DGAP-News: ecotel communication ag: Change in the Executive and Supervisory Board


DGAP-News: ecotel communication ag / Key word(s): Change of Personnel
ecotel communication ag: Change in the Executive and Supervisory Board

31.03.2014 / 08:56

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- CFO Bernhard Seidl has decided not to seek reappointment to  
- Chairman of the Supervisory Board, Johannes Borgmann, is appointed to
Executive Board

Dusseldorf, 31 March 2014
Mr Bernhard Seidl has informed the ecotel communication ag Supervisory
Board, that he decided not to seek reappointment to the Executive Board
once the current period of appointment has expired. Since 01 September
2006, Mr Seidl has held the position of Chief Financial Officer at ecotel.
Additionally, he has served as of the three Managing Directors of the
subsidiary, nacamar GmbH and responsible for 51% stake of its subsidiary,
easybell GmbH. Mr Seidl will fully assume his duties during this period at
ecotel and will ensure a smooth handover.

Chief Executive Officer, Peter Zils, "We deeply regret and accept the
decision from Mr Seidl not to seek reappointment after 31 August 2014. Both
the Executive and Supervisory Board would like to express their deep
appreciation and gratitude for his many years of service to ecotel and the
Group. In addition, we respect his decision to explore new opportunities.
We, as well as in the name of all employees, wish him all success both in
his career and personal life."

With effect of 01 May 2014, the current Chairman of the Supervisory Board,
Mr Johannes Borgmann, will serve as Vice-Chairman of the Executive Board.
Mr Johannes Borgmann has been serving on the Supervisory Board since June
2002 and as Chairman since 18 December 2007. With this, he will no longer
serve on the Supervisory Board as of 30 April 2014.

Mr Borgmann has gained a lot of experience serving as Managing Director
both in national and international companies and has also attained a wealth
of knowledge in IT and TK systems. In the future he will undertake a wide
variety of assignments. The major objective is to help the company to
become better positioned in the ever increasing and changing demands in the
ITK (Information Technology and Communications) market. In addition, he
will take over the duties and responsibilities of the departments in which
Mr Seidl served.
 
About ecotel communication ag:

Listed in the Prime Standard segment of the Frankfurt Stock Exchange,
ecotel communication ag is a telecommunications company with activities in
three business sectors throughout Germany.

In the core segment of »Business Solutions« ecotel provides about 18,000
business customers with an integrated product portfolio consisting of
voice, data and mobile communications solutions. This includes nationwide
available and convergent bundled products, broadband data access on the
basis of DSL and Ethernet technologies, scalable networking of corporate
locations (VPNs) as well as housing and hosting services.

In the second segment, »Wholesale Solutions«, the ecotel group markets
preliminary service products to other telecommunications companies. At the
same time, the company achieves high traffic volumes in this segment,
enhancing added value for the core segment of »Business Solutions«. In
addition to the international wholesale voice activities of ecotel, mvneco
GmbH is also included in this segment.

The »New Business« segment covers new, fast-growing business segments and
niches by means of independently operating subsidiaries. In addition to
easybell GmbH, which is aligned to private customer business, nacamar GmbH,
which now focuses exclusively on new media activities, is part of this
independent business unit.

The corporate group, with its main office in Düsseldorf, currently has
about 200 employees, including subsidiaries and holdings.

Please note:
 
This publication does not constitute an offer for the sale of shares in the
company or a solicitation of an offer for the purchase of shares in the
company. Furthermore, this publication shall not constitute a securities
prospectus. It is forbidden to distribute this document outside of Germany,
and in particular the United States of America, Canada, Australia or Japan.

PR office: 
Business and Financial Media
Annette Drescher (Assistant to the Managing Director)
Phone: 0211-55 007-740
Fax: 0211-55 007 5 740
E-mail: presse@ecotel.de

Business media
Bernadette Loosen-Flanz (PR)
Phone: 0211-55 007-316
Fax: 0211-55 007 5 316
E-mail: presse@ecotel.de

For more information, please visit us on the web at www.ecotel.de


End of Corporate News

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Language:    English                                                
Company:     ecotel communication ag                                
             Prinzenallee 11                                        
             40549 Düsseldorf                                       
             Germany                                                
Phone:       +49 (0)211 55 00 70                                    
Fax:         +49 (0)211 55 00 7 222                                 
E-mail:      info@ecotel.de                                         
Internet:    http://www.ecotel.de                                   
ISIN:        DE0005854343                                           
WKN:         585434                                                 
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
 
 
End of News    DGAP News-Service  
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