Impera Total Return AG
Impera Total Return AG acquires stake in global model agency and online social network ModelKarma.com
Impera Total Return AG / Key word(s): Miscellaneous Impera Total Return AG acquires stake in global model agency and online social network ModelKarma.com Fast user-growth and more than 15,000 models in the US, Europe and Asia ModelKarma Joint Venture with Chinese partner Jinti as additional growth driver Frankfurt am Main, 01. August 2012 – Impera Total Return AG (ISIN: DE0005751309) and ModelKarma.com ('ModelKarma'), the world's largest online community and a virtual agency for both aspiring and established models, agreed today on the acquisition of a stake through Impera in ModelKarma. The acquisition took place through the execution of a capital increase. Through this acquisition, Impera gets direct ownership in the market of global-reach and fast growing social networks. ModelKarma (www.modelkarma.com) got founded in 2010 and gathered globally more than 15,000 registered models in the USA, Europa and Asia. Additionally, a joint venture with Jinti (http://mk.jinti.com), one of the largest Chinese social networks with more than 35 million users could be agreed on to successfully cover the fast growing Chinese market as first-mover. Focusing on models, model management and fashion, ModelKarma is positioned in a globally highly demanded niche. With Thomas Zeumer as Co-Founder and CEO of ModelKarma, a true industry titan, previous founder of Metropolitan New York and top model manager with a two decade long track record of amongst others Heidi Klum, Eva Herzigova, Claudia Schiffer and many more top models, is in charge of the operational development of the company. Combining the classical agency business and the interactive social network approach as freemium platform, long-term recurring revenues are the sound financial target of the company. ModelKarma is expected to launch already at the end of the third quarter 2012 its premium platform under www.modelkarma.com to replace its current beta version. 'With the opportunity to invest in ModelKarma, Impera gains ownership in the highly attractive and fast growing sector of global social networks. We are convinced to see ModelKarma growing its user numbers as much as its revenues and profitability in a short period of time through the active ownership approach of Impera', says Sascha Magsamen, CEO of Impera Total Return AG. About Impera Total Return AG: Impera Total Return AG, located in Frankfurt am Main, invests parts of ist assets into the Private Equity sector. The investment approach focuses on small and medium enterprises with established and sound business models. Impera's stock is listed and traded at the exchanges in Berlin, Hamburg and at Frankfurt's Open Market. Contact: Sascha Magsamen, CEO, Tel.: +49 69 788 088 06 21, E-Mail: sam@impera.de, Internet: www.impera.de About ModelKarma ModelKarma is the first integrated online and offline provider of modeling agency services. Founded in 2010 by Thomas Zeumer, the agency's headquarters are in New York. Launched in beta in August 2010, ModelKarma is a new concept to help both novice and professional female models start or advance their careers. Zeumer himself became frustrated, knowing that many women outside New York, Paris and fashion capitals could become models-but they often lacked the knowledge, connections and opportunity to be discovered. ModelKarma.com allows models and aspiring models to sign up for an account. Basic membership is free and lets members upload photos in order to promote and expose themselves to industry professionals and clients on a global base, and be discovered by Thomas Zeumer himself. For more information, visit http://www.modelkarma.com. Contact: Kay Seibert, CFO, E-Mail: investor-relations@modelkarma.com, Internet: www.modelkarma.com End of Corporate News 01.08.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory 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 |
179780 01.08.2012 |