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Board/Management Information • Jan 17, 2008

News Details

Ad-hoc | 17 January 2008 21:11

ARQUES appoints Michael Schumann as new CEO

ARQUES Industries AG / Change of Personnel

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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ARQUES appoints Michael Schumann as new CEO

Schumann, now Executive Board Member for acquisitions, to take over from
Martin Vorderwülbecke on February 1st

Starnberg, January 17, 2008 – The Supervisory Board of ARQUES Industries AG
(ISIN DE0005156004) has appointed Dr. Michael Schumann (46) as new CEO,
succeeding Dr. Martin Vorderwülbecke (47). The appointment will take effect
February 1st, 2008.
The ARQUES Executive Board is now fully staffed by experienced ARQUES
managers. Michael Schumann was given a three year contract. The present CEO
did not accept the offer to extend his contract by at least three years as
this desirable long term commitment was not in line with his personal life
plan.
ARQUES is fully confirming it's outlook for 2007 and 2008, both revenue and
profit wise.
17.01.2008 Financial News transmitted by DGAP

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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
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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