Profitable Company
The annual general meeting of the FIDOR AG: the Management Board presented the key points of the current and future development of positive operational development / corporate value development in the focus / positive feedback of the shareholders of Munich, August 7, 2008 within the framework of the 2nd ordinary general meeting as a stock market-listed company. “The FIDOR group”, so Martin Kolsch, CEO of FIDOR AG, is still rapidly growing and at the same time investing in the future. In the concentrated a number of particularly innovative, Web-based sales and community approaches the topic of financial services successfully.” Essential driver of operational business performance is the Zieltraffic AG (www.zieltraffic.de), a 100% subsidiary of the FIDOR AG. This company benefits greatly by the increasing development of online marketing, in particular of search engine marketing. Banks and insurance companies have realized that to get 70% of prospective customers before completing a financial decision in the Internet (E.g.
via Google search). For this reason, it is necessary to be optimally present in this online segment for financial service providers. Leading retail banks to cooperate with Zieltraffic AG. The half-yearly report will be published until the end of August. The future is taking shape to base of the FIDOR development 2.0 financial platforms represent a range of web.
Including the together-more money community located among other things”(www.fidor.de), a platform that allows users the quick answer and solution of financial issues. The Borsen(Spiele)Plattform combines the topics fun and stock exchange and is currently growing with approximately 100-200 users per day. By year end, the FIDOR AG these offers, as well as two more innovative financial services will have expanded and established. Objectives unless, as the Board of Directors Matthias Kroner, to attract a 5-digit number of financial interested users in the short term on these platforms. In doing so, each platform will be developed specifically in relation to the behavior of the user and to completely cover the relevant user types. Business performance in the The policy of the FIDOR focus in addition to profitable revenue growth targets to attract existing customers. By building communities and Bank was a bank license planned a web 2.0 startup seeks FIDOR will win customers, whose life time will form a key component of the company’s value value. All resolutions of the general meeting the shareholders of positive feedback a present and valid with the presence of 58,96% of the share capital with only individual votes against and were nearly 100% on. Newly elected to the supervisory board Mr. Dr. Christian Becker is specialized as a lawyer on company law and capital market law. The discussion of the items on the agenda was very constructive; Shareholder representatives praised the work of the Board and expressed some regret that the share price currently does not reflect the positive development of the company”. About FIDOR AG: The FIDOR AG (www.fidor.de) is a fast-growing sales in the retail financial services market. The FIDOR subsidiaries include The piggy bank AG (www.sparschwein.a g) and the internationally-based online marketing agency Zieltraffic (www.zieltraffic.de). To make with future trends, the FIDOR AG in addition to operations manages the units (financial evolution) SICAV-FIS. This Fund invests in innovative, sales-oriented and rule-breaking Internet and financial services concepts.
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