CHRONEXT AG
The Chronext website relaunch, introducing new features, has been successful

(DGAP-Media / 21.01.2014 / 10:29)

The start-up founderss have made a big step towards internationalization

The e-commerce start up Chronext AG (www.chronext.com), specialized on
buying and selling luxury watches, offers a completely new platform. The
Chronext team has been working on the new version for the past six months
developing intelligent features. The most popular new tools for users are
'new arrivals', 'most viewed brand' and 'most viewed watch', currently
being the Patek Philippe Sky Moon Tourbillion, with a selling price EUR1.25
million.

'While working on the new website we have been paying a lot attention to
the feedback of our customers to create a very harmonic user experience',
said Philipp Man, CEO of the Chronext AG. Chronext now provides an
international usability comfort to the customer by implementing the new
tools and features. 'With the new version of our platform we have come a
lot closer to our aim, to offer the perfect buying experience. Our online
presence reflects our ambition, to be the online equivalent of a luxury
boutique', said Ludwig Wurlitzer, CTO of the Chronext AG.

Chronext has opened an office in London and incorporated the wholly owned
subsidiary Chronext LTD in the UK, to complement Germany and Switzerland in
its current growth phase. Another branch in New York is going to follow in
2014 in order to service all of the international watch markets. The
founder's ambition to expand stems from the fact that they would like to
appeal to watch lovers world wide, to prove that watches are not only
pieces of jewelry, but that they can be a safe investment for the future.

Moreover, Chronext proudly announced Frank Heberger (Head of IT,
Purchasing, Infrastructure and Strategic Repositioning of EnBW AG) as a new
member in its advisory board. With immediate effect he will be consulting
Chronext on matters of strategy, market development and organization. In
addition to Frank Heberger, further members of the advisory board are Dr.
Patrick Adenauer (Managing Partner of Bauwens Group ), Manfred Engelking
(board member of the AXA Group AG, in charge of the Personnel Department,
Central and Medical services) and the London based private equity fund
manager Robert M. Luke (co-founder and Managing Director of GED Capital).


About Chronext:
Founded by Philipp Man and Ludwig Wurlitzer, Chronext AG (www.chronext.com)
has officially been founded in 2012 to participate in the international
watch trade. The e- commerce company is specialized on buying and selling
luxury watches. Chronext covers the DACH region as well as the UK with
branches in London, Cologne and Zug (Switzerland) and ensures a fast and
safe service. The core concept of Chronext encompasses the simplification
of the highly complex structures of the watch market, so that private
individuals are able to buy and sell any watch at any time at the best
price, irrespective of having to worry about safety issues.


End of Media Release

---------------------------------------------------------------------

Issuer: Chronext AG
Key word(s): Enterprise

21.01.2014 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


248846 21.01.2014