DCI AG

Regulatory Filings • Dec 11, 2001

News Details

Ad-hoc | 11 December 2001 20:40

DCI Database english

DCI AG continues cost-cutting Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– DCI AG continues cost-cutting Merger of subsidiaries bonitrus AG and TPP GmbH Starnberg, Germany – 11 December 2001. In line with its lean cost management strategy, DCI has restructured the DCI Group, amalgamating the independent subsidiaries bonitrus AG and TargetPress Publishing GmbH (TPP) with DCI AG. The new structure will be effective as of 1 January 2002. The company anticipates that these integration measures will save at least one million euros during the coming fiscal year. The move marks DCI’s intention to concentrate on more profitable core lines of business with a view to reaching break-even earlier than originally planned. A sluggish e-commerce market is impacting heavily on services that focus on the current and future needs of online traders. To reflect current market dynamics, DCI has therefore decided to consolidate bonitrus’ secure e-commerce portfolio within DCI AG. TPP has also been incorporated into DCI AG along with its media products (DCI Highlight Fax, DCI HotSpots). Due to the general decline in demand for advertising space, the e-business magazine ‘webtrade’ published by TPP will be discontinued as of the December issue. end of ad-hoc-announcement (c)DGAP 11.12.2001 ——————————————————————————– WKN: 529 530; ISIN: DE0005295307; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 112040 Dez 01