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Integralis AG: Integralis extending portfolio with new technology platform and signing option agreement for an acquisition in China
At the same time, Integralis has signed an option agreement for the full acquisition of all of the assets of China Managed Services Inc. (CMS). CMS is currently in the process of being established and operates in the Chinese MSS market via a subsidiary. The company has already been able to sign up a major Chinese telephone carrier as its first channel partner and is also using the CENTRIS(TM) technology platform. Under the terms of the agreement, Integralis has undertaken to provide CMS with follow-up finance in the form of a loan by mid 2009, at which point it may also exercise its call option to buy the company.
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