New Shareholder Structure at ClickandBuy
(Thomson Reuters ONE) - Norbert Stangl, founder and chairman of the supervisory board ofClickandBuy, sells his shares in FIRSTGATE Holding AGLondon/Zug, 28 August 2009 - Norbert Stangl, founder and formerlymajority shareholder of the ClickandBuy group, has sold his stake inthe parent company, FIRSTGATE Holding AG, Zug, to his co-shareholdersT-Online Venture Fund, Intel Capital, and two Swiss family offices.Confidentiality regarding the acquisition price was agreed. The newChairman of the Supervisory Board is Dr. Peter-Paul Stengel, who hasactively supported the company at supervisory board level since itsestablishment.Stangl, who founded ClickandBuy at the end of 1999 and within eightyears made the company a leading European internet payment service,is happy about things: "ClickandBuy is the only payment service, nextto PayPal, to manage to play a leading role in the internet paymentmarket at international level."Stangl adds: "Over the last few years, ClickandBuy has developed intoa well-established company: With a transaction volume of over onebillion euros, 12,000,000 end customers, and more than 14,000merchants, ClickandBuy has acquired a sound position in the internet.These are merely some of the many reasons why renowned sellers suchas iTunes, Musicload, Redcoon, AOL, Autoscout 24, and Electronic Arts(EA) etc. place their trust in the service expertise and wideexperience of ClickandBuy. But speaking for myself, after 10 years onboard, it's time for me to do something new. With Charles Fraenkl,Group CEO of ClickandBuy at the helm and flanked by financiallypowerful investors, the company's future is in good hands."The new and previous shareholders wish to push the development ofClickandBuy along and, to this end, seek strategic cooperations withrenowned international e-commerce companies. Patrick Meisberger, FundManager T-Online Venture Fund, comments: "ClickandBuy has enormouspotential. We are convinced of our growth prospects. ClickandBuy isthe clear alternative to PayPal, and with customers such as AppleiTunes or McAfee, we are very soundly positioned."Norbert Stangl, internet pioneer and serial entrepreneur, havingalready established Strato AG in Berlin, has written internet historyfor a second time with ClickandBuy. Stangl's new project is alsolikely to be very successful: Via the platformwww.MarmaladeTunes.com, Stangl offers internet surfers thepossibility of automatically recording thousands of music titlesplayed on what are meanwhile more than 20,000 internet radios and, asMP3s, transfer these titles to the PC or mobile media players. Thisis legal, says Stangl, as opposed to file sharing networks.MarmaladeTunes costs ?2.99 per month and, how else could it be, ispaid for via ClickandBuy exclusively throughout Europe.About ClickandBuyClickandBuy is one of the leading payment services in the internet.The international full-service e-payment and billing provider has hadits most successful year in its company history. Having doubled saleswith dealers and end customers (= total transaction volume) to?922 million in 2008, the ClickandBuy Group seeks to achieve similargrowth in 2009. Over 14,000 providers use ClickandBuy for theire-commerce, retail, online entertainment, and paid content billing,including Apple iTunes, Electronic Arts (EA), T-Online Gamesload,Softwareload und Musicload, Medion, AOL, Telefónica, Orange, Tiscali,Redcoon, Home of Hardware, Nero, SanDisk, Meetic, Parship,AutoScout24, ADAC, RTL, MTV, Playboy, and Foto.com, etc. Online shopscan benefit considerably by using ClickandBuy, increasing their salesby 150%, according to the latest survey conducted byE-Commerce-Center Handel in Cologne (ECC). The internet paymentservice founded by Norbert Stangl in 1999 is operated by ClickandBuyInternational Ltd. As an e-money institution licensed by the UK'sFinancial Services Authority (FSA), ClickandBuy offers its customers47 national and international modes of payment throughout 30countries.ClickandBuy - Media ContactsAndreas Horst * Director Corporate Communications * ClickandBuyInternational Ltd. * Lincoln House 137 / 143 Hammersmith Road *London * W14 0QL * Phone: +44 (0) 20 7605 06 84 *E-mail: andreas.horst(at)clickandbuy.com * www.clickandbuy.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 28.08.2009 - 14:01 Uhr
Sprache: Deutsch
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