(DGAP-Media / 28.03.2013 / 14:47) During the CDC Capital Market Conference in Munich, renowned stock market author, stock market commentator and lecturer Beate Sander spoke with Matthias Mathieu, company founder and CEO of the listed PEACHES AG, about the company's repositioning in the past year and his vision for the corporate group. Just like every spring, CDC Capital GmbH issued invitations to its popular capital market conference 'SEVEN SINS - SEVEN CHANCES', a well-established and popular event among experts, on Wednesday, 20 March 2013 at Munich's renownedLehnbach Palais bar and restaurant. This time, interest ran so high that eight SMEs gave presentations. The conference, which is highly esteemed among institutional investors in particular, was arranged for the first time in cooperation with ACON ACTIENBANK. CDC CAPITAL was also able to secure GXG Markets from London as a stock market expert and the Krammer Jahn law firm as its legal advisor. In other words, a quartet of organisers with outstanding technical expertise. In these challenging times of a financial and debt crisis that is far from over, historically low interest rates mean there really are no alternatives to high-growth and high-value shares. Yet Germany's private investors in particular have become cautious and fearful, shying away from investments despite low ratings in a long-term comparison. A thriving share culture is hardly evident in Germany. It is high time for this to change, since savings accounts and fixed-term deposits equate to a creeping destruction of capital when the inflation rate and withholding tax are taken into account. Three questions for company founder and CEO Matthias Mathieu, PEACHES Beate Sander: My search for preliminary financial figures for 2012 was fruitless. Why are you not disclosing anything and holding back on an outlook? CEO Matthias Mathieu, PEACHES AG: We are currently in the final phase of preparing the annual financial statements. Since we have not published them to date, we are unfortunately not in a position to release any figures. I understand that the shareholders are interested in the performance figures. And I can assure you that we will publish the figures by the end of April, at the latest. Please understand that our experiences with predatory shareholders and vexatious litigants have made us extremely cautious, so that we only release financial figures and forecasts that are available to all shareholders simultaneously. I grant that this was not clearly expressed at the conference and would like to apologise for that. Your promising company is listed in Stuttgart and Berlin. Yet your share is barely traded and virtually unknown among private investors. What can you do to change this unfavourable state of affairs? CEO Matthias Mathieu, PEACHES AG: Satisfied shareholders are important to us. This is why we are currently debating whether we can improve trading of the PEACHES share with a capital measure and larger shareholder base. We are also pursuing acceptance in the Entry Standard of the German Stock Exchange in Frankfurt. This requires us to prepare a prospectus and provide regular information to our shareholders. Over the coming months, we will take the right steps to establish transparency for our investors. You reported debt on your 2011 balance sheet. What happens from here? Are you getting sales and earnings under control? What is your vision for the years up to 2015? CEO Matthias Mathieu, PEACHES AG: The years 2006 through 2011 in particular were very much defined by the original Mobile Payment business area. The fact that the PEACHES GROUP was able to play an important role in cooperation with large telecommunication groups and banks is no secret. Yet these large enterprises have not advanced as quickly in the market to date as we, as a partner company, would have liked. This is why we began developing the Prepaid Services business area in 2012. It will be our primary focus going forward. We have been live with our end customer product 'prelado' since November of last year and are now starting to generate sales in this business area. Furthermore, we are conducting promising negotiations in the B2B segment with numerous potential customers in banking, mobile communications and social media. We expect to conclude contracts in the current year. I am convinced that the realignment of the company and our innovative product portfolio are establishing the way forward and indicating that we will assume a prominent position in the field of digital prepaid services. Please notify us of publication. About the PEACHES GROUP: The core competencies of the Peaches Group can be classified under two different segments: Payment & Prepaid Services. The group has practical mobile payment experience and positions itself as an independent mobile payment acquirer with its own mobile payment technology platform. Peaches also acts as a reseller (PSP, payment service provider) for the 'mpass' mobile payment process of Telekom, Vodafone and O2. The Peaches Group is active as a provider of prepaid reloading solutions. Under the prelado - prepaid anytime & anywhere brand, the Wiesbaden-based group operates its own prepaid service platform and provides users with a reload service in real time for prepaid mobile phones via an app, mobile web and the internet. A free, provider-neutral prepaid mobile phone credit balance indicator is also offered via an app (Android and iOS). The Peaches Group includes the companies PEACHES Systems GmbH, PEACHES Mobile GmbH and REA MOBILE GmbH - Companies of PEACHES AG. End of Media Release The picture belonging to this press release can be found here: http://newsfeed2.equitystory.com/peachesag/205560.html Caption: CEO der PEACHES AG: Matthias Mathieu =-------------------------------------------------------------------- Issuer: PEACHES AG Key word(s): Finance 28.03.2013 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------- 205560 28.03.2013
(END) Dow Jones Newswires
March 28, 2013 09:47 ET (13:47 GMT)
