2009年12月16日星期三

XING AG - XING AG hires Chief Technical Officer (CTO), expands Executive Board to four members

Hamburg, February 06, 2009 – Acting aloft a appeal of the accepted Executive Board to add a fourth member, the Supervisory Board of XING AG (O1BC/ISIN DE000XNG888) has voted to aggrandize the Executive Board to cover a Chief Technical Officer. Consequently Michael Otto, 37 years of age, has been appointed CTO, and will accept albatross for the development of technology and the accomplishing of new appearance on the XING platform. Mr. Otto, who is currently managing administrator of Hamburg, Germany-based epublica GmbH, a technology company, has been alive with XING AG back 2003. Mr. Otto and epublica GmbH accept been active in the abstruse development of xing.com, Europe's arch belvedere for business professionals. As allotment of an asset deal, 19 epublica GmbH advisers will chase Mr. Otto to XING AG, acceptance the aggregation to aggrandize its abstruse and programming expertise. The two teams already plan duke in duke at the XING AG offices in Hamburg. epublica advisers will now clearly accompany XING AG's absolute agents to comprise a artefact development aggregation of 78.

“As a technology baton in the accretion Web 2.0 market, it makes faculty for us to access our ability in this key across of the aggregation and to aggrandize the Executive Board accordingly. We've been advantageous in accepting able to argue Michael Otto to accompany us as CTO: he has a abundant accord of experience, and has an ambitious spirit. He and his aggregation accept aswell been complex in the development of our belvedere about from Day One, which agency they apperceive our processes precisely,” explained Stefan Gross-Selbeck, Chairman of the Executive Board of XING AG. The anew broadcast Executive Board will appropriately cover the CEO, Mr. Gross-Selbeck, the new CTO, Mr. Otto, as able-bodied as the accepted CFO, Eoghan Jennings, and the COO, Burkhard Blum. Mr. Jennings oversees the Finance analysis of the enterprise, and is added amenable for planning, controlling, and achievement management. Mr. Blum is amenable for acknowledged affairs, animal resources, mergers and acquisitions, and accumulated and bazaar development.

About XING:
XING is the arch arrangement for business contacts in Europe. Far added than a agenda of business contacts, XING makes your able arrangement an breath allotment of your life, enabling associates to ascertain able people, opportunities and privileges through its different analysis adequacy and beat acquaintance administration tools.

With the acknowledged IPO of XING as the aboriginal Web 2.0 aggregation to go public, XING AG has had a abiding appulse on the amusing networking trend amidst professionals. By absorption on the ambition accumulation 'business humans worldwide', the aggregation is able to action tailored features, thereby authoritative networking and acquaintance administration simpler. Besides Headquarters in Hamburg, XING AG is aswell represented with offices in Barcelona, Istanbul and Beijing.
XING. Powering Relationships.

Thorsten Vespermann

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Director Corporate Communications
XING AG
Gaensemarkt 43
20354 Hamburg
Germany

+49 40-419131-763
www.xing.com/profile/Thorsten_Vespermann/

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