The Fi SYSTEM Group Carries Out an External Growth Operation in Spain

PARIS (PROTEXT) - Fi SYSTEM's external growth strategy has ledto the group carrying out an operation in Spain, with the aim ofstrengthening its position on the European market. The finalagreement relative to the transfer of Barcelona-based companyIntouch New Media's assets to Fi SYSTEM's Spanish subsidiary FiIberica was signed on the 5th November 1999 and backdated to the1st November. The Barcelona agency, employing nine people, willreport to Fi SYSTEM's European Department, headed by AlbertMajerczyk. In the words of Intouch New Media founder Marc OliverGomperts, now at the head of Fi SYSTEM's Barcelona agency, "FiSYSTEM's services and expertise will enable us to further widenour market by reaching out to increasingly substantial clients." Fi SYSTEM Managing Director Thierry Thevenet explains that"Intouch New Media will provide Fi SYSTEM with its solidexperience of the Spanish market and knowledge of currentInternet issues affecting the country. The operation is a meansof launching Fi SYSTEM's international development, enabling usto become increasingly established on the European market, thegroup thus gaining recognition from the major European accounts." Fi SYSTEM's strategy targets a rapid increase in market share,and is the natural response to the fact that, over recent months,e-commerce has been constantly gaining in momentum throughoutEurope and that multi-national competitors have emerged.Alongside this, Fi SYSTEM aims to be regarded as one of the fiveleading Internet service companies on the European market. In the near future, Fi SYSTEM's pan-European development willbring about further external growth operations in Spain. Thegroup also plans to become established in the UK, Belgium andother northern European countries. Further information about Intouch New Media (www.inm.net) Intouch New Media was founded in 1994, and has becomespecialised in web site development for major European accounts,responding to ever-evolving Internet issues. Main clients includeDSM, AKZO NOBEL, Commerzbank, Generalitat de Catalunya, HOMAG,GYD... Intouch New Media's turnover for 1998 and 1999 was in theregion of FF2m. Further information about Fi SYSTEM (www.fisystem.fr) The Fi SYSTEM Group -- made up of Fi SYSTEM, COPLANET,PROBASE, IN FINE Conseil and UBICCO -- is a Web Agency. Foundedin 1992, the company is now firmly established as the favouredpartner for the biggest and most important accounts. Fi SYSTEM isinvolved in Internet and intranet site Consultancy, CreativeDesign, and Technical Implementation for major European clients.The Fi SYSTEM group has teams in France (Ile-de-France, Rhone-Alpes, Mediterranee) and in Spain (Barcelona), and has aportfolio with more than 300 Internet-related references. Thegroup can provide Internet Marketing and Strategy, SystemTransfer Organisation and Monitoring, Interactive Design andCommunication, New Technology Engineering, Back-OfficeManagement, as a global service with guaranteed results, in orderto respond efficiently to Internet issues. The Fi SYSTEM work-force is currently 350 strong -- 400 forecast across Europebetween now and the end of 1999. Since the 7th October 1998, FiSYSTEM has been listed on the Nouveau Marche of the Paris StockExchange (sicovam code 6588). For further information, please don't hesitate to get in touchwith: Jerome Leroy, Head of Press Relations Email : jerome.leroy@fisystem.fr Jerome Ladousse, Financial Director Email : jerome.ladousse@fisystem.fr Tel: +33 (0)1.55.04.03.03 Fi SYSTEM - 19, rue du Quatre septembre, 75002 Paris, France.ots Original Text Service: Fi SYSTEM Group Internet:http://www.newsaktuell.de Contact: Jerome Leroy, Head of PressRelations, jerome.leroy@fisystem.fr, or Jerome Ladousse,Financial Director, jerome.ladousse@fisystem.fr, both of The FiSYSTEM Group, +33-1-55-04-03-03 Web site: http://www.inm.net

http://www.fisystem.fr

Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.

PROTEXT