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Kizoo AG

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

  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 
Babbel.com. 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 
Babbel.com.
Explanation: The investment involves a direct shareholding in Lesson 
Nine GmbH, Berlin, that operates the language learning portal 
Babbel.com. 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

Further inquiry note:

Silvia Teschner
Investor Relations
Tel. +49 721 5160 2701
investor.relations@kizoo.com

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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