euro adhoc: PANDATEL AG
Management Changes
Ad hoc disclosure acc. to Art. 15 WpHG Changes in the Supervisory Board of Pandatel AG

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Pandatel  AG  (ISIN  DE0006916307),  listed  on  the  Frankfurt Stock  Exchange (General Standard), makes  the  following announcement:  the  Chairman  of  its Supervisory Board, Dr. Axel Pfeifer, Frankfurt/Main, and its  Supervisory  Board member Dr. Jozef Straus, Ottawa, Canada, resign from their  positions  effective 17 December 2006 after the foreseeable  failure  of  the  merger  with Dowslake Microsystems Corp. The new members will be appointed by court decision shortly.

Hanover, 17 November 2006

The Management Board

About PANDATEL PANDATEL is a German corporation based in Hanover. PANDATEL was formed  in  1987 as Pan Dacom Telekommunikation GmbH. It went public at Frankfurt stock  exchange in November 1999. Majority shareholder is Dowslake Venture  Ltd.  (U.S.A.)  with Dr. Dan D. Yang as CEO. In March 2006, Dr. Yang became also CEO of PANDATEL  AG. PANDATEL is  specialized  in  Ethernet  technologies.  For  further information please visit

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ots Originaltext: PANDATEL AG
Im Internet recherchierbar:

Further inquiry note:
insignis GmbH, Agency for Communication
Raik Packeiser
Berliner Allee 9 - 11
30175 Hanover, Germany
Phone: .+49 511 33 65 15 31
Fax +49 511 33 65 15 33

Branche: Telecommunications Equipment
ISIN:      DE0006916307
WKN:        691630
Index:    Prime 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
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade

Weitere Meldungen: PANDATEL AG i.A.

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