DGAP-News

EQS Group Takes Over TodayIR

EQS Group AG / Key word(s): Acquisition/Strategic Company Decision

14.04.2014 10:00

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

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EQS Group Takes Over TodayIR
EQS Asia becomes a leading provider in Hong Kong

Munich / Hong Kong - 14.04.2014

EQS Group (ISIN: DE0005494165) has acquired 100% of the shares of Online
Investor Relations- and news service provider TodayIR Holdings Limited
(TodayIR) paving the way for further growth in Asia. Serving around 400
clients TodayIR is one of the leading providers for Online Investor
Relations in Hong Kong and emerging in other Asian capital markets.

TodayIR designs and manages IR websites, produces webcasts and operates the
important finance information portal www.todayir.com. Furthermore, TodayIR
possesses a license of the Chinese Information Authority for the
distribution of financial news to Chinese media. During fiscal year 2013/14
TodayIR has achieved revenues of approximately EUR 1.4 million generating a
positive operating result. The purchase price is about EUR 4.5 million. One
third of the financing is provided by own capital resources and two thirds
from an acquisition loan provided by Commerzbank Munich. A capital increase
is not required.

Achim Weick, EQS Group AG's CEO stated: "We are very pleased to swiftly
gain a significant market position in Asia by the acquisition of TodayIR.
This is entirely in line with our strategy to become a leading
international provider."

Founded by Terry Chau and Vicky Pang, TodayIR has been active on the Asian
market from 2007. TodayIR has around 40 employees at the Hong Kong
headquarters and the other subsidiaries in Shenzhen, Singapore and Taipei
(Taiwan). TodayIR has excellent access to issuers planning an IPO in Hong
Kong, around 700 companies strive towards the Chinese stock market.

Terry Chau, TodayIR's Founder and Managing Director stated: "With EQS Group
we have found a strong global partner to successfully further develop our
Online Investor Relations business and to offer our current and prospective
clients numerous new solutions and products. I am looking forward to
contributing my expertise and market knowledge in the coming years as part
of the Management-Team."

Marcus Sultzer, Managing Director EQS Asia, stated: "It is our goal to
become the no. 1 service provider for Online Investor Relations in Asia.