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The Edipresse Group and Compagnie Financière Tradition join together in the capital of Infotec SA

September 24 2002 - Edipresse Group

The Edipresse Group is acquiring 70% of the capital of Infotec SA.

The Edipresse Group is acquiring 70% of the capital of Infotec SA, a company which is based in Geneva. It is taking over the founder's holding, together with a majority of the shares of the current main shareholder Compagnie Financière Tradition, which will remain a minority partner. Terms of the transaction are confidential.

Infotec SA is active in the financial information area and has a turnover in the region of CHF 10 million. It offers innovative solutions to its customers, based in particular on web technology.

This transaction enables Edipresse to strengthen its expertise in electronic content distribution and in state-of-the-art technology (notably real time streaming applications).

Infotec will be managed as a standalone business unit within the Edipresse Group.

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For further information

Edipresse Group
Jean-Claude Marchand
Phone +41 (0)21 349 45 04

Compagnie Financière Tradition
Ghislaine Mattlinger
Phone +41 (0)21 343 55 55

Edipresse Group
Communication
33, avenue de la Gare
CH - 1001 Lausanne
Phone +41 (0)21 349 42 01
Fax +41 (0)21 349 42 22

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