QSC AG

Board/Management Information • Dec 10, 2003

News Details

Ad-hoc | 10 December 2003 08:06

Change in QSC Management Board

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Change in QSC Management Board Cologne, December 10, 2003. The Supervisory Board of QSC AG, a nationwide provider of telecommunication solutions, has approved the following personnel changes: Gerd Eickers (51), co-founder and member of the Management Board responsible for Customer Service, Order Management and Regulatory Affairs since January 2001, will not seek a renewal of his appointment and resign from his Management Board position at his own request effective December 31, 2003: This allows the Management Board to propose Mr Eickers reelection onto the Supervisory Board at QSC’s next Annual Shareholders meeting in May of 2004. Between 1999 and his change into a management board position at the beginning of 2001, Mr Eickers had already held a directorship on the QSC Supervisory Board. Mark Goossens (45), General Manager of Ventelo GmbH, has been appointed to the QSC Management Board effective January 1, 2004, to succeed Gerd Eickers. Voice carrier Ventelo was acquired by QSC in December 2002, and the company’s integration has now been largely finalised. On the QSC Management Board, Mark Goossens will be responsible for Customer Service, Order Management as well as Billing and Carrier Management. In the future, repsonsibilties for Regulatory Affairs be assumed by QSC’s Chief Executive Officer, Dr. Bernd Schlobohm. Mark Goossens will continue to serve as General Manager of Ventelo GmbH. For further details, please contact: QSC AG Claudia Zimmermann Company Spokeswoman Tel.: +49(0)221/6698-235 Fax: +49(0)221/6698-289 eMail: presse@qsc.de end of ad-hoc-announcement (c)DGAP 10.12.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: This Adhoc announcement contains forward-looking statements pursuant to the US “Private Securities Litigation Act” of 1995). These forward-looking statements are based on current expectations and forecasts of future events by the management of QSC AG. Due to risks or mistaken assumptions, actual results may deviate substantially from those made in such forward-looking statements. The assumptions that may involve material deviations due to unforeseeable developments include, but are not limited to, the demand for our products and services, the competitive situation, the development, dissemination and technical performance of DSL technology and its prices, the development and dissemination of alternative broadband technologies and their respective prices, changes in respect of telecommunications regulation, legislation and adjudication, prices and timely availability of essential third-party services and products, the timely development of additional marketable value-added services, the ability to maintain and enlarge upon marketing and distribution agreements and to conclude new marketing and distribution agreements, the ability to obtain additional financing in the event that management’s planning targets are not attained, the punctual and full payment of outstanding debts by sales partners and resellers of QSC AG, and the availability of sufficient skilled personnel. ——————————————————————————– WKN: 513700; ISIN: DE0005137004; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hannover, München und Stuttgart 100806 Dez 03