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New management of Bob Mobile concentrates on mobile business and confirms outlook for 2012 financial year

Focus on mobile entertainment (gaming) / Management confirms outlook for 2012 financial year / IFRS consolidated financial statements expected by end of November

(PresseBox) (Straelen, ) The new CEO of the Bob Mobile AG - the future Cliq Digital AG - is pushing ahead to enhance the company's business model. "We identified measures to improve the positioning of the future Cliq Digital AG in the most attractive business areas", explains Luc Voncken, who took over as CEO in early October. This includes focusing the group stronger on the mobile entertainment (gaming) business, while reducing its footprint in the online (PC) segment.

Independent of the adjustments to the business model, the new management confirms its outlook: "We are in line with the guidance given at the beginning of September. We therefore reiterate our outlook for the 2012 financial year", says Luc Voncken. The company expects revenues of EUR 64 to 74 million and an adjusted EBITDA of EUR 10.5 to 12.5 million. The EBITDA is adjusted for one-off items for the acquisition and integration of Cliq BV.

The preparation of the IFRS consolidated financial statements of Bob Mobile, in which Cliq BV will be consolidated for the first time needs longer than expected. The management is confident to finalize the conversion process and publish IFRS consolidated figures for the first half-year of the 2012 financial year by the end of November. Furthermore, the company will publish its Q3 figures (up to EBITDA level) on November, 21,according to the company's financial calendar.

Meanwhile, the future composition of the supervisory board has been determined, consisting of Dr. Andreas Hoynigg (Chairman), Cornelis Herman van der Steenstraten and Karel Gustaaf Tempelaar. Dr. Andreas Hoynigg comments: "As Chairman for many years I strongly support Luc as the new CEO of Cliq Digital and his strategy. Moreover I am very confident that the company will be successful in focusing on mobile entertainment."