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Tomorrow Focus AG

euro adhoc: Tomorrow Focus AG
Mergers - Acquisitions - Takeovers

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
Expansion through dating agency acquisition
Munich, July 04, 2007. TOMORROW FOCUS AG is taking over 63% in the 
Hamburg-based dating agency ElitePartner. ElitePartner operates one 
of the largest dating agencies in Germany, attracting 1,000 new users
a day. TOMORROW FOCUS AG is incorporating the Hamburg-based company 
into its portfolio and plans to turn it into a highly successful 
ElitePartner was founded in 2004 and runs a fast-growing dating 
agency business. At the time of takeover, the company had 
approximately 500,000 registered users with an average age of 
forty-two. 67% of its members are academics. From the 1,000 users 
joining every day, 45% are male and 55% female. The business finances
itself through users´ monthly membership fees. ElitePartner is 
expecting a turnover of over EUR 10 million for the financial year 
2007 and a positive EBITDA. In 2006 turnover was over EUR 4 million. 
Elitepartner has 47 employees and was awarded first place among 34 
online dating agencies tested last year.
TOMORROW FOCUS AG has paid a first tranche of EUR 8.4 million for 58%
of the shares. At the same time, a capital increase of EUR 1 million 
is being organized, where TOMORROW FOCUS receives a further 5% of the
shares. In addition, three part payments were agreed, independent 
from sales and earnings development, which could lead to further 
payments in 2008, 2009 and 2010 if corresponding targets are 
achieved. If the company develops as planned, part payments will 
amount to EUR 6 million. ElitePartner´s founder and its shareholder 
Burda Digital Ventures GmbH, Munich, will retain a 20% holding and 
17% of the invested shares. Option rights were agreed for these 
shares. The management team lead by Arne Kahlke and Sören Kress 
remain bound to the company in their roles as executive directors.
TOMORROW FOCUS AG has already transformed its previous 2006 travel 
industry acquisition HolidayCheck into a highly successful and fast 
growing business. With Elitepartner, TOMORROW FOCUS AG has gained 
another important stake in a growing sector.
end of announcement                               euro adhoc 05.07.2007 18:51:16

Further inquiry note:

Ariane Meynert
Tel.: +49 (0)89 9250 1256

Branche: Software
ISIN: DE0005495329
WKN: 549532
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade

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