ClickandBuy Becomes Wholly-Owned Deutsche Telekom Subsidiary

Wed Mar 24, 2010 2:36pm EDT

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  LONDON, Mar 24 (MARKET WIRE) -- 
 ClickandBuy / ClickandBuy becomes wholly-owned Deutsche Telekom
subsidiary processed and transmitted by Hugin AS. The issuer is solely
responsible for the content of this announcement.

    DTAG acquires internet payment service provider ClickandBuy

    London/New York/Zug/Bonn, 24 March 2010. The internet payment service
provider ClickandBuy is to become a wholly-owned subsidiary of Deutsche
Telekom AG. Via its venture capital company, T-Venture, Deutsche Telekom
has held shares in ClickandBuy since 2006 and currently owns 20.2 per
cent of its shares. Deutsche Telekom has now acquired all remaining
shares in the internet payment service provider ClickandBuy. The
agreement was finalized yesterday. The supervisory bodies of the
companies concerned and the UK's Financial Services Authority (FSA) have
already approved the process.

    Klaus Konrad, Investment Director of Intel Capital: "ClickandBuy has
become one of the top three online payment providers in the world and is a
European investment success story.This shows that even in challenging
economic periods, it is possible to grow top performing organizations
through great management and the right investment strategy."

    ClickandBuy's CEO, Charles Fraenkl, welcomed the deal: "Our minority
shareholders T-Venture and Intel Capital with their dedication and
commitment have contributed a lot to the success and growth of
ClickandBuy.With the support of our new shareholder, ClickandBuy, already
one of today's leading providers of online payment solutions, will
continue to strengthen and expand its market position in the future.
ClickandBuy is in an exceptionally good position and is very happy about
the huge advantages this synergy contains regarding the realisation of
its global strategic goals which will be made possible through the
involvement of Deutsche Telekom."

    About ClickandBuy

    ClickandBuy is one of the leading payment services in the
internet.Certified by McAfee and tested by Germany's Technical Inspection
and Testing Association (TUV), this online payment system is used for
internet purchases by over 13 million people. Having doubled its turnover
generated by traders and end customers to EUR 922 million (TTV) in 2008,
the ClickandBuy Group first crossed the billion euro threshold in 2009.

    Over 16.000 online traders use ClickandBuy's e-payment system for their
e-commerce, retail, online entertainment, and paid content & services
billing, including Deutsche Telekom, Scout24 Group, Apple iTunes,
Napster, Orange, msn, AOL, Meetic, Parship, Electronic Arts (EA),
Codemasters, McAfee, Panda, RTL, Playboy, Financial Times Deutschland,
Foto.com, Deutsche Boerse Group, KPMG, Yamaha, Digital River, Redcoon,
bonprix (Otto Group).

    Founded in 1999, ClickandBuy represents over 10 years of experience and
expertise in the e-payment market. The online payment system is operated
by ClickandBuy International Ltd. in London. As an e-money institution
licensed by the UK's Financial Services Authority (FSA), ClickandBuy's
complete service includes 120 currencies and offers 50 national and
international modes of payment throughout 31 countries.

    [HUG#1397372]

ClickandBuy - Media Contacts
UK - Rob Gibbons *Email Contact
* +44 (0) 7989 302 287 *
www.ClickandBuy.com
USA - Stuart Ginsberg *Email Contact
* +1 (917) 374-3788 * www.ClickandBuy.com
ClickandBuy International Ltd. * Lincoln House 137 / 143 Hammersmith Road *
W14
0QL London *

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