004 opts out of Redcoon

Aschaffenburg, July 8th, 2008 - 004 sells its shares in Redcoon GmbH, the online provider of electronic goods.

Robert Hein, COO of 004, reports that 004 GmbH for advisory and general services has ceased its involvement in Redcoon GmbH. Its shares have been transferred to the company. Silence has been agreed on the purchase price and conditions.

004 GmbH, who was founding shareholder of Redcoon in 2003, now backs out for strategic reasons. Robert Hein: "The business is not strategically relevant to us. It is much more important for us to concentrate on our core activity, full service e-commerce services. In this field, we have a strong growth and intend to further expand the offer for our customers."

004 GmbH develops, implements and operates complete distribution solutions for e-commerce, where customers can choose the respective components according to their needs. The portfolio ranges from the creation and operation of the web shops through product photography, product management, marketing, logistics and accounting to returns marketing. For this innovative business model, the company based in Aschaffenburg was awarded the BayernOnline Prize in 2006.