ce CONSUMER ELECTRONIC AG forms efficient corporate management

MUNCHEN, Germany, Dec. 18, 2003 (PRIMEZONE) -- The Supervisory Board of ce CONSUMER ELECTRONIC AG has appointed American Christopher R. DeNisco (46) effective January 1, 2004, as a new member of the Managing Board. Spokesman of the Managing Board is Friedrich Rettenberger.

DeNisco keeps responsibility for the Computer Product Division (Segment Trading) within the ce CONSUMER ELECTRONIC Group and will take the lead in restructuring the Brokerage-Division together with Michael Negel and Michael Wood to realise synergies in the sales business.

From January 1, 2004, the Managing Board of ce CONSUMER ELECTRONIC AG will therefore comprise the following members:

Christopher R. DeNisco Michael Negel Friedrich Rettenberger Michael Wood

With the stated members of the Managing Board ce CONSUMER ELECTRONIC AG provides an experienced management team that will ensure consistency as well as continuity on the management level.


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