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JoWooD Productions Software AG

euro adhoc: JoWooD Productions Software AG
Board of Directors (Appointments and Changes)
JoWooD Productions Software AG: All motions at shareholders’ assembly approved by unanimous decision JoWooD presents Strategy for the next years (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
JoWooD Productions Software AG’s shareholders approved all motions
presented at today’s annual general assembly by unanimous vote.
The annual results are discussed and carried forward on new account.
The shareholders’ assembly approves the following personnel changes
to JoWooD’s advisory board. Mag. Josef Nothdurfter and Mr. Gerhard
Auer retire from the advisory board. They are succeeded by Dr.
Michael Drexel and Mag. Karl-Heinz Bohl. Dr. Drexel’s nomination
reflects in particular the significant increase of JoWooD’s free
float as a result of 2003’s capital increases.
Mag. Bohl currently holds the position of COO of the operator of
Salzburg Airport. Dr. Drexel leads his own law-firm in Graz.
JoWooD presents strategy
JoWooD’s current positioning within the interactive entertainment
industry was discussed in the light of major market trends. The
resulting strategic consequences were analyzed.
JoWooD increased its already considerable share of the German
interactive entertainment market. With 4,22 % of the market for PC
entertainment software, JoWooD ranks fifth place (2002 sixth place).
However JoWooD’s share of the global market for PC entertainment
software is only approx. 0,8%. In addition, JoWooD, has had almost no
presence within the Console sector. Thus, JoWooD’s share of the
overall global market for electronic entertainment is only in the
range of a tenth of a percent. 
However, the reasons for JoWooD’s weak international market position
have nothing to do with the quality of JoWooD’s product line-up.
JoWooD titles received multiple international awards from the special
interest gaming press and performed successful within the company’s
core regions.
Strategic partnership for market development
The management board believes that a strategic alliance with a
partner from the US will set the necessary foundation for selective
growth at healthy profit margins. The management board presents the
structure of this partnership which will be accompanied by a capital
transaction and co-publishing activities. JoWooD will also intensify
its own international marketing efforts. This transaction will be
prepared within the second quarter of 2004. An extraordinary
shareholders’ assembly is therefore likely to be scheduled within
this quarter. In order not to affect ongoing negotiations, no name
was presented. More detailed statements should be released during the
coming weeks.
JoWooD expects a substantial increase of its market share in the US,
the world’s largest single market for electronic entertainment.
end of announcement        euro adhoc 22.04.2004

Further inquiry note:

JoWooD Productions Software AG
Dr. Michael Pistauer, Vorstand.
Karin Kraberger, Investor Relations
Tel.: +43 (0)3614 2966 1015
mailo:investor@jowood.com
http://www.jowood.com

Branche: Software
ISIN: AT0000747357
WKN: 074735
Index: ATX Prime, ViDX, WBI
Börsen: Wiener Börse AG / official dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade

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