NFON AG: NFON AG starts sales in Italy

DGAP-News: NFON AG / Key word(s): Expansion/Expansion

26.03.2019 / 14:00
The issuer is solely responsible for the content of this announcement.


Press Release

NFON AG starts sales in Italy

- Milan as new business location

- NFON AG appoints Marco Pasculli as Managing Director for NFON Italy

Munich, 26 March 2019 - NFON AG, the only pan-European cloud PBX provider, today announced the launch of its sales activities in Italy. As planned, NFON AG opens a branch in another European country with its own subsidiary, NFON ITALIA SRL. Italy is the 14th country in which the NFON Group is active and represents an important step in the company's ongoing internationalization. "We are proud to be able to offer our cloud services in Italy with immediate effect", explains Hans Szymanski, Chief Executive Officer and Chief Financial Officer of NFON AG. "Italy, with around 22 million* employees, is one of Europe's key markets for transformation and digitization, alongside the United Kingdom, Spain, France and Germany. We will use this growth potential for telephony solutions from the cloud for NFON."

Expert in the field of cloud telephony

Not only the classic company structure of Italy is interesting for NFON AG. "For example, the tourism industry in Italy demands modern, flexible business communication with which processes can be optimized and costs minimised. Premium solutions such as Nhospitality or Ncontactcenter play an important role in modernizing the communication needs of entire industries," says Marco Pasculli, Managing Director of NFON Italy. Marco Pasculli brings with him a wealth of experience that he has acquired in his numerous management positions at communications companies such as Huawei (Enterprise Division), Nortel Networks, Avaya and, most recently, as Vice President Communications Business Engine at Alcatel-Lucent Enterprise. "Marco is the perfect fit for the position of Managing Director and knows the industry like the back of his hand. We are very excited to be working together and are continuing our European success story with Italy," says Hans Szymanski. "Italy is positioning itself as a very cloud-friendly country that wants to be at the forefront of the digitization process. NFON, with its high innovative strength and experience, will be a major player in this process. NFON is the new freedom in business communication," adds Marco Pasculli. NFON is active in Italy with immediate effect and is starting out from Milan with a team of seven.

Continuous growth

Since its foundation in 2007, NFON AG has recorded continuous growth. The IPO in 2018 (Frankfurt Stock Exchange, Prime Standard) was an important step for NFON's expansion plans. With the launch of the new core product Cloudya and the takeover of Deutsche Telefon Standard AG at the beginning of the year, the corporate strategy is consistently continued. Hans Szymanski: "NFON AG is proving its motivation and commitment at the beginning of the year. After Italy, we plan to open up further markets in the foreseeable future - with a clear focus on becoming number 1 in Europe".

*(approximately 18 million in small and medium-sized enterprises and 4.4 million in large enterprises)

 

About NFON AG

Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider - counting more than 30,000 companies across 14 European countries as customers. With Cloudya, NFON offers an easy-to-use, independent and reliable solution for advanced cloud business communications. Further premium and industry solutions complete the portfolio in the field of cloud communications. With our intuitive communications solutions, we enable European companies to improve their work a little, every single day. NFON is the new freedom in business communication. http://www.nfon.com/

 

Press-Kit

Hans Szymanski, CEO & CFO, NFON AG, Marco Pasculli, Managing Director, NFON ITALIA.

 

Contact for Investor Relations

NFON AG
Sabina Prüser
Head of Investor Relations
+49 89 45300 134
sabina.prueser@nfon.com

Press contact

NFON AG
Thorsten Wehner
Vice President Public Relations
+49 89 45300 121
thorsten.wehner@nfon.com

Disclaimer

This announcement is not an offer of securities for sale in the United States of America. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act. No public offering of securities of the Company is being made in the United States of America and the information contained herein does not constitute an offering of securities for sale in the United States of America, Canada, Australia, Japan or any other jurisdiction in which such offering would be unlawful. This announcement is not for release, publication or distribution directly or indirectly in or into the United States of America, Australia, Canada, Japan or any other jurisdiction in which the distribution or release would be unlawful or to U.S. persons. In the United Kingdom, this information is directed at and/or for distribution only to (i) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (ii) high net worth companies falling within article 49(2)(a) to (d) of the Order (each such person hereinafter a "relevant person"). Any person who is not a relevant person should not act or rely on this information or any of its contents. This release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company.Group and its subsidiaries, including assessments, estimates and forecasts regarding the financial position, business strategy, plans and objectives of management and future operations of NFON and the NFON Group. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the results of operations, profitability, performance or results of NFON or the NFON Group to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are made as of the date of this press release and are based on numerous assumptions that may prove to be incorrect. NFON makes no representations and assumes no liability with regard to the proper presentation, completeness, correctness, appropriateness or accuracy of the information and assessments contained herein. The information contained in this press release is subject to change without notice. They may be incomplete or abbreviated and may not contain all material information relating to NFON or the NFON Group. NFON assumes no obligation to publicly update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. This press release is not an offer to buy or subscribe for securities and should not be construed as a basis for investment decisions in NFON or the NFON Group, in whole or in part.



26.03.2019 Dissemination of a Corporate News, 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