DGAP-News: Viscom AG: Measures agreed for ensuring liquidity and securing the future of the company


Viscom AG / Restructure of Company

10.06.2009 

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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Hanover, 10 June 2009

The demand and economic situation faced by Viscom AG, as outlined in the
interim report on 31 March 2009, remains difficult. The Executive Board of
Viscom AG already introduced wide ranging measures aimed at ensuring
liquidity and securing the company's future in 2008. These measures were
bolstered at the end of the second quarter of 2009. 36 employees were
offered a move to a transitional company in an effort to avoid lay-offs.
Short time was also introduced in several departments of Viscom AG for the
time being. The savings in personnel will result in around EUR 3 million
per year in saved costs.
 
By implementing these measures, Viscom AG is now well positioned to
overcome this economically weaker period.
 
The Executive Board of Viscom AG anticipates that revenue and net profit
for the 2009 financial year will fall considerably short of the previous
year's level. The company is still not in a position to make a quantitative
forecast for the current financial year.
 
 
 
 
Insofar as this notice contains forecasts or expectations, or concerns
statements regarding the future, these statements may be marked by risk and
uncertainty. Therefore we cannot guarantee that the expectations will prove
to be correct. Actual events and developments may deviate significantly
from the expectations and assumptions expressed herein. Among the factors
which may cause deviation are changes in the general economic situation,
the competitive situation, exchange rates, interest rates and changes in
national and international laws, among others. As a result the company
assumes no responsibility to update the statements conveyed within this
notice.


Contact:
Viscom AG
Investor Relations
Sandra Göde
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-850
Fax:  +49-511-94996-555
sandra.goede@viscom.de


DGAP 10.06.2009 
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Language:     English
Issuer:       Viscom AG
              Carl-Buderus-Strasse 9-15
              30455 Hannover
              Deutschland
Phone:        +49 (0) 511 94 996 850
Fax:          +49 (0) 511 94 996 555
E-mail:       sandra.goede@viscom.de
Internet:     www.viscom.com
ISIN:         DE0007846867
WKN:          784686
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hannover;
              Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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