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ecotel communication ag: ecotel transfers to the Prime Standard


ecotel communication ag / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

Transparency disclosure in accordance with Article 17 (2) of the Terms and Conditions for the Regulated Inofficial Market of the Frankfurt Stock Exchange:

Düsseldorf, August 08, 2007
ecotel communication ag has completed the already announced transfer to the Prime Standard. On Monday, August 06, 2007, ecotel’s share capital consisting of 3.900.000 shares has been admitted to trading in the Official Market (Amtlicher Markt) of the Frankfurt Stock Exchange with simultaneousadmission to the sub-segment of the Official Market with additional post-admission obligations (Prime Standard). Listing takes place today. In connection with the transfer to the Prime Standard, no public offer was made.. ecotel is the fourth company, which has realised the transfer to the Prime Standard since the existence of the Entry Standard.
'We are happy about the successful transfer to the Prime Standard and regard this as consequeantial step of ecotel’s stock exchange history. Since our IPO in March 2006, we have already complied with various 'Official Market' reporting and governance requirements beyond the Entry Standard guidelines. Now we have to comply with all transparency requirements of the Prime Standard and open our company for a broader investor base. We also respond to the growing importance of the capital market for our future business, especially with regard to the ongoing consolidation of the telecommunication market', says Peter Zils, CEO of ecotel.

The prospectus required for the transfer of the shares to the Prime Standard is available on ecotel’s web site (www.ecotel.de).

About ecotel communication ag:

As a telecommunications company that operates throughout Germany, ecotel communication ag specialises in the requirements of small and medium-sized enterprises. In its core 'Business Customer Solutions' division, ecotel offers innovative voice, data and value added services including direct connections as a full, low-cost package from a single source. Since acquiring Tiscali Nacamar GmbH in March 2007 (now operating under nacamar GmbH), ecotel also has professional data services such as secure networking of corporate locations (VPN) in its portfolio and operates its own German backbone network including a data centre in Frankfurt. The Company now provides more than 45.000 business customers from all sectors throughout Germany with standardised and individual telecommunications solutions.
In its second division 'Resale' the company provides telecoms carrier services to other telecoms operators and non-industry distributors as well as wholesale services. In addition, ecotel operates a state-of-the-art Wholesale platform for the inter company trade of telephony minutes with over 90 national and international carriers and broadens its value chain for the core business 'business customers'.

ecotel was founded in 1998 and is headquartered in Düsseldorf. At present, the group has over 230 employees. It is among the fastest growing technology companies and was ranked 8th and 38th in 2005 and 2006 in the Deloitte 'Technology Fast 50' competition.

 
Please note:

This publication does not constitute an offer for the sale of shares in the company or a solicitation of an offer for the purchase of shares in the company. Furthermore this publication shall not constitute a securities prospectus. This document must not be distributed outside of Germany, in particular not in the United States of America, Canada, Australia or Japan.

Press contact:

ecotel communication ag

Wirtschafts- und Finanzmedien
Annette Drescher (Assistentin des Vorstandes)
Tel.: 0211-55 007-740
Fax: 0211-55 007 5 740
Email: presse@ecotel.de

Fachmedien
Alexandra Rath
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: presse@ecotel.de

Further information: www.ecotel.de.


DGAP 08.08.2007 

 
Language:     English
Issuer:       ecotel communication ag
              Prinzenallee 9-11
              40549 Düsseldorf
              Deutschland
Phone:        +49 (0)211 55 00 7300
Fax:          +49 (0)211 55 00 75300
E-mail:       info@ecotel.de
Internet:     http://www.ecotel.de
ISIN:         DE0005854343
WKN:          585434
Indices:      
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Düsseldorf  
End of News DGAP News-Service  



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