Tiptel AG
Tiptel AG: Conclusion of Creditors’ Meeting
TIPTEL AG / Miscellaneous Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Ratingen, August 23, 2007 – In the insolvency proceedings regarding assets of TIPTEL AG, Ratingen, and Deutsche Fernsprecher GmbH, Marburg, the creditors' meeting was held on August 22, 2008. Following liquidation provisions were approved: 1. Acquisition of parts of capital and circulating assets as well as takeover of 68 employees by Coronex Electronic GmbH located in Ratingen. 2. Tiptel.com GmbH Business Solutions, also located in Ratingen, takes over parts of capital and circulating assets, trademark rights, as well as 36 employees. 3. The corporations Tiptel GmbH, Vienna (Austria) and Tiptel AG, Regensdorf (Switzerland), are also taken over by Tiptel.com GmbH Business Solutions. 4. Capital and circulating assets as well as the employees of Deutsche Fernsprecher GmbH, Marburg, will be new part of Funke & Huster Fernsig GmbH located in Muehlheim/Ruhr. Takeovers as stated above will be effective as of September 1, 2007. TIPTEL AG as a legal entity will not be affected by these takeovers. As contract manufacturer Coronex Electronic GmbH manufactures electronic equipment and provides services in support, customer-service and logistics. Tiptel.com GmbH Business Solutions will continue merchandising the core range of products of TIPTEL AG and concentrates on R&D, Marketing, and Sales of information technology equipment and technical solutions in telecommunication. TIPTEL AG Halskestraße 1 D - 40880 Ratingen ISIN: DE0007483604 Listings: Regulated market in Düsseldorf and Frankfurt (Prime Standard); Open market in Berlin, Bremen, Hannover, and Stuttgart Contact: Tiptel AG Tel: +49 (0)2102/428-215 Fax: + 49 (0)2102/428-210 E-Mail: vorstand@tiptel.de 23.08.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: TIPTEL AG Halskestraße 1 40880 Ratingen Deutschland Phone: +49 (0)2102 4280 Fax: +49 (0)2102 4281-0 E-mail: info@tiptel.de Internet: www.tiptel.de ISIN: DE0007483604 WKN: 748360 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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