Infomatec AG
Ad hoc-Service: Infomatec AG english
Ad-hoc announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Augsburg, 20 February 2001 – Infomatec IIS AG, Augsburg, (Securities ID Code
622200) cross-suits MobilCom AG, Buedelsdorf, for damages. The suit was filed at
the district court of Augsburg. The initial claim is for DM4.6 million with
total damages amounting to DM9.5 million. The action developed in the context
of an agreement closed between the two companies in May of 1999 on the delivery
of JNT-Surfstations. Infomatec claims MobilCom AG did not meet its commitment to
order 100,000 Surfstations as publicly announced on numerous occasions.
MobilCom AG accepted 14,000 devices only. The expenditures incurred in
preparation of handling such a bulk order, and the impression that was created
in the public of Infomatec making incorrect statements on orders received,
resulted in hardly recoverable damages for Infomatec IIS AG. Now MobilCom shall
at least compensate Infomatec IIS AG for the material damages incurred.
Mobilcom AG in turn is claiming nullification and damages from the contract on
the delivery of 14,000 Surfstations. MobilCom AG assesses the monetary value of
its claim to DM11 million.
More information: Benno Wiederkehr, Investor Relations (+49-821-7491475), or
Jürgen Schulze, Press Relations, (+49-821-7491518), E-mail: aktie@infomatec.de
or presse@infomatec.de
end of Ad hoc-announcement, (c) DGAP 21.02.2001
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WKN: 622200; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
210955 Feb 01
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