Amitelo AG
Amitelo AG: Close Brothers Seydler AG becomes designated sponsor of AMITELO AG
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Zurich, 28 September 2006. In the Close Brothers Seydler AG securities
trading bank, AMITELO has been able to gain a renowned designated sponsor.
The aim of this cooperation is to increase the liquidity of AMITELO’s
shares, to increase the level of awareness, to focus on addressing
institutional investors and, in the longterm, to prepare for higher market
segments.
Following the recently published investment by the London Investment Funds,
Navigator Investments Holding IX Limited to the tune of € 7,5 million,
AMITELO has gained a further key strategic partner with the Close Brothers
Seydler AG broker-dealer. In future, Close Brothers Seydler AG, represented
alone in Frankfurt/Main with more than twenty share traders will become an
additional designated sponsor of AMITELO – along with RG Securities AG,
Frankfurt/Main, that has accompanied the flotation of AMITELO.
Close Brothers Seydler AG and AMITELO will commence their cooperation on
October 2nd this year.
Close Brothers Seydler AG is a subsidiary of Close Brothers Group PLC,
London listed on the London Stock Exchange. With approximately 2,400
employees it is among the 200 largest enterprises and has a market
capitalisation of two billion euros.
Close Brothers, founded in the City of London 125 years ago is a renowned
and independent merchant bank. Apart from an excellent network of contacts
to investors the group offers a wide spectrum of financial services. These
include Asset Management, Banking, Corporate Finance and Market Making. The
company is additionally represented in Europe, namely in Paris, Madrid,
Milan and Zurich. Close Brothers Seydler among other things concentrates on
market making for small and mid caps and is thus the ideal partner for
AMITELO.
About AMITELO AG:
AMITELO AG (www.amitelo.ag), with registered office in Zürich, is an
internationally operating and innovative technology enterprise that is
active in the strong growth areas of the telecommunications sector such as
VoIP, Sky-DSL, ADSL, Billing, Call Centers.
The focus of its entrepreneurial activity is on internet telephony (VoIP)
and other telecommunication technologies for operation in various regions
in Europe and Africa. New global markets are expected to be tapped in the
near future. AMITELO AG is pursuing an offensive strategy of growth in
which organic and inorganic growth are very closely linked as a means of
achieving the planned sales and revenue targets.
(c)DGAP 28.09.2006
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