Alle Storys
Folgen
Keine Story von Aeco N.V. mehr verpassen.

Aeco N.V.

euro adhoc: Catalis N.V.
Mergers - Acquisitions - Takeovers
Catalis N.V.: Acquisition of IQC Inc., Los Angeles

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
06.10.2005
Eindhoven, October 6, 2005 - Catalis N.V. announces the successful
acquisition of IQC Inc. (IQC stands for "International Quality
Control"), Los Angeles, a former direct competitor in the area of DVD
Home Entertainment. Through the acquisition Catalis gets access to a
broader range of clients and strengthens its position in upcoming
technologies like Blu-Ray and HD-DVD. Furthermore the acquisition
triggers accelerated growth in certain new services (i.e. emulation),
where IQC builds on a stable client base and employs a substantial
number of well qualified staff.
Consideration for 100% of the shares of IQC consists of a cash
payment amounting to euro 1.7 million and 1,000,000 new shares in
Catalis to be issued against contribution in kind. The new shares
will be held by the former owner of IQC, who will join Catalis in a
senior role for at least 4 years.
Following this transaction Catalis confirms its revenue target of
between euro 9 million and euro 11 million and its profit target of
between euro 2.5 million and euro 3.5 million for the fiscal year
2006. Catalis believes that it has achieved a further milestone in
growing profitably, broadening and diversifying its client base and
positioning the company in promising areas.
end of announcement                               euro adhoc 06.10.2005 15:45:41

Further inquiry note:

Sarah McTweed
Catalis N.V. (UK Office)
Eastside Complex
Pinewood Studios
Pinewood Road
Iver, Buckinghamshire
UK
SLO 0NH
Tel Nr.: + 44 (0)1753 783330
Fax Nr.: + 44 (0)1753 783332

Branche: Semiconductors & active components
ISIN: NL0000233625
WKN: 927093
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade

Weitere Storys: Aeco N.V.
Weitere Storys: Aeco N.V.