NFON AG: NFON AG appoints Gernot Hofstetter as Managing Director of Austria

Dow Jones received a payment from EQS/DGAP to publish this press release.

DGAP-Media / 2018-05-23 / 08:00 
 
*Corporate News* 
 
*NFON AG appoints Gernot Hofstetter as Managing Director of Austria* 
 
*- *many years of expertise in communications business 
 
- Focus on enormous market potential in Austria and CEE 
 
- Press-Kit [1] 
 
*Munich, 23 May 2018* - NFON AG, the only pan-European cloud PBX provider, 
today announced the appointment of Gernot Hofstetter as Managing Director of 
NFON Austria. As Managing Director, he is responsible for Sales in Austria 
and CEE. César Flores Rodríguez, CSO of NFON AG: _"Austria is one of the key 
markets in Europe and Gernot will also make a significant contribution to 
the fulfilment of our growth strategy in CEE - there is an enormous market 
penetration potential. We want to become number one in Europe."_ Gernot 
Hofstetter succeeds Markus Krammer, Vice President Products & New Business, 
who has headed the company as interim managing director since January. 
 
*Many years of experience: *Gernot Hofstetter has more than ten years 
experience as Sales Director at Interoute Austria, most recently as Branch 
Manager. _"Driving digital transformation forward is a great task. With NFON 
we focus on a first-class customer experience and the highest data security 
standards. Austria and Eastern Europe play an important role in European 
digitisation. NFON offers a first-class and highly scalable technology 
platform for the future of business communication,"_ Gernot Hofstetter 
emphasizes. Gernot Hofstetter reports directly to César Flores Rodríguez. 
 
*Change favours expansion: *NFON is the new freedom of business 
communication. The company with its headquarters in Munich counts over 
15,000 companies in 13 European countries among its customers. The Austrian 
branch is located in St. Pölten. In Austria, well-known customers such as 
shpock, paysafecard, Vienna House, Count IT, Ruefa Reisen and Falkensteiner 
Hotels & Residences trust the cloud based telephone system. One of the 
newest Austrian customers is the Municipality of St. Pölten, the capital of 
Lower Austria. Hans Szymanski, CEO & CFO of NFON AG: _"The economic success 
of NFON AG is based on a strong business model. Our enormous growth in 
recent years is driven by a structural change in the telecommunications 
market and the increasing intention of companies to make their 
communications organization more efficient, flexible, secure and 
cost-effective. I look forward to a successful collaboration with Gernot."_ 
 
*Strong business model: *The business model of NFON AG is based on a unique 
combination of strong growth and long-term recurring revenue. This was also 
demonstrated by the recently published quarterly figures [2]: The number of 
seats grew by 31.3%, from 205,211 (Q1 2017) to 269,392 (Q1 2018) with a 
recurring revenue share of total revenue of 80.6%. NFON AG has been listed 
in the Prime Standard of the Frankfurt Stock Exchange since May 11, 2018. 
[2] 
 
*About NFON AG* 
Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider 
- counting more than 15,000 companies across 13 European countries as 
customers. NFON, the cloud telephone system, offers over 150 functions as 
well as a seamless integration of premium solutions. With our intuitive 
communications solutions, we enable European companies to improve their work 
a little, every single day. NFON is the new freedom of business 
communication. http://www.nfon.com 
 
*Press-Kit* 
Gernot Hofstetter [1], Managing Director, NFON GmbH Austria; César Flores 
Rodríguez [1], CSO, NFON AG and Hans Szymanski [1], CEO and CFO, NFON AG 
 
*Contact details for media* 
 
NFON AG 
Thorsten Wehner 
Vice President Public Relations 
[phone] 
[e-mail] 
 
*Germany* 
100zehn GmbH 
Timm Caspari 
[phone] 
[e-mail] 
 
*United Kingdom* 
Jones Consulting (UK) Ltd 
Claire Jones 
[phone] 
[e-mail] 
 
*Spain* 
LF Channel 
 
Estela Cayón 
[phone] 
[e-mail] 
 
*Austria* 
PRofessional 
Ulrich Taller 
[phone] 
[e-mail] 
 
*Netherlands* 
Axicom 
Marcus Birke 
[phone] 
[e-mail] 
 
*Portugal* 
YoungNetwork 
Lúcia Amaral 
[phone] 
[e-mail] 
 
*Investor Relations NFON AG* 
Sabina Prüser 
Head of Investor Relations 
[phone] 
[e-mail] 
 
End of Media Release 
 
Issuer: NFON AG 
Key word(s): Information technology 
 
2018-05-23 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  NFON AG 
          Machtlfinger Straße 7 
          81379 Munich 
          Germany 
Phone:    [phone] 
E-mail:   [e-mail] 
Internet: www.nfon.com 
ISIN:     DE000A0N4N52 
WKN:      A0N4N5 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, 
          Tradegate Exchange 
 
End of News DGAP Media 
 
688571 2018-05-23 
 
 
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(END) Dow Jones Newswires

May 23, 2018 01:59 ET (05:59 GMT)