W.O.M. World of Medicine AG

euro adhoc: W.O.M. World of Medicine AG
Restructuring & Recapitalisations
WORLD OF MEDICINE sells its subsidiary IBL Industrial Broad Spectrum Laser AG

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Medical device manufacturer WORLD OF MEDICINE today signed a contract for the sale of its industrial laser division. In the course of a Management buy-out arrangement WORLD OF MEDICINE, retroactive to January 1, 2005, sold its 100% shareholdings in IB Laser AG and put an end to its commitment to the industrial laser division. In addition to the sales proceeds, WORLD OF MEDICINE will participate from a long-term profit share in the form of a participation certificate. There will be no liability for future losses.

Therewith, WORLD OF MEDICINE has completed strategic restructuring and will now focus on the core business Minimally Invasive Surgery. The competence for medical laser technologies and applications will continue to be covered by CLYXON Laser GmbH.

The Management Board

end of announcement                                euro adhoc 12.04.2005 17:34:07

Further inquiry note: Stefanie Gehrke Tel.: +49 (0)30 39981 566; +49 (0) 172 402 67 40 E-Mail: stefanie.gehrke@womcorp.com

Branche: Pharmaceuticals
ISIN:      DE0006637390
WKN:        663739
Index:    Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade

Weitere Meldungen: W.O.M. World of Medicine AG

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