DGAP-News: mic-Participation Wearable Technologies AG enhances Management Team with Ex-Siemens CTO H

DGAP-News: mic-Participation Wearable Technologies AG enhances Management Team with Ex-Siemens CTO Harry Strasser

ID: 225458

(firmenpresse) - DGAP-News: mic AG / Key word(s): Miscellaneous/Miscellaneous
mic-Participation Wearable Technologies AG enhances Management Team
with Ex-Siemens CTO Harry Strasser

01.02.2013 / 17:32

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Press release

mic-Participation Wearable Technologies AG enhances Management Team with
Ex-Siemens CTO Harry Strasser

Prominent enhancement for the management team of the mic investment
Wearable Technologies AG. From the 1st of February 2013, the former Siemens
CTO Harry Strasser will support the Munich/Germany based company with its
expansion and internationalisation strategy in the future market Wearable
Technologies (WT) as Managing Partner. As part of the ISPO 2013, Wearable
Technologies AG will present the latest products and innovations in one of
the fastest growing markets of the sport and healthcare sector.

Munich, 1 February - Wearable Technologies AG, in which listed company mic
AG (ISIN DE000A0KF6S5) holds a 66.7 per cent stake, will enhance its
management team as of the 1st of February 2013 with the experienced
ICT-Manager Harry Strasser (53). The future Managing Partner has been in
international executive roles at leading high-tech companies for over 15
years, most recently as CTO at Siemens AG Communications, Munich and as
strategy and marketing officer at Philips Consumer Communications, Paris.
He has gained comprehensive management and industry expertise in
telecommunications, IT, internet and consumer electronics. At the same time
he will contribute with his entrepreneurial know-how as shareholder and
board member of innovative start-ups and for the market launch of
trend-setting innovations.

'I am glad that, with Harry Strasser, we were able to win an experienced
manager and visionary expert in the area of digital convergence for ICT and




user industries for our management team', explains Christian Stammel, CEO
of Wearable Technologies AG. 'With his expertise in international business
development and his established business network he will play an important
role in our further expansion', expands Stammel. 'Wearable Technologies AG
is, with its marketing and innovation platform, a worldwide leader in a
fascinating trendsetting market. Together, we will further expand this
success story in driving market growth and innovation, and also acting as a
strategic investor'; the new Managing Partner Harry Strasser looks ahead
optimistically.

Wearable Technologies Show: More performance, more safety, more fun!

For more than seven years, the WT conferences organised by Wearable
Technologies have been the networking event of the WT sector and have taken
place in leading locations such as San Francisco, Munich, Taipei and
Beijing. Alongside innovative start-ups, global corporations are also
involved from the semiconductors, telecommunications, consumer electronics,
healthcare and sporting goods sectors. On the 4th of February 2013 the next
WT conference will take place as part of the world's leading trade fair
Sports ISPO in Munich. Once again more than 150 renowned experts from these
sectors as well as representatives of leading venture capital enterprises
are expected at the WT conference which will link start-ups, established
companies, research institutes, investors, designers and students.

Besides the one-day expert conference, as part of the Wearable Technologies
Show the latest products from one of the fastest growing markets of the
sports and healthcare branch will be presented at the ISPO 2013 from the
3rd to the 6th of February 2013. This year the focus is on the themes 'more
performance', 'more safety' and 'more fun in sport'. 'New product
developments in the Wearable Technology sector have been able to
continuously create strong momentum and successful market trends in
previous years. The rapid technological progress paves the way for the
implementation of visionary ideas in ever-smaller intervals of time. This
means that new possibilities clearly improve the safety of many sporting
activities, enhance the performance and the fun', WT CEO Christian Stammel
is convinced.

You can find further information in the Internet at
www.wearable-technologies.com
and from 03.02. - 06.02.2013 directly at the ISPO trade fair stand 231 in
Hall A3, Messe München Trade Fair Centre, Munich.

About Wearable Technologies AG:
The platform 'Wearable Technologies' (WT) is the leading international B2B
marketing platform for technologies that are worn on or near the body.
Since 2006 it has successfully supported companies of all sizes to
establish themselves, market their technology and drive up sales and
distributions. The focus is on the areas of health, sport&fitness,
lifestyle&gaming as well as safety and occupational safety. As a partner
of the most important international trade fairs, organiser of the
world-first WT conference and publisher of numerous publications such as
WTnews, WT was used by over 3000 international companies as a business
accelerator in recent years. mic AG invested in WT AG in 2011 and since
then, WT AG has been a strategic investor in the growing Wearable
Technologies market.

About mic AG:
As a venture capitalist, Munich-based mic AG invests at an early stage in
promising companies in the clean-tech, life sciences, microsystems, optics
and software/IT sectors. With the help of its international network, the
mic Group assists the companies in which it invests to position themselves
rapidly and successfully and supports them in the search for investors to
finance growth. mic AG has been listed in the Entry Standard segment of the
Frankfurt Stock Exchange since October 2006 (Stock Exchange abbreviation:
M3B, ISIN: DE000A0KF6S5). As at 30.06.2012 the company accounted for equity
of 32.0 million Euro or 6.82 Euro per share. You can find more information
about mic AG at www.mic-ag.eu.

Contact mic AG:
Manuel Reitmeier (CFO)
Türkenstraße 71
80799 Munich, Germany
Tel: +49 - 89-286 738 111
Fax:+49 - 89-286 738 110
manuel.reitmeier(at)mic-ag.eu
www.mic-ag.eu
ISIN: DE000A0KF6S5 | WKN: A0KF6S | Symbol: M3B


End of Corporate News

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01.02.2013 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

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Language: English
Company: mic AG
Türkenstr. 71
80799 München
Germany
Phone: +49 (0)89 286738-0
Fax: +49 (0)89 286738-110
E-mail: info(at)mic-ag.eu
Internet: www.mic-ag.eu
ISIN: DE000A0KF6S5
WKN: A0KF6S
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market
(Entry Standard) in Frankfurt


End of News DGAP News-Service
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200402 01.02.2013


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Datum: 01.02.2013 - 17:32 Uhr
Sprache: Deutsch
News-ID 225458
Anzahl Zeichen: 8672

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