Kizoo AG

euro adhoc: Kizoo AG
Mergers - Acquisitions - Takeovers
Kizoo AG invests in language learning portal

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 28.07.2008 Karlsruhe, July 28, 2008. Kizoo AG (ISIN: DE000CMBT111), Karlsruhe, via wholly owned subsidiary Kizoo Technology Capital GmbH, Karlsruhe, made its first investment in a young technology venture today - Lesson Nine GmbH, Berlin with its language learning portal With its minority shareholding Kizoo implements for the first time its technology venture strategy within the framework of its realignment. The first-round financing is carried out together with VC Fonds, Berlin. Over the next twelve months both partners will invest a six digit amount into the product and distribution of Explanation: The investment involves a direct shareholding in Lesson Nine GmbH, Berlin, that operates the language learning portal VC Fonds, Berlin, managed by IBB Beteiligungsgesellschaft mbH, Berlin, joined in as a co-investor. With Babbel everybody can learn English, Spanish, French, Italian or German free of charge. Other languages are being prepared. A playful learning concept, community functions and multimedia features ensure quick learning success without a rigid lesson system. Pictures, sound and communication with others open up new ways of learning a language. The market for Babbel emerges in the middle of Web 2.0, mobile content and a rapidly expanding e-learning market. The business model is based on three pillars: premium services, mobile value-added services and online advertising. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: Kizoo AG Im Internet recherchierbar: Further inquiry note: Silvia Teschner Investor Relations Tel. +49 721 5160 2701 Branche: Online ISIN: DE000CMBT111 WKN: CMBT11 Index: CDAX, Prime All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

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