docdata raises stake in Germany’s Pegasus e-Business

The Internet Service company docdata announced that it has increased its interest from 30% in Pegasus e-Business GmbH in Munster (Germany) by an additional 40% to a majority share interest of 70%. The balance sheet and the income statement of Pegasus e-Business GmbH will be included in the consolidation of docdata starting January 1, 2008.

“We now strengthen our position as Internet Service company in the German market; an important focus area for docdata,” said Michiel Alting von Geusau CEO. “We now offer in the German market a complete service package to our clients who want to be active on the Internet”.

This share transaction results from the complete exercise of the call option agreement between docdata and the other shareholder of the company, which was part of the original sale and purchase agreement for the 30% minority interest acquired by docdata in September 2006.

Pegasus e-Business GmbH realised a revenue of about EUR 2 mln with a positive result for the financial year ended at 31 December 2007. Therefore, docdata’s management expects this acquisition to contribute to docdata’s result from the start of the consolidation per 1 January 2008.

DOCDATA N.V. is listed at the NYSE Euronext since 1997 and exists as two different organisations, docdata and Industrial Automation Integrators.

The Internet Service Company docdata (http://www.docdata.com) is a European market leader with a strong basis in The Netherlands, Germany and the United Kingdom, and exists in four divisions: docdata commerce, docdata payments, docdata fulfilment and docdata media.

Industrial Automation Integrators (http://www.iai.nl) is a high tech engineering company specialised in developing and building machines for very accurate and high speed processing of all kinds of products and materials. IAI delivers clients globally in the sectors of securing and personalising of security documents, processing of packaging materials, processing of solar cells, and processing of other materials (such as motion picture subtitling).