PixelNet AG
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Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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– Negotiations with seven potential investors
– First reorganization steps taken in ongoing insolvency proceedings
Wolfen, July 31, 2002 – seven investors have shown an interest in PixelNet AG
within the framework of the ongoing insolvency proceedings. Exploratory talks
with potential investors, both national and international, are taking place at
this time. Interested parties may make an official offer to the temporary
trustee up until August 10, 2002.
At the same time, a rough analysis is being conducted to implement the first
cost-cutting measures. The number of employees, for example, is being further
reduced and a number of operating costs will be reduced by measures such as the
closing of offices.
end of ad-hoc-announcement (c)DGAP 31.07.2002
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WKN: 527980; ISIN: DE0005279806; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
310854 Jul 02
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