MatchNet plc

euro adhoc: MatchNet plc
Mergers - Acquisitions - Takeovers / MatchNet plc signs agreement to purchase leading competitor (E)

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Los Angeles, December 1st, 2003 - MatchNet plc (MHJG: Prime Standard Frankfurt), one of the largest providers of online personals, today announced that it had signed agreements with Point Match Ltd. (Tel Aviv, Israel) to purchase certain assets, including Cupidon®.co.il, the leading internet personals services in Israel, and JCupid®.com, which is a competitor of MatchNet’s JDate®.com. This deal cements MatchNet’s leadership position in the Jewish online personals market and is an important step to spread MatchNet’s success in the Jewish community with JDate® and expand it outside the English speaking world. Jdate®.com is unique in the online personals industry in its market penetration in the US and has provided MatchNet with a solid foundation to enable the growth of AmercianSingles®.com into one of the world’s largest personals sites. About MatchNet® plc MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard) is one of the largest providers of online dating services worldwide. The MatchNet network includes AmericanSingles®.com, FaceLink®.com, MatchNet.de, MatchNet.co.uk, and MatchNet.com.au. In addition, the Company operates JDate®.com & JDate.co.il, the dominant Jewish dating services worldwide and Glimpse®.com, a leading online dating service for relationship-minded gay men and women. MatchNet's network of websites enjoys a combined membership of over 14 million registered members worldwide. MatchNet earns its revenue from recurring membership subscription fees and special events. MatchNet plc was incorporated in England in 1998. More information on the Company is available at www.MatchNet.com

end of announcement            euro adhoc 01.12.2003
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Further inquiry note: Elmar Bob

Branche: Online
ISIN:      US5766601042
WKN:        930129
Index:    Classic All Share, Prime All Share, Prime Standard
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



Weitere Meldungen: MatchNet plc

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