider d.d.synergy AG. Together, tecis und d.d.synergy will build up a tecis Business Portal in Germany free of banks and insurance companies for sales partners, brokers and administrators, d.d.synergy has had a business organization in the financial services sector for several years. The company, which has 350 employees throughout the world, concentrates principally on North America, South East Asia and Europe.

    In order to develop the electronic financial marketplace efficiently, tecis will bunch all IT services in its own eBusiness company. It should enable the independent sales partners of tecis financial services AG as well as the brokers of tecis Broker Service to use so-called 'mBusiness' ('mobile business': mobile phones, Personal Digital Assistant etc.). In future, tecis sales partners will be able to carry out funds analyses online at the customer's location. At the start, 275 investment funds from ten investment companies will be orderable online. From the end of April funds from over 40 investment companies, which the customer has taken from these companies through tecis, will be updated daily on an electronic depot statement.

    The first stage of the new marketplace for financial services is due to go online on 1st April. Among other things, the marketplace will contain the latest analysis software for funds.

    "This is only the first step by tecis in the direction of eFinance", says Christian Steinberg, Chairman of the financial service provider, which went public in December 1998. "We will expand the number of investment companies on a quarterly basis. Insurance products will also be brought into the tecis Business Portal simultaneously. In future, the Portal will also be offered to other interested Pools who can put their own insurance cover concepts in there." Steinberg expects that within 18 months 80% of the tecis Broker Service turnover will be handled through the tecis Business Portal.

    "In addition, with the start of the Internet solution the whole tecis business platform will be made ready for the web", expects Faiko Knabe, Unit Manager Internet/Groupeware at d.d.synergy. This way tecis will create a substantial potential for lowering costs within the next three to five years.

    Initial information about the technical model will be given by Faiko Knabe, d.d.synergy, from Thursday, 24th February 2000 onwards at the CeBit (Hall 6, Stand CIS at Intershop).

    The tecis board of directors will report on the business plan, volume of investments and sales expectations of the tecis eBusiness company on the occasion of the balance sheet press conference and the DVFA event on 30th March 2000.

Questions: Dr. Jürgen Gaulke Tel. 0177/679 30 60 Fax 040/3603 036 592 Email GaulkeJ@aol.com

tecis Holding Aktiengesellschaft Presse- und Öffentlichkeitsarbeit Bettina Riecke Tel. (040) 69 69 51 - 285 Fax  (040) 69 69 51 - 278

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