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XING reports over a half a million paying customers
08-09-10
XING 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. ---------------------------------------------------------------------- Hamburg, Germany, September 10, 2008 – XING AG (ISIN: DE000XNG888), operator of XING – the leading network for business contacts in Europe – has exceeded the 500,000 mark of Premium Members and added approximately 140,000 net new payers in the first eight months of this year. This revelation comes after the half-year results 2008 showed that the company had tripled its profits and doubled its revenues. The high rate of customer satisfaction is clear evidence of the sustainability of this business model. More than 75 percent of all paying members are still XING Premium Members three years after they register. Import notice: Provisional financing figures and proforma figures subject to confirmation The results and figures published in this notification are unaudited and have been determined by the company on the basis of provisional financial statements and the previous financial statements for the specified periods so that a better comparison can be made and exceptional factors can be presented; some of the figures have been calculated on a proforma basis. The provisional financial figures are subject to changes when the financial statements are audited. Although, in the opinion of XING AG, the proforma figures reflect the current status of the company and the direction of development of general business, the proforma figures may not precisely reflect this status and direction of development. Cautionary note regarding forward-looking statements: This notice contains forward-looking statements concerning XING AG, its subsidiaries, and economic and political conditions that could influence the performance or operations of XING AG. These forward-looking statements are based on assumptions made by the management of the Company in accordance with the information available to it at the time. A variety of different factors could lead to actual results, trends and conditions that differ significantly from the forward-looking statements contained in this notice. The Company does not assume any liability for this eventuality and cannot guarantee that the information upon which the forward-looking statements are based is correct and complete, nor is the Company, its subsidiaries and affiliated companies liable for the future correctness of the statements outlined in this notice. Contact: Patrick Möller Director Investor Relations Gaensemarkt 43 20354 Hamburg Germany Tel. +49 40 419131-793 Fax +49 40 419131-11 investor-relations@xing.com 10.09.2008 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 --------------------------------------------------------------------------- |
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