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Travel24.com AG

ots Ad hoc-Service: Travel24.com AG <DE0007487506> travel24.com takes over Buchungsmaschine AG

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
travel24.com (Neuer Markt WKN 748750) is taking over 73% of all
shares of the well-established travel application provider
Buchungsmaschine AG on August 18, 2000, plus an additional option for
27% of the shares. Most of the acquisition will be carried out via
share deal, which binds the previous shareholders of Buchungsmaschine
AG (large shareholders: United Internet AG 25.01%, Dieter Pfennig and
Mikko Linnamäki each at 24%) to a lock-up period till April 1, 2001.
The technologically innovative firm Buchungsmaschine AG develops
Internet- and intranet-based software solutions for the business-to-
business area in tourism and is one of the b2b market leaders in
Germany with more than 20 Internet portal partners and more than 14
million page impressions per month. Chairman Jens Henze continues to
initiate software solutions such as the first German online price
comparison system for flight package-deal tours, called Tourfinder
and a special data bank for last minute, charter and carrier flights.
This considerably increases travel24.com's opportunities for
developing additional potential in the b2b area nationally and
internationally.
Through the integration of products, marketing and technology
travel24.com AG can expand its offer and service portfolio, both in
b2c applications which have been dominant thus far with the leading
reservation technology and in the b2b field. travel24.com AG expects
that the strengthening of the b2b field as well as the expansion of
the cooperation network and the additional synergies in fulfilment,
reservations technology and back-office processing will have a
significantly positive effect on the business model as planned thus
far.

Contact:

travel24.com AG BUCHUNGSMASCHINE AG Investor Relations Managing
Director Silke Siegel and Klaus Artmann Jens Henze Weinstraße 3
Bornbarch 4 D-80333 München D-22848 Norderstedt Phone: + 49 89 - 379
095 - 0 Phone: + 49 40 - 53 43 22 - 0 Fax: + 49 89 - 379 095 - 55
Fax: + 49 40 - 53 43 22 - 200 E-Mail: ir@travel24.com E-Mail:
J.Henze@buchungsmaschine.de www.travel24.com www.buchungsmaschine.de

End of message
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Original-Content von: Travel24.com AG, übermittelt durch news aktuell

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