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OnVista AG

euro adhoc: OnVista AG
Mergers - Acquisitions - Takeovers
OnVista acquires health care portal Medicine-Worldwide
Growth and diversification through second subject specific website (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
OnVista AG is purchasing 100% of the shares of Berlin-based A
Med-World AG retrospective from 1 January 2004. The contract of sale
was signed today. The supervisory bodies of both companies have
already given their approval. The non-listed company A Med-World AG
operates the advertising-financed health care portal
www.medicine-worldwide.de and offers licence customers content for
their respective Internet services. All activities are to be
integrated in OnVista Media GmbH over the next few months. OnVista
Media, a wholly-owned subsidiary of OnVista AG, operates and markets
the finance portal www.onvista.de.
With the take-over of the health care specialist, OnVista is, for the
first time, venturing into a subject area outside finance. The aim of
this strategic decision is to open up new revenue sources for OnVista
Media while also reducing the company's dependence on the finance
environment. The company plans to generate added value by
transferring the structures and IT processes developed for its
finance portal as well as its acquired marketing and sales know-how
to the health care portal.
In 2003, A Med-World AG generated sales in the region of six-digit
Euro through content licensing to pharmaceutical companies and health
insurance providers as well as through advertising on its own web
site, and also recorded an almost balanced result under the German
Commercial Code (HGB). Founded in 2000, the company today employs
seven staff. The online service www.medicine-worldwide.de is one of
the most popular health care websites in Germany, with more than 1
million visits and 5.8 million page impressions each month (visits
and page impressions in Jan. 2004, according to the company's own
figures).
The two companies have agreed not to disclose the purchase price. The
costs incurring this year for the further enhancement of the health
care portal can be financed from the current business of OnVista
Media GmbH, ensuring that the media company will continue to operate
at a distinct profit despite the expansion. By linking its own
marketing competence with the sector specific expertise of A
Med-World AG, OnVista Media aims to step up the ad sales and
licensing activities. In addition, the company is also looking into
the possibility of developing an online drugstore in order to open up
additional revenue sources through e-commerce. However, OnVista will,
under no circumstances, develop its own mail-order structures but, if
necessary, would fall back on third party infrastructures and
logistic expertise.
IR contact: Stefan Bohlmann, Tel. +49 2203/9146-220,  ir@onvista.de; 
Press contact: Anja Seipp, Tel. +49 2203/9146-306,  presse@onvista.de
end of announcement        euro adhoc 01.03.2004

Further inquiry note:

IR contact: Stefan Bohlmann, Tel. +49 2203/9146-220, ir@onvista.de;
Press contact: Anja Seipp, Tel. +49 2203/9146-306, presse@onvista.de

Branche: Computing & Information Technology
ISIN: DE0005461602
WKN: 546160
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
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

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Plus de actualités: OnVista AG