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. ---------------------------------------------------------------------- Investment in new development projects sets the base for further growth Düsseldorf, August 31, 2009 ecotel has received EUR 5 million financing funds in the context of the ERP innovation program of the Kreditanstalt für Wiederaufbau (KfW) and Commerzbank. ecotel is going to use the proceeds for the development of innovative fixed mobile convergence products. EUR 2.5 million of the loan amount comprise a debt capital tranche of Commerzbank with a maturity of 10 years and amortization starting after 2 years. The other 2.5 million euros of the loan are the subordinated tranche of KfW with a maturity of 10 years and amortization starting after 7 years. 'We have significantly strengthened our financial leeway. Now we can implement the planned development projects at a faster and better pace. For ecotel this is a clear growth driver' says Bernhard Seidl, CFO of ecotel. The new loan increases the liquid funds of the company. Due to the 'equity character' of the subordinated loan it also improves the covenants 'ratio Net Debt to EBITDA' as well as the 'equity ratio 'of the running loans. ecotel expects to generate revenues of appr. EUR 100 million and to generate an EBITDA adjusted for extraordinary cost and revenues of EUR 5 - 5.5 million for 2009. ecotel publishes its third quarter figures on November 13, 2009. About ecotel communication ag: ecotel is a publicly listed telecommunications company which operates in Germany and focuses on three business divisions. In its core division 'Business Customers' the company offers an integrated product portfolio of voice, data and mobile services. ecotel meanwhile serves appr. 35.000 business customers within Germany with standardised and individual telecommunications solutions and consistently implements its fixed mobile convergence (FMC) strategy. In its second division 'Wholesale Customers' the company provides carrier and wholesale services to other telecoms operators and to non-industry distributors. ecotel deploys state of the art enabling and switching platforms in order to provide its product portfolio (unbundled local loops, broadband access lines, mobile services) to other resellers. At the same time the company achieves economics of scale and broadens its value chain for its own core business 'business customers'. The division 'New Business' contains ecotel's fast growing subsidiaries and new ventures. Apart from PPRO, easybell, ecotel private and toBEmobile this division also includes the New Media business, which has been transferred into this unit. ecotel was founded in 1998 and is headquartered in Düsseldorf. At present, the group has appr. 200 employees. It is among the fastest growing technology companies and was ranked among the top 50 companies in the Deloitte 'Technology Fast 50' competition for the past four consecutive years. 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 (Leitung Marketing / PR) Tel.: 0211-55 007-310 Fax: 0211-55 007 5 310 Email: presse@ecotel.de Further information: www.ecotel.de. 31.08.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: ecotel communication ag Prinzenallee 9-11 40549 Düsseldorf Deutschland Phone: +49 (0)211 55 00 70 Fax: +49 (0)211 55 00 7 222 E-mail: info@ecotel.de Internet: http://www.ecotel.de ISIN: DE0005854343 WKN: 585434 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------