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YOC AG Earnings Release 2008

Apr 22, 2009

497_rns_2009-04-22_926947c1-f731-4b5b-8448-90a183509a67.html

Earnings Release

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News Details

Corporate | 22 April 2009 10:00

YOC AG continues fast growth

YOC AG / Final Results

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.


* Stronger sales growth than planned
* Uplisting to the Prime Standard planned
* Mobile marketing is becoming increasingly important
* Positive outlook for 2009

Berlin, 22. April 2009. YOC AG (ISIN DE0005932735, YOC) and its
subsidiaries (known together as the 'YOC Group') achieved rapid growth and
a substantial increase in earnings in the 2008 financial year: sales
doubled to EUR 23.6 million and Group EBITDA increased from EUR 0.1 million
to EUR 2.1 million. This means that the company grew faster than expected
last year.

Implementation of a large number of strategic measures in the core
business, development of the acquired companies as planned and realisation
of economies of scale thanks to the standardised technology platforms led
to a considerable improvement in profitability.

Dirk Kraus, CEO of YOC AG: '2008 was a very successful year for YOC-Group.
We managed to enhance our technological and market leadership and to
increase profitability at the same time. Day in, day out more people are
using the mobile Internet. As a result the mobile is getting more and more
attractive as a medium for advertising, information and transactions.
Therefore we are confident to further participate in this development in
the future, in Germany as well as abroad.'

CFO Dr Jürgen Wolff adds: 'The large increase in our earnings and EBITDA in
the last financial year reflects the fast development of the YOC Group. The
significant increase in sales is based not only on organic growth in the
core business but also on the successful acquisitions. On top of this,
systematic exploitation of efficiency potential led to a disproportionately
large increase in corporate earnings.'

The YOC AG share price has followed the successful economic development of
the company. To broaden the shareholder base and to increase share
liquidity, the company is aiming to switch to the Prime Standard segment of
the stock market in the near future.

Dynamic growth market

Mobile use of the Internet increased again substantially last year. It is
estimated that 29 per cent of all mobile phone users will already be taking
advantage of mobile Internet access in 2009. An increase to 40 per cent is
expected by 2012. Reallocation of marketing budgets to digital media in
general and to mobile channels in particular is therefore a logical
response to this development. The core business of the YOC Group - mobile
marketing - recorded disproportionately high growth of 70 per cent over the
previous year in 2008 as a result.

Outlook

The Management Board of YOC AG is confident that it will be able to
continue expanding the YOC Group's position as market and technology leader
in future. The ongoing trend towards reallocation of advertising budgets
from classic advertising media to digital advertising is the basis for
further market growth. The YOC Group is convinced that it will succeed in
continuing to develop positively in 2009, primarily because of the steadily
increasing customer base.

About the YOC Group

The YOC Group is one of the leading European mobile marketing providers. As
a full-service supplier, YOC uses mobile phones for advertising,
information and transaction purposes. In addition to mobile marketing, YOC
operates in the affiliate marketing and mobile B2C services sectors. YOC
had 145 permanent employees in the 2008 financial year, when it generated
sales of EUR 23.6 million. The company operates in Germany, has further
locations in Brussels, Vienna, London and Paris and intends to continue
growing internationally.

The complete YOC AG annual report is available in the Internet at
www.yoc.com with immediate effect.

Information about the company: www.yoc.com

Contact:
Frau Nina Mecklenburger
Corporate Communications
Karl-Liebknecht-Str. 1
10178 Berlin
Fon: 030 726162- 161
Fax: 030 726162-222
E-Mail: [email protected]

22.04.2009 Financial News transmitted by DGAP

Language: English
Issuer: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Deutschland
Phone: +49 (0)30-726 162 201
Fax: +49 (0)30-726 162 222
E-mail: [email protected]
Internet: www.yoc.de
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf

End of News DGAP News-Service