DGAP-News: MAGIX cooperates with Logitech

DGAP-News: MAGIX cooperates with Logitech

ID: 31972

(firmenpresse) - MAGIX AG / Alliance/Contract

12.08.2010 07:31

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Berlin, August 12, 2010 - Logitech (SIX:LOGN; NASDAQ:LOGI) has become the
latest OEM partner of MAGIX AG (FWB: MGX). Logitech products, such as the
new series of HD web cameras, will be distributed in the future with photo
and video software from MAGIX.

'Both companies are united by a common passion for innovation with a clear
orientation to their customer base - Logitech in hardware and MAGIX in the
software sector. Our software will help Logitech to set itself apart from
the competition on the international market. In return, Logitech will
provide us with access to new customers', says Jürgen Jaron, CEO of MAGIX
AG.

Based in Switzerland, Logitech has its roots in mouse and keyboard, and
later web camera manufacture, and has grown to become one of the world's
leading producer of computer accessories, with an annual revenue of more
than $2 billion in 2009. For this reason, cooperation with Logitech makes
global distribution of MAGIX products possible. The package in question is
the video editing program MAGIX Video easy SE and MAGIX Photo Manager, a
program to manage and optimize photos.

'Both products are perfect for beginners because they lead to results
quickly and easily. With Logitech, our programs will find a direct way to
users who otherwise couldn't be reached. As the next step, pure
distribution is crucial for us; from our experience we know that new
customers, as soon as they have gotten to know our products and become
convinced of their quality, will buy higher-valued products with a high
reliability', continues Jaron.





In the course of the first nine months of the current fiscal year, the
number of registered MAGIX users rose by circa 11% to a total of 11.7
million. Over the last twelve months, this increase corresponds to 14%.
Conversion rate was 6.4%. This means that 6.4% of registered customers
bought a MAGIX product in this time period. The average price was EUR
21.68.


About MAGIX

MAGIX is an internationally operating provider of software, online services
and digital content for using multimedia products and services for personal
and business communication, and is listed on the Prime Standard of the
German stock exchange. MAGIX offers private and professional users a
technologically demanding and at the same time user-friendly offer range of
products for designing, editing, presenting and archiving digital photos,
videos, music, documents and websites.

Measured by retail sales figures, MAGIX is the market leader in the field
of multimedia software in Germany and in the most important European
markets, and it also counts in the USA as one of the country's most
successful market participants. 15 years of market activity and more than a
thousand awards worldwide are proof of the company's innovative power.

15 years MAGIX - 15 years innovation with passion


MAGIX AG, Friedrichstr. 200, 10117 Berlin
ISIN: DE0007220782
Regulated market in Frankfurt (Prime Standard)

You can find further information and online photo material at our press
center (http://www.magix.com/us/magix-ag/press/news-press-releases/), or
receive them directly from our press team.

Kontakt:
Dr. Sven Reichardt
MAGIX AG
Tel 030-29392280
Fax 030-29392415
ir[at]magix.net





12.08.2010 07:31 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: MAGIX AG
Friedrichstraße 200
10117 Berlin
Deutschland
Phone: +49 (0)30- 29 39 2-280
Fax: +49 (0)30- 29 39 2-415
E-mail: ir(at)magix.net
Internet: www.magix.com
ISIN: DE0007220782
WKN: 722078
Indices: Prime Software, Prime IG Software
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Düsseldorf, Berlin, Stuttgart

End of News DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 12.08.2010 - 07:31 Uhr
Sprache: Deutsch
News-ID 31972
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