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Board/Management Information • Oct 6, 2006

News Details

Corporate | 6 October 2006 07:24

ARQUES Industries AG: ARQUES Executive Board complete again

Corporate news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— ARQUES Executive Board complete again Dr. Michael Schumann new member of the Executive Board responsible for acquisitions / Dr. Martin Vorderwülbecke becomes CFO Starnberg, October 6, 2006 – The Supervisory Board of ARQUES Industries AG (ISIN DE0005156004) decided on a restructuring of the Executive Board at its extraordinary meeting on October 5. According to this decision, Dr. Martin Vorderwülbecke will give up his previous position as Executive Board member responsible for acquisitions and will immediately take on the position of CFO and Executive Board Vice Chairman. Simultaneously, Dr. Michael Schumann, longstanding manager in the acquisitions division, will take over as Executive Board member responsible for acquisitions. Hereby the Executive Board is completely occupied again. Dr. Vorderwülbecke has been a member of the ARQUES Industries AG Executive Board since July 1, 2004. He held the position of CFO provisionally from March 1, 2005 to June 30, 2005, and since December 2005. Dr. Vorderwülbecke has a doctorate in law, is a tax expert and holds an MBA from the recognised INSEAD business school in Fontainebleau. Dr. Schumann has been with the ARQUES acquisitions division in a managerial position since the beginning of 2003. Numerous company purchases are substantially due to his commitment. Dr. Schumann has a business degree and has been working in the mergers and acquisitions area for many years. The ARQUES Industries AG Executive Board is thus complete again with Dr. Dr. Peter Löw (Executive Board Chairman), Dr. Martin Vorderwülbecke (CFO and Executive Board Vice Chairman), Markus Zöllner (COO) and Dr. Michael Schumann (Executive Board member responsible for acquisitions). About ARQUES ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround specialist who focuses on the acquisition and the active restructuring of companies in transitional situations, in order to develop these, with its own team and own resources, to competitive enterprises with a positive yield. ARQUES revitalises its subsidiaries’ potential for creating value for the benefit of all its stakeholders, taking on the relevant social responsibility. ARQUES has made a duty of identifying underestimated companies with reduced survivability but with high appreciation potential, at the same time mastering complex company structures and transitional situations. The shares of ARQUES Industries AG are traded in the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the symbol ‘AQU’ (ISIN: DE0005156004) and are listed in the SDAX since September 19, 2005. Contact: ARQUES Industries AG Corporate Communication Christian Schneider Tel.: +49 (0) 8151/ 651 0 Email: schneider@arques.de (c)DGAP 06.10.2006 ————————————————————————— Language: English Issuer: ARQUES Industries AG Münchner Str. 15a 82319 Starnberg Deutschland Phone: +49 (0)8151 651-0 Fax: +49 (0)8151 651- 500 E-mail: info@arques.de WWW: www.arques.de ISIN: DE0005156004 WKN: 515600 Indices: SDAX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hamburg, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————