Snuko PLC
Snuko PLC: SNUKO plc will distribute its anti-theft software exclusively at Media Markt and Saturn

Snuko PLC / Key word(s): Miscellaneous

19.01.2011 / 13:00

Snuko plc with its subsidiary Snuko UK Limited signed a Memorandum of
Understanding (MOU) with VUD GmbH, Dornach and Livenca AG, Starnberg with
respect to the exclusive distribution of Snuko's anti-theft software in
Germany, Austria and Switzerland.

VUD GmbH has more than 60 field staff and is of one of the leading software
sales-service companies in Germany. VUD is the German partner for market
leaders such as Symantec, Seagate, Acronis and Nero. Its sister company,
Comscent GmbH distributes Abbyy, Bitdefender and Parallels. Comscent has a
distribution partnership with Ingram Micro, the largest IT distribution
company in the world.

Livenca AG, based in Starnberg is a venture capitalist, who invests in
promising young companies.

For the exclusive distribution of Snuko's the anti-theft software in
Germany, Austria and Switzerland,  Snuko plc, VUD GmbH and Livenca AG
agreed to set up 'Snuko Germany AG'.

Historically the most important markets in Europe for new  software
introduction are Germany, Austria and Switzerland . Successful software
products were nearly  always first introduced in Germany. The retail
systems are particularly well developed here. The market leader is Media
Markt / Saturn, which holds a dominant position.

Media Markt / Saturn has agreed that this innovative and outstanding
product will be listed into its product range in Q 1 2011.

Media Markt / Saturn as a market leader, will be given an exclusivity phase
over the period of 6 months in the German speaking countries.

Mr Sigi Pfeffer founder of VUD GmbH and ComScent GmbH, will be a superb CEO
of 'Snuko Germany AG'. He offers the company over 30 years of hardware and
software distribution experience.

Mr Pfeffer commented on the MOU as follows:

'VUD GmbH are being offered constantly new software products for
distribution.The vast majority of these products are not unique. It makes
no sense for us to sell another anti-virus program.
The Snuko software was immediately eye-catching, as something really
special. This product is something new and very useful. The feedback we got
from the retailers was very encouraging indeed.
Therefore, we decided at VUD not only to sell and distribute , but also to
invest in SNUKO Germany AG.
We are very confident that we have made the right decision.  Livenca AG as
a financial partner will support a high marketing budget. '


Mr. Carlos Bevenuti, CEO of Snuko plc, is also extremely pleased with the
MOU:

'With the signature of the MOU Snuko plc achieved an important milestone
for its future business development.
AT Snuko Germany AG, we will now for the first time build a retail business
systematically. The presence of our products in the shops is crucial to
help us increase  brand awareness of Snuko's anti theft software. We are
very proud that SNUKO will initially be exclusively presented by Media
Markt und Saturn Media.


** END OF PRESS RELEASE **

Snuko plc is an independent, stock exchange listed manufacturer of
software.
 
This news release may contain certain forward-looking statements,
expectations, intentions, strategies and beliefs regarding the future. All
statements contained herein are based upon information available to the
management of Snuko plc as of the date hereof, and actual results may vary
based upon future events, both within and without the control of the
management, including risks and uncertainties that could cause actual
results to differ materially.

Management does not take any responsibility to update the contents of this
News Release in case new aspects arise or new conditions change the facts
available.


Snuko plc, 33 Clarence Street, Southend-On-Sea, Essex SS1 1BH, United
Kingdom. www.snukoplc.com


ISIN GB00B61F4148,WKN A1CU1R,
 
Exchange: Vienna stock exchange, Frankfurt Stock Exchange


End of Corporate News

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109412 19.01.2011