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SpatialNews Press Release

ComROAD - Reinforcement for the division Investor Relations

  • www.comroad.com
    Unterschleissheim (Germany) December 7, 2001 - Stefan Mehler, aged 40, has become the new head of ComROAD AG's Investor Relations division. Holding a degree in business studies, Stefan Mehler has many years of experience in the sectors of financial analysis and communication. His new responsibilities will include all tasks regarding the extension and creation of new relationships with analysts and investors, which, up to now, had to be done by the ComROAD board.

    Before joining ComROAD AG, leading provider worldwide of telematic networks, Stefan Mehler acted as Manager Investor Relations with WWL Internet AG, the online discount broker ConSors and Veba AG. As a qualified DVFA (German Association for Financial Analysis and Investment Counselling) analyst and senior telecommunications analyst with the Westdeutsche Landesbank (Regional Bank of Western Germany), Stefan Mehler has great analytic and communicative expertise in the technological and financial markets relevant to ComROAD's activities.

    Through the new reinforcement for the division Investor Relations, ComROAD AG marks the strategic importance of an open and effective style of communications with the company's shareholders and investors as well as the financial markets and media.

    Says Bodo Schnabel, CEO of ComROAD, "In close cooperation with CEC who have been our communications partner for many years, Stefan Mehler is to strengthen the position of ComROAD AG on the financial market. With his experience in the sectors of share analysis and Investor Relations, Stefan Mehler knows both the needs of investors and what makes analysts tick. He will be one of the company's key players for achieving an open and trusting communication of ComROAD's success story and prospects, making ComROAD shares even more attractive for investors."

    Company information

    ComROAD Aktiengesellschaft, established in 1995, is the worldwide leader for the development and commercialization of telematic networks. Through the integration of globally available technologies such as GPS (Global Positioning System), GSM (Global System of Mobile Communication) and web-based information systems, the company has created a worldwide network of telematic services, already installed in 37 countries. The services include applications in the traffic telematics sector, like security monitoring, fleet management, off-board navigation and road assistance, as well as the provision of communication and information services and web-based office applications for mobile use. Via its headquarters in Unterschleissheim near Munich and further sites in Sarasota, USA, and Hongkong, China, ComROAD ensures the 24/7 operation of telematic control centers in three major world time zones. For the business year 2001, the company, which is listed at the German stock Exchange (Neuer Markt: RD 4), expects a turnover of Euro 95 million. For further information, please visit www.comroad.com.


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    Dec 7, 2001 Jun 26, 2002

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