2009年12月16日星期三

XING AG - XING AG invests in the bosom of the crisis, boosts midyear revenues by 35 percent

•Total revenues access by 35 percent to €21.54 actor
•41 percent college revenues from Premium Memberships
•Over 635,000 paying associates about the world
•21 percent advance for XING Jobs
•Key investments for new business models already fabricated in H1

Hamburg, August 13, 2009 – XING AG (ISIN: DE000XNG888) today appear absolute revenues of €21.54 for the aboriginal six months of 2009. This is an access of 35 percent over absolute revenues for H1/2008 (€15.91 million).

In the aboriginal six months of this banking year, the arch European business arrangement acquired over 900 thousand new members. At the alpha of August 2009, the XING associates abject exceeded 8 actor for the aboriginal time.

Alongside connected absolute associates growth, 85 thousand paying Premium Members were acquired in H1/2009. As of June 30, 2009, XING numbered 635 thousand Premium Members, an access of 35 percent over the antecedent year’s abstracts (H1/2008 470 thousand). Accordingly, the amount business articulation "Premium Memberships” generated 41 percent college revenues in H1/2009 (€17.86 million) than in H1/2008 (€12.64 million), active the Company’s ample addition in absolute revenues.

Revenues from job listings aswell added in H1/2009 to €2.23 million, a 21 percent addition over H1/2008 (€1.84 million). Despite an online job ad bazaar heavily hit by the bread-and-butter crisis, XING AG was able to sustainably addition revenues in this area, accepting added bazaar allotment in this additional key business segment.

Midyear EBITDA after-effects added hardly over those of the antecedent year, to €5.90 actor in H1/2009 from €5.76 in H1/2008. Furthermore, XING AG has invested heavily in its own programming and development assets with the aim of ablution new business models, articles and appearance even faster in the future, and accepting new sources of revenues.

These investments in new business segments and in acknowledged recruiting efforts for accelerating the acceleration of addition are reflected in accumulation after-effects of €2.18 actor for H1/2009, which are below those of the antecedent midyear after-effects (€2.95 million), as expected.

“In the aboriginal six months of 2009, we’ve invested heavily in developing new business models, and fabricated solid advance in alive appear our cardinal goals. In the additional bisected of the year, we’ll abide to focus on authoritative XING added ambrosial for our members, and aswell barrage new sources of revenues. We accept new functionalities abnormally for recruiters are already in the beta phase. In addition, we will abide to advance in the advance of associates abstracts in our European amount markets,” explained Dr. Stefan Gross-Selbeck, CEO of XING AG.

About XING:
XING is the arch European online business network. Over 8 actor associates use XING in 16 languages to do business, acquisition jobs, and accompany a career. XING helps associates get affiliated and break in blow with their contacts with customized networking solutions and services. Members are breath on XING because of the absolute amount generated, with XING Jobs, over 30 thousand specialized groups, and over 90 thousand abide networking contest a year, organized by associates for members.
Since the 2006 IPO, the XING AG allotment has accustomed a solid position for itself on the banal market, the aboriginal and to date alone Web 2.0 aggregation to do so. XING AG is headquartered in Hamburg, Germany, and has bounded offices in Barcelona, Istanbul and Milan.
XING. Powering Relationships.

Thorsten Vespermann

----------------------------

Director Corporate Communications
XING AG
Gaensemarkt 43
20354 Hamburg
Germany

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

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