AvW Invest AG

euro adhoc: AvW Invest AG
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AvW acquires 9.5 per cent interest in German IT company

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24.04.2007

The Austrian finance group AvW INVEST AG further increases its investment portfolio and acquires a 9.5 per cent interest in the German IT company nextevolution. nextevolution AG (N5EG.DE) develops concepts and practical solutions in the areas of Enterprise Content Management, Enterprise Resource Management and Business Intelligence in cooperation with leading software providers. The customer base, which spans across Europe, includes companies from major industry groups, as well as the commercial, financial services, telecommunications, real estate and public sectors. The company is headquartered in Hamburg and currently prepares for admission to the Prime Standard. "We will also assume a position in nextevolution’s Supervisory Board", says Wolfgang Auer von Welsbach, Chairman of the AvW Management Board.

Expansion of IT portfolio In addition to the financial sector, the IT segment is a major focus of AvW’s investments. The newly acquired interest in nextevolution represents the third investment in a German IT company. AvW’s other investments in this sector consist of a share of around 10 per cent in Realtech (RTCG.DE) and around 17 per cent in Cancom (COKG.DE). In Austria, AvW holds approximately 22 per cent in S&T (SNTS.VI). "We intend to further expand these positions. For the IT sector, we are expecting above-average growth rates in the coming years. The consolidation process is progressing, which offers potential for future takeovers," says Wolfgang Auer von Welsbach.

About AvW INVEST AG The Austrian company, which is domiciled in Krumpendorf at Lake Wörthersee, specialises in the fields of financial services, equity investments and real estate. AvW’s shares are listed on the Vienna Stock Exchange on the ATX Prime Market (ISIN number: AT0000930409, Reuters: AVWI.VI, XETRA Vienna: AWS). More information about AvW is available on the Internet at www.avw.eu.

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ots Originaltext: AvW Invest AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
AvW INVEST AG
Nicole Kahn
Investor Relations
Tel.: 04229/3621-25
mailto:n.kahn@avw.eu

Branche: Financial & Business Services
ISIN:      AT0000930409
WKN:        892661
Index:    Prime.market
Börsen:  Frankfurter Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Wiener Börse AG / official dealing



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