Advanced Inflight Alliance AG / Acquisition/Contract
11.01.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Munich, January 11, 2008 Advanced Inflight Alliance AG (ISIN
DE0001262186, WKN 126218, domiciled at: Schellingstr. 35, 80799
Munich/Germany) today signed an agreement for the acquisition of all shares
of DTI Software Inc., a company domiciled in Montreal, Canada.
The purchase agreement will have a retroactive effect on earnings as of
October 1, 2007. The business figures of DTI Software Inc. are to be
included in the Group's consolidated figures from January 1, 2008.
One half of the purchase price in the low double-digit millions is financed
through own and borrowed funds, respectively. The parties agreed not to
disclose any further details of the purchase agreement.
Advanced Inflight Alliance AG
The Management Board
DGAP 11.01.2008
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Language: English
Issuer: Advanced Inflight Alliance AG
Schellingstr. 35
80799 München
Deutschland
Phone: +49 (0)89 613805-0
Fax: +49 (0)89 613805-55
E-mail: info@aialliance.com
Internet: www.advanced-inflight-alliance.com
ISIN: DE0001262186
WKN: 126218
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: Advanced Inflight Alliance AG takes over DTI Software Inc., Montreal
| Quelle: EQS Group AG