World2U Media AG
Presentation of the annual results for the business year 2006 and invitation to the annual general meeting of World2U Media AG
World2U Media / 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. ---------------------------------------------------------------------- Presentation of the annual results for the business year 2006 and invitation to the annual general meeting of World2U Media AG Hünenberg, July 27, 2007. World2U Media AG (Berlin and Frankfurt stock exchanges: WKN A0D8V0) based in the Swiss town of Hünenberg, today presented the annual results for the business year 2006. Accordingly, World2U Media AG concluded the financial year having ended December 31, 2006 with a turnover of EHF 28,694 and a loss for the year of CHF 1,430,526.91. The deficit which has augmented in comparison to the previous year resulted from the increased costs for the development and market launch of the MoRIs Systems (Mobile Remote Information System) which was exclusively developed and marketed under licence by World2U Media AG. As a consequence, the ensuing reduction of the company results could not be balanced by the company's increased sales activity. The sales trend thus fell short of the administrative board's expectations. The crossing of the break-even threshold is accordingly only to be expected in the fiscal year 2008. By virtue of enhanced marketing activities and increasing cooperations for the marketing of the MoRIs systems, the company expects a considerable stimulation of the sales as early as the current year 2007 and a further increase of the company results in 2008. At the same time, World2U Media AG announces that the annual general meeting 2007 (regular general meeting) will take place on August 17, 2007 at 3.00 p.m. in the Neuheim hall of Parkhotel Zug in Zug, Switzerland. Shareholders who wish to participate in the general meeting or who wish to be represented there, can receive their admission tickets together with the voting documents from World2U Media AG on depositing - by August 8, 2007 at the latest - the bearer shares at the company seat in Hünenberg or on submission of a bank confirmation stating that these shares are kept in the securities account of this bank, that they are blocked and cannot be sold until August 18,2007. The bearer shares remain deposited until one day after the general meeting. Admission tickets will not be issued any more after August 8, 2007 and especially not on the day of the general meeting. Shareholders who do not participate in the general meeting in person can be represented there. Please find the corresponding details in the agenda of the shareholders' meeting. In addition, shareholders and interested parties can view the business report for the business year 2006 at the company seat. At request, World2U Media AG also sends a copy of the business report as well as the agenda of the regular shareholders' meeting to interested parties and shareholders. World2U Media AG is a Switzerland-based internet and IT services company offering services on the internet from two company-owned platforms and developing and marketing new tools and services for IT calculation systems as well as for greater ease and usability when handling the internet. Interested parties will find further information at www.w2u.ag and www.moris2u.ch Contact: World2U Media Deutschland GmbH, Bismarckstrasse 104, 41061 Mönchengladbach, Germany Dr. h.c. Dieter E. Ruehl, Managing Director; Tel.: + 49 (0) 2161 247 84 12 E-Mail: info@w2u.ag Items on the agenda of the regular general meeting of World2U Media AG on June 20, 2007: 1. Annual report, financial statement and acceptance of the report of the auditors 2. Discharge of the administrative board and the company management 3. Alteration of the purpose of the company 4. Alteration of the share capital 4.1 Repeated creation of an authorised capital of CHF 146,400 and cancellation of the previous authorised capital of CHF 101,400 4.2 Creation of a conditional capital of CHF 146,400 and cancellation of the previous conditional capital of CHF 67,600 5. Re-election of the members of the administrative board 6. Election of the auditors DGAP 27.07.2007 ----------------------------------------------------------------------
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