|
XING AG: XING launches advertising on platform
07-11-12
XING AG / Strategic Company Decision 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. ---------------------------------------------------------------------- November 12, 2007 – XING AG (ISIN: DE000XNG8888), operator of the business network XING.com announced that it will incorporate online advertising onto the platform before the end of Q4 2007. This move by XING AG will generate further income in addition to the revenues from its successful subscription-based business model based on the Premium Memberships. XING AG plans to use the additional revenues from Marketplace and advertising to fund further expansion of XING's commitment to continued development and innovation of the platform for all members. Phase one will involve online ads on very select sections of the website. XING AG plans to increase the advertising volume smoothly as relevance to members is refined over the course of the coming year. The rollout of relevant, targeted advertising on the XING platform will be in full compliance with the strict privacy and data protection laws in Germany and the European Union. The online advertisings will not compromise the usability of the website in any way: The advertising partners will have no influence on the platform’s content and operational focus. XING AG will continue to focus its activities on creating value for its members. Important note: This notice contains forward-looking statements concerning company activities, business and member development, financial results of the XING AG and/or the industry in which the company is active. These forward-looking statements can generally be identified by words such as 'estimates', 'assumes', 'expects', 'plans', 'intends', 'predicts', 'targets', 'anticipates', and variations of these words and similar expressions. The forward-looking statements contained in this notice, as well as estimates, opinions, and views of the company or information provided by third parties, are based on current plans, estimates, anticipations, and predictions, and involve certain uncertainties and risks. Therefore, actual future results, developments and trends may differ materially from what is forecast in the forward-looking statements contained in this notice. The company does not assume any responsibility for such risks, and makes no guarantee as to the accuracy and completeness of the assumptions and estimates upon which the forward-looking statements are based, nor does the company or its bodies ensure the correctness of the statements contained in this press release. Information and statistics from external sources should not be interpreted as having been inspected by the company. Neither the company nor its bodies undertake any obligation to update or publicly release any revision to the forward-looking statements contained within this notice. Contact: Patrick Möller Director Investor Relations Gänsemarkt 43 20354 Hamburg Tel. +49 40 419131-793 Fax +49 40 419131-11 investor-relations@xing.com 12.11.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: XING AG Gänsemarkt 43 20354 Hamburg Deutschland Phone: +49 (0)40 419 131-10 Fax: +49 (0)40 419 131-11 E-mail: investor-relations@xing.com Internet: www.xing.com ISIN: DE000XNG8888 WKN: XNG888 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------------- |
||
| previous | ||
| ©2010 DGAP Terms of use | ||