PixelNet AG
PixelNet AG english
PixelNet AG (WKN 527 980) concludes cooperation agreement with Kodak
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Wolfen, December 4, 2001. PixelNet – market leader in the sector of internet
based photographic services and parent company of Photo Porst AG – has signed an
extensive cooperating agreement with Kodak GmbH (Stuttgart). The articles of
the agreement will be valid for a duration of five years (beginning on January
1, 2002) and encompass the areas of product sales of Photo Porst, digital
solutions, as well as analog photo services and Picture CD.
In addition, the partners have agreed upon a common internet platform based on
PixelNet AG technical solutions. Both companies plan to optimize their
infrastructures in order to be able to effectively serve the expected rise in
the volume of digital images. Germany and Western Europe will be the focal point
of the cooperation in the digital image service sector. Kodak has agreed to
provide additional financing in the millions DM to ensure market-technical
support.
This cooperating agreement will enable PixelNet AG to accelerate its growth
strategy in the digital image sector.
Both contract partners will present further information within the framework of
a joint press conference, which will take place in Stuttgart, Germany on
11 December 2001, starting at 10 am.
end of ad-hoc-announcement (c)DGAP 04.12.2001
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
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Brigitte-M. Pollerspöck in Investor Relations will be glad
to answer any further inquiries.
Tel: +49 (0) 8546-9709-273, e-mail: investor@pixelnet.de.
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WKN: 527980; ISIN: DE0005279806; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München, Hannover und Stuttgart
041808 Dez 01
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