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PANDATEL AG i.A.

euro adhoc: PANDATEL AG
Personnel
Operational business discontinued and Singapore subsidiary plan to be closed

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
02.01.2008
Hanover, January 2, 2008. Pandatel AG (ISIN DE0006916307  -  General 
Standard).
Toward the turn of the year 2007/2008, all employees have gradually 
resigned voluntarily and they have taken job offers from other local 
companies. The company had to discontinue its operational business 
due to lack of personnel. Only 2 employees still remain.
In addition, the Singapore subsidiary, Pandatel Asia Pacific, is in 
the  process of being closed. This measure does not affect any 
employees. Within  the restructuring measures of 2006 and 2007 the 
number of employees had  already been adjusted.
Arising expenses have been accounted for within liquidation costs.
About PANDATEL AG:
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 of both 
companies. More  Information on  the  website www.pandatel.com
end of announcement                               euro adhoc

Further inquiry note:

Raik Packeiser
insignis, agency for communications
+49 (0) 511 33 65 16 30
ir@pandatel.com

Branche: Telecommunications Equipment
ISIN: DE0006916307
WKN: 691630
Index: Prime 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

Plus de actualités: PANDATEL AG i.A.
Plus de actualités: PANDATEL AG i.A.