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Kudelski SA

The Kudelski Group takes over TicketCorner
Reserving tickets from the comfort of your TV chair now almost at hand

Lausanne and Zurich (ots)

On 7 May 2001 Kudelski SA, operating
out of Cheseaux near Lausanne, took over the share capital of
TicketCorner AG, a 100% subsidiary of UBS AG based in Rümlang near
Zurich. With almost 6 million ticket sales for some 10,000 events, a
turnover of CHF 147m in the 2000 business year and over 150 staff,
TicketCorner is undisputed leader on the Swiss ticketing market. Each
of the parties agreed not to disclose details of the purchase price.
The takeover of TicketCorner is an important milestone in the
Kudelski Group's plans to merge digital TV, the Internet, mobile
telephony and secure access systems for buildings. Thanks to its
leading know-how in the field of ticketing TicketCorner is quite
simply an ideal complement to the core expertise currently residing
in the Kudelski Group. The Group is confident that in the medium term
it will be able to offer integrated solutions for electronic
ticketing and access systems (direct-to-gate), enabling, for example,
a fixed reservation for a sports, theatre, concert or cinema event to
be made via an interactive TV, with all the additional consumer
benefits this entails.
The Kudelski Group is one of the world's leading providers of
access and system management solutions for analogous and digital
Pay-TV as well as broadband Internet, Smart Card based security
systems and top class audio products.
UBS is distributing a press release at the same time

Contact:

André Kudelski
Kudelski SA
Phone +41 21 732 0103

George Egloff
TicketCorner AG
Phone +41 1 818 3200