Press Release

devolo AG, Aachen helps flood-disaster victims

eBay auctions valued at EUR 15,000

Aachen - “Our young company is in a similar situation—we have the worst of it behind us, but assistance from the outside is always a help to build things up.” Christoph Rösseler, Director of Marketing & PR at devolo AG, describes the current mood among his colleagues. “Even though we are keeping tight reins on our budget right now, we wanted to offer real and uncomplicated help.”

The data communications experts of Aachen, Germany have provided current products valued at EUR 15,000 to eBay for auctioning. The bulk of the good are going to the eBay initiative “Buy and Help—Companies Donate Goods for Flood Victims”, and the remaining third will be auctioned in favour of “People Help People”, an initiative from the local newspaper “Aachener Zeitung”. All revenues will immediately—without any deductions—be donated to the eBay initiative and to “People Help People”.

The auction of the 200 communications devices (50 x devolo MicroLink LAN Switch, 50 x devolo MicroLink LAN Router, 100 x devolo MicroLink LAN PCI) begins on Saturday, August 31, 2002 and will end 10 days later. A link has been place on the devolo homepage www.devolo.de.

It would, of course, be a great result if the devolo auction were to raise more than the equivalent value of EUR 15,000. “Every Euro and every cent is a help right now. If the bidders on eBay show their generosity, so much the better”, hopes Christoph Rösseler. The eBay fees will also be paid by devolo—ensuring the best possible situation for a successful initiative on behalf of the data communications company from Aachen, Germany.

We will of course keep you up to date on the developments of the auction in favour of the flood victims.

devolo AG was founded in May 2002 by former employees of the now insolvent Elsa AG in Aachen, Germany. devolo has taken over the know-how from the Elsa AG along with the brand names and product rights for “MicroLink” and “Vianect”. 20 years of experience in developing data communications solutions is the basis for a broad spectrum of high-quality products. The current range includes analog modems, DSL modems and networking products for private consumers and professional users. The several years of experience that our employees possess enables even a young company like devolo AG to assure the quality of its products right from the start. The in-house research and development team ensures a constant flow of innovations and the fast reaction to demands arising from the market.

Christoph Rösseler
Sonnenweg 11
52070 Aachen
Germany
Tel: +49(0)241-18279-64
Fax: +49(0)241-18279-99
E-Mail: presse@devolo.de