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AdLINK Internet Media AG

EANS-News: AdLINK Group finalizes realignment

Montabaur (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Board of Directors (Appointments and Changes)/Company Information
After the sale of its display marketing unit
AdLINK Media to Hi-media, the AdLINK Group finalizes its realignment.
Following the concentration on the two performance-based online 
marketing businesses affilinet and Sedo, the management and 
supervisory board of AdLINK Group decided to buy the remaining 24.06%
of Sedo GmbH from the founders for 4.25 million newly issued shares 
and EUR 5.5 million in cash. Additionally, AdLINK Group sells its 
shares in the display marketing companies Hi-media and Goldbach Media
to United Internet. The proceedings of EUR 45.1 million will be used 
to reduce the financial debt. In addition the AdLINK Group expects to
receive extraordinary income of around EUR 12.7 million from the sale
of the two investments.
The company will also be renamed in order to reflect the new 
strategy. The change and the new name will be finally decided by the 
annual shareholder meeting in 2010.
Following the new focus, management will change: Stephane Cordier and
Marc Stilke will resign as members of the management board as per end
of September. Tim Schumacher, Managing Director of Sedo, and 
Alexander Röthinger, CTO of affilinet, will be appointed respectively
as new CEO and CTO for AdLINK Group. Together with the CFO Andreas 
Janssen, they will constitute the management board of the company.
"On behalf of the supervisory board, I would like to thank Mr. 
Cordier and Mr. Stilke for the longstanding, successful and trustful 
cooperation, the high degree of personal commitment and exceptional 
contribution for the company. Under their management AdLINK Group has
become one of Europe´s leading suppliers of digital marketing. 
affilinet has grown from a start up to a leading and profitable 
affiliate network in Europe with presence in 5 markets. Sedo has 
become the global leader for domain trading and parking," says 
Michael Scheeren, chairman of the supervisory board of AdLINK group. 
"With Tim Schumacher, founder and MD of Sedo, and Alexander 
Röthinger, longstanding CTO of affilinet, two experienced managers 
step up which are familiar with the business models of AdLINK group,"
continues Scheeren.

Further inquiry note:

Marcus Schaps
Head of PR
AdLINK Internet Media AG
Elgendorfer Straße 57
56410 Montabaur
Germany

Phone: +49 (0) 2602 96-1319
Fax: +49 (0) 2602 96-1013
presse@adlinkgroup.net

Branche: Online
ISIN: DE0005490155
WKN: 549015
Index: TecDAX, Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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