ComputerLinks AG

euro adhoc: ComputerLinks AG
COMPUTERLINKS AG plans acquisition in Spain

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COMPUTERLINKS AG (ISIN DE0005448807) plans the 100% acquisition of the Spanish value added distributor MAMBO TECHNOLOGY Sociedad Limitada (MAMBO) with its head office in Madrid.

The fast growing company MAMBO expects turnover of approximately 5-6 million Euro and earnings before interest, taxes, depreciation and amortisation (EBITDA) of approximately 0.4-0.5 million Euro for the financial year 2006.

A financial, tax and legal review (due diligence) of the Spanish company is to be conducted based on the letter of intent. The Management Board aims to conclude the contract by December 2006 at the latest. It was agreed to remain silent on the expected purchase price until the conclusion of the contract.

Issuer`s information/explanatory remarks regarding this ad hoc announcement:

Stephan Link, founder and CEO of COMPUTERLINKS AG stated: "The planned acquisition of MAMBO opens up for us access to the Spanish market, where we have not been represented as yet. MAMBO with its fast growing e-security division is the ideal complement to the existing COMPUTERLINKS Group".

@@start.t2@@end of announcement                                                 euro adhoc 11.10.2006 09:20:53

ots Originaltext: ComputerLinks AG
Im Internet recherchierbar:

Further inquiry note:
Bettina Zollner
Tel.: +49 89 93099-174

Branche: Computing & Information Technology
ISIN:      DE0005448807
WKN:        544880
Index:    Nemax 50, CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: ComputerLinks AG

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