RB nr 15/2005

Legal basis: Art. 81 subpar. 1 pt. 2 PPO

The Management Board of MCI Management S.A. informs that on April 11, 2005 it concluded an investment agreement regarding an investment in Comtica Sp. z o.o.
MCI Management S.A. is going to invest 2.5 mln PLN in Comtica Sp. z o.o. shares over 3 years. After the completion of all investment round the estimated shareholding of MCI in the share capital of the Company shall exceed 40%. The investment Agreement stipulate the acquisition by MCI Management S.A. in the first investment round of 150 new shares for the amount of 500 thousand PLN. The purchased shares shall in total account for 20.00% of the share capita of Comtica Sp. z o.o.
The investment Agreement shall entitle MCI Management S.A. to perform the next investment rounds in the years 2006-2007: the second round assumes direct investment of the company and the third round enable MCI to partially purchase the previous branch investor of the Company. The level of investment in the next rounds shall be correlate with the demand of the Company for additional capita and it shall be based on current results of the Company.

Comtica Sp. z o.o. is a developer and integrator of dedicated solutions based on mobile and IT-Internet technologies. The Company concentrates on business processes improvement in medium-sized and large business entities as well as on multimedia solutions integrating the audiovisual content, mobile technologies and interactive TV formats. The company was set up in 2000. Since the very beginning of its operations the growth of the company has been connected with the growth of competences in the area of corporate portals and mobile solutions. The company has a long reference list of clients and projects. In 2003 Comtica was awarded Złoty Bit distinction for the best information circulation product and was qualified by Lockheed Martin for offset program. Since 2004 the company has been successfully developing its product range for the interactive television market – multiscreen.tv. Multiscreen.tv is a technology platform for management of interactive entertainment on TV, mobile telephones and the Internet. The company has reference from the implementation of the platform in Poland (4Fun.TV) and abroad (Kiss.TV). In 2004 Comtica generate 2,227 thousand PLN in revenues from the sale of its own solutions and services.
The strategic objective of the company is the strengthening of its position of the provider of dedicated solutions of corporate portals in Poland and becoming one of the key players on the market of providers of solutions for interactive television in Central and Eastern Europe.
The capital gained from MCI Management S.A. shall be dedicated for further growth of product range of the Company and for financing of the growth of sales in Poland as well as abroad.
MCI Management SA shall play the role of the financial investor actively supporting the growth of the company. The commitment of MCI in Comtica is the result of the following the strategy of the Fund assuming the increase of investment exposure in the area of mobile solutions and services.
Nova Communications Group – a branch investor operating in the market of modern marketing communication services is the majority investor of Comtica Sp. z o.o. In Poland has the following companies belong to Nova Communications Group: Polymus, Arteria, Comtica, Program, Ciszewski PR, Red8 i Synergy – leaders in marketing services.