The strategic review to take Infront to the next level of success and foster future growth is still ongoing - No decision has been taken
Zug, Switzerland, 3 June 2011 - In light of the number of reports circulating in the media recently, Infront wishes to refer to its press release of 28 February 2011 and confirms that the strategic review to search for a new strategic investor to take Infront to the next level of success and foster future growth is still ongoing. At this point in time, no decision has been taken including to what extent the shareholding structure might change. The shareholders remain committed to Infront and prepared to remain shareholders of the company.
Infront does not comment on speculation and in particular not on the potential identity of the new strategic investor. The objective of the review remains to get a strong new strategic investor on board that will actively contribute to Infront’s ambitious expansion plans and shares its long-term vision. Both the shareholders and the management of Infront are convinced that the future ownership structure will form an even stronger basis for the success of Infront and will be of great benefit for the success of especially our clients and partners.
Infront will continue to be led by the existing experienced management team under the leadership of President & CEO Philippe Blatter. Therefore day-to-day business is not and will not be impacted by the ongoing strategic review and the operational teams remain highly focused on the continued delivery of high quality services to Infront’s clients and partners in all areas.
As soon as the strategic review is completed and a decision has been made, Infront will inform all valued stakeholders of the Group.
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