JoWooD Entertainment AG

EANS-Adhoc: JoWooD Entertainment AG
CEO Albert Seidl resigns his mandate as Chairman of the Management Board

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C.E.O. Interviews

30.04.2010

Dr. Albert Seidl, Chairman of the Management Board and CEO of JoWooD Entertainment AG, Vienna has, for personal reasons and with the consent and understanding of the Supervisory Board, formally resigned his Management Board mandate. The details regarding the termination of his employment contract will be settled in the next few days. Albert Seidl will be available to the Company as a consultant in the future.

The Supervisory Board will entrust Franz Rossler, the former Chief Financial Officer of AT&S AG, with the interim management of the Company and has immediately begun the search for a successor. Rossler will assume this position on 17 May.

Michael Sares thanked Albert Seidl for his "outstanding performance in restructuring the Company and achieving the turnaround and strategic reorientation of JoWooD. The Company is now well-positioned and there is nothing that could prevent systematic organic growth from going forward". The new CEO is to take up his position by the end of the year.

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ots Originaltext: JoWooD Entertainment AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
JoWooD Entertainment AG
Dr. Albert Seidl, Vorstand
Mag. Philipp Brock, Investor Relations
Tel.: +43 (0)1 37909-0
mailto:investor@jowood.com
http://corporate.jowood.com

Branche: Software
ISIN:      AT0000747357
WKN:        935221
Index:    WBI, ATX Prime, ViDX
Börsen:  Berlin / free trade
              Frankfurt / free trade
              Stuttgart / free trade
              München / free trade
              Wien / official market



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