Catalis SE / Strategic Company Decision/Mergers & Acquisitions
21.10.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Eindhoven, October 21, 2008 - Catalis SE, worldwide provider of digital
content for the film, games and telecom industry, hereby announces that its
subsidiary Kuju Group SE expanded into the Asia-Pacific region by acquiring
Matahari Studios Philippines located in Manila, Republic of the Philippines
effective as of October 20, 2008. The purchase price is not disclosed.
The studio with 20 employees will provide a corporate presence for Kujus
fast growing studio network in the region as well as a proven co-operative
development relationship with Kujus US studio based in Burlingame,
California.
Jonathan Newth, President of Kuju Group, commented: 'The partnership
between Kujus US studio and Matahari has already shown us that there is a
great opportunity to grow our talent pool through co-operative development.
This approach offers significant advantages over out-sourcing and involves
the team in Manila working on specific areas of development as an integral
part of an overall projects creation. The Manila team has already
successfully delivered code and design components as well as art &
animation assets for Kujus US developed projects. We will be working with
the team in Manila to further expand the range of development skills they
can offer to Kujus studios.'
Eric Marlow, General Manager of the newly formed Kuju Manila, added: 'We
recognised early-on the value in coming to the Philippines. The strength of
the local talent pool and emphasis on creativity were the primary reasons
why we set up here. We are all extremely excited to be part of such a well
respected group of developers as exists within the Kuju network of
studios.'
For further information on Catalis SE and its wholly owned subsidiaries,
Testronic Laboratories and Kuju Entertainment, please refer to
www.catalisgroup.com, www.kuju.com and www.testroniclabs.com.
For further questions please contact our Investor Relations team
directly:
Investor Relations Catalis SE
Investor Relations Team
t: +49 89 24 41 18 - 413
f: +49 89 24 41 18 - 499
info@catalisgroup.com
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About Catalis SE:
Catalis is a worldwide leading outsourcing services provider focusing on
high-end technical services relating to the creation of digital content for
the film, video games and telecom industry as well as content in fields
like e-learning and software. Catalis SE currently offers the following
services: testing services, development services and production services.
Catalis SE operates through its wholly owned subsidiaries Testronic
Laboratories and Kuju plc, which in total control 14 different locations
throughout the USA, Great Britain, Poland, and Belgium.
DGAP 21.10.2008
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Language: English
Issuer: Catalis SE
Geldropseweg 26-28
5611 SJ Eindhoven
Niederlande
Phone: +31 (0)40 2135930
Fax: +31 (0)40 2135604
E-mail: info@catalisgroup.com
Internet: www.catalisgroup.com
ISIN: NL0000233625, DE000A0GGBZ7
WKN: 927093
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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DGAP-News: Catalis SE: Kuju expands into the Asia-Pacific region by acquisition of Matahari Studios Philippines
| Source: EQS Group AG