CeoTronics AG

ots Ad hoc-Service: CeoTronics AG Stratetic Alliance with Knowles

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    Rödermark (ots Ad hoc-Service) -      

    Stratetic Alliance with Knowles/EMKAY CeoTronics is entering into the Telephone and PC Market with Special Headsets CeoTronics AG (WKN 540 740), which is listed on Frankfurt's "Neuer Markt", expand its product line. With Knowles, Inc. - an American / British manufacturer and world leader for acoustic hearing aid components - was signed a distribution agreement. CeoTronics will distribute the new developed equipment "EMKAY" for telephone and PC - in some areas exclusively - over the CeoTronics marketing organization.

    As one of the world-largest manufacturer for hearing aids and subminiature microphones, Knowles is using their years of good business relationship to CeoTronics to implement their partly new orientation as system supplier in the market for "hands free" telephone and PC applications.

    In this industry CeoTronics finds mainly 2 established suppliers (Plantronics, USA and GN Netcom, Denmark), who have together a worldwide marketshare about 90 per cent. The net sales in 1999 in Europe amounted to over 100 million Euros with still two-digit growth-rates.

    After a careful market research, CeoTronics see a great opportunity for establishing itself with high audio quality and favourable prices as third supplier in this fast growing market.

    CeoTronics is known for their partly unique products and systems for audio, video and data communication under extreme working conditions (e.g. airports, oil-rigs, fire brigades, polices and any kind of noise industries). With entering into the telephone and PC market, CeoTronics gives up its abstinence for the mass market. The new product line will be an own profit center leaded by the well-known marketing specialist Dieter Hartmann, who will change from EMKAY to CeoTronics by 1 January 2001.

    further information: CeoTronics AG Audio Video Data Communication Investor Relations Adam-Opel-Str. 6 D-63322 Rödermark Tel: +49-(0)6074-8751-724 Fax: +49-(0)6074-8751-725 E-mail: Internet:

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