DGAP-News: caatoosee AG: Founder Guido Alt resigns from the caatoosee ag Management Board


caatoosee ag / Change of Personnel

10.06.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Founder Guido Alt resigns from the caatoosee ag Management Board

Leonberg (Germany), 10 June 2008

caatoosee ag CEO, Guido Alt, has announced that he will be resigning from
his position as of 30 June 2008. Guido Alt founded the Company in 1995 and,
following numerous economically successful years in September 2000, took
the Company public. Subsequently he led the Company through a difficult
restructuring phase. Today, caatoosee is an IT outsourcing specialist with
a strong capital base and an equity ratio of almost 80%.

Following 13 years at the top, Guido Alt is leaving the Company of his own
free will in order to move on to further challenges. 'I have experienced
many highs and lows with caatoosee. As an Internet start-up company in the
nineties, we were making profits from day one which then also led to an
IPO, oversubscribed by 42, in September 2000. But then at the height of our
expansion the IT crisis struck us with full force.' caatoosee was
restructured between 2002 and 2005. The online service provider and
software producer then developed into an outsourcing specialist.
'The restructuring was difficult but ultimately successful', commented Alt,
'we shrank from 1200 colleagues to 500 and then to 120. Now we’re in
perfect health.' Today, caatoosee one again has a strong capital base with
an equity ratio of almost 80%. 'Thanks to the sale of our Indonesian
subsidiary Sigma and due to operating profits and the authorised capital,
we now have a sumptuously filled war chest in the double-digit millions,'
said Alt. 'Because of this, the Company is in a prime position to deal with
the markets which are consolidating and can now once again go on the
attack.' caatoosee primarily provides services for SMEs, services that
assist in designing more economic processes. 'The good news is that our
customer base has significantly diversified over the past two years. Today,
we no longer have any large customers that contribute more than 30% to
revenue. We are also optimistic that we can quickly convince more new
customers of the benefits of our offering.'

The Management Board and the Supervisory Board of caatoosee ag have noted
Mr. Alt’s decision with great regret. 'Guido Alt’s departure does not
simply mean the departure of the founder, but rather one of the last faces
of the New Market. It is very easily forgotten in public debate that
caatoosee managed the rare feat of surviving the difficult phase in the
market shakeout. Guido Alt contributed significantly to this,' commented
Reimund Blessing, member of the caatoosee ag Supervisory Board.

Guido Alt would like to remain associated with the Company as a
shareholder. 'Over all the years on the stock exchange, I have never sold
any significant amount of shares and therefore acted different to so many
others in the New Market,' says Alt, 'for this reason, caatoosee will
remain an exciting investment for me, now with a little distance as a
shareholder. For me, 47 represents the point in time where I need to
readjust myself once again.'

The Management Board

caatoosee ag, which is listed in the Prime Standard (German Securities Code
Number: A0EPUK; ISIN: DE 000A0EPUK5) and headquartered in Leonberg near
Stuttgart, operates in the fields of IT outsourcing and services.
Management Board: Guido Alt (CEO), Stefan Ahrens (CFO), Michael Grünschloß
(COO). Supervisory Board: Reimund Blessing (Chairman), Hans Ulrich Dörr,
Dirk Alt, Rolf Huber, Günther Paul Löw and Jan Tenné.> more information

caatoosee ag
ph + 49 (0) 7152.355-6621
fx + 49 (0) 7152.355-6650
investors@caatoosee.com


DGAP 10.06.2008 
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Language:     English
Issuer:       caatoosee ag
              Riedwiesenstr. 1
              71229 Leonberg
              Deutschland
Phone:        +49-(0)7152-355-6000
Fax:          +49-(0)7152-355-6650
E-mail:       investors@caatoosee.com
Internet:     www.caatoosee.com
ISIN:         DE000A0EPUK5
WKN:          A0EPUK
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart, Düsseldorf, München
End of News                                     DGAP News-Service
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