ots Ad hoc-Service: fluxx.com AG <DE0005763502> fluxx.com receives further financial backing to the tune of DM 15 million
Kiel (ots Ad hoc-Service) -
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The Kiel-based fluxx.com AG (Reuters Code FXXG.F), an Internet service company and Germany's market-leading broker of Internet gambling options, has secured additional DM 15 million in credit arrangements to finance its continuing growth.
The loan, which is to be provided by the founding shareholder NIB Norddeutsche Innovations- und Beteiligungsgesellschaft mbH, will completely finance the expenses of fluxx.com AG until beyond the anticipated break-even point.
The funds will largely be used to establish a sound basis on which the company can continue the expansion of its gambling business. A further portion, which is yet to be approved by the Supervisory Board, will be made available on a project-byproject basis for expanding the sale of software products and stand-alone solutions for lotteries and gambling.
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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