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ots Ad hoc-Service: WEB.DE AG <DE0005296503> WEB.DE's 150-strong sales force in the B2B sector - investment in E-CHO AG
Karlsruhe (ots Ad hoc-Service) -
The sender is solely responsible for the contents of this announcement.
Via its 100% subsidiary WEB.DE pro GmbH, Nuremberg, Karlsruhe-based WEB.DE AG has entered into a major sales agreement with Munich-based E-CHO AG, covering WEB.DE's professional B2B Unified Messaging Services for SOHOs (small and home offices) as well as small and mid-sized businesses.
E-CHO AG, headed by its Chairman of the Board of Management Fritz Schladitz who helped setup Mobilcom AG's corporate customers sales division, specialises on the sale of telecommunication products to small and medium sized enterprises. Across Germany, E-CHO AG has an actual sales network with around 150 employees which will be extended to 450 by the beginning of 2001. WEB.DE AG invested 20% in E-CHO AG within the scope of a capital increase to substantiate the cooperation and to re enforce the sales channel.
To be able to market its professional B2B communication solutions via E-CHO AG is an important milestone for WEB.DE AG towards the implementation of its B2B strategy which was announced in spring. This cooperation already provides WEB.DE with comprehensive sales networks for the emerging market of professional Unified Messaging Services. In its latest 2002 survey, the American market research institute, Frost & Sullivan, projects sales of around USD 10.8 billion for the European Unified Messaging market. This represents growth rates of well over 100% p.a.
WEB.DE pro GmbH's B2B products are based on the leading Unified Messaging system of WEB.DE AG. Over the last months, the company's communication services came first in 12 comparison tests carried out by leading specialist magazines. WEB.DE pro GmbH's services require no investment, can be implemented immediately and will be based on monthly flat rates which roughly lie in the order of a phone line.
Contact:
WEB.DE AG, Richard Berg, Investor Relations, tel. +49 (0)721 94329
0, fax. +49 (0)721 94329 22, e-mail: investor.relations@webde-ag.de,
http://webde-ag.de
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