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ots Ad hoc-Service: fluxx.com AG <DE0005763502> fluxx.com enters cooperation with Korean media enterprise

Kiel (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
fluxx.com enters cooperation with
Korean media enterprise
fluxx.com AG (Reuters Code FXXG.F) of Kiel, has signed a letter of
intent with the media enterprise YBM, Seoul, for the founding of a
joint venture. Aim of the cooperation is the setting up, running and
marketing of lotteries and betting through online-media in South
Korea.
The cooperation with YBM, which with 4'000 employees and offerings
on the internet, magazines and TV is one of South Korea's most
influential media enterprises, is a significant step in fluxx.com's
internationalisation strategy. Through the planned joint venture
fluxx.com on the one hand gains access to the lucrative South Korean
market and on the other hand the possibility to build up a presence
in the strategically important Asian economic space.
The market for lotteries and horse-betting in South Korea is
estimated at about US$ 2 billion p.a. The online potential stems from
the 46 million inhabitants, of whom ca. 30% own a mobile phone, 15%
have access to the internet and ca. 7% own internet-capable mobile
phones (WAP).

Contact:

fluxx.com AG, Investor Relations, Stefan Zenker, Phone: +49 (431)
88 10 4-84; Mobile: +49 173 913 87 05; Mail: zenker@fluxx.com

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