OnVista AG / Disposal 30.05.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 30.5.08 OnVista AG (DE0005461602) sells the online advertising sales firm Ad2Net GmbH to Media Ventures GmbH. The contract was signed today. For the sale of Ad2Net, OnVista will receive EUR 1.6 million in cash plus a media volume for advertising services over a term of three years, which represents roughly the same value. As an independent venture capital company, Media Ventures GmbH invests in young media and technology businesses. The portfolio of the Cologne-based company includes orangemedia and BusinessAd. The background of the sale of Ad2Net is the change in OnVista Groups strategy, announced in November 2007, and the related focus on the core business, financial markets, with its OnVista finance portal and the financial community Tradingbird. The transaction results in a pre-tax book loss for OnVista AG in the lower single digit million region. Furthermore the sale will effect the profit and loss account, since the company sold will in future no longer contribute to OnVistas sales and profits. Consequently, as early as from the second quarter of 2008 onward, the key financial figures of OnVista AG to be released will no longer be comparable with the previous years values. Contacts: Mareike Berkling / Silja Moderer, tel. +49 (0) 2203/9146-203/-305, email ir@onvista-group.de DGAP 30.05.2008 --------------------------------------------------------------------------- Language: English Issuer: OnVista AG Sophienstr. 3 51149 Köln Deutschland Phone: +49 (0)2203 9146-0 Fax: +49 (0)2203 180 640 E-mail: ir@onvista-group.de Internet: www.onvista-group.de ISIN: DE0005461602 WKN: 546160 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: OnVista AG sells online advertising sales firm Ad2Net to Media Ventures
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