Memorysolution stayed on its impressive course throughout 2003: Sales of the company, which is a special supplier of memory products and Flash cards internationally, rose to EUR 87 million (previous year: EUR 63 million). Managing Director Edmund Dägele has set his sights on expanding the company brand, take MS, and creating a brand new partner program in 2004.

Breisach, February 10, 2004 . Memorysolution, the special supplier of memory products and Flash cards, continued along the path to success in 2003, increasing its sales to EUR 87 million. This is an additional increase of 38 percent over last year’s very positive figure of EUR 63 million. "This figure indicates that we more than reached our financial goals last year," says Memorysolution Managing Director, Edmund Dägele. "Our growth which goes against current market, trends can be attributed to the solid technical competence of our employees as well as our successful activities in Germany and on foreign markets. We were able to reinforce our position with retailers and systems houses and are now the leading supplier of memory solutions in Germany.”

Important new sales partnerships were also formed last year: The long-term partnerships that exist in Switzerland, Austria, Denmark, Liechtenstein, Greece and Romania were strategically supplemented through distribution agreements in the Netherlands, Norway, Russia, Slovenia, Lithuania, Latvia and the Ukraine. Through these agreements Memorysolution is now well-represented in the growing markets of northern and eastern Europe. At the end of 2003, DTD – Didi Trade & Distribution also became a central sales partner for Belgium and, at the beginning of 2004, Memorysolution’s presence in Scandinavia was completed through an agreement with the SMG Micro Group, one of the leading distributors in Sweden and Finland. Prime Memorysolution, a subsidiary formed in January 2004, will enter the US market. "This will give us a leg to stand on outside of Europe," explains Edmund Dägele. "The US offers enormous sales opportunities. We continue to be interested in eastern Europe where we have already been quite successful."

Edmund Dägele has set his sights on continuing to expand Memorysolution’s successful internal brand, takeMS, for the current year: "We recently also incorporated takeMS server modules into our product offering with a high degree of success. The well-known quality of our products makes us predestined for this interesting and demanding growth market. Last year, our sales grew by 25 percent with takeMS. The new products for the server segment will take us even further." The Flash memory products have also made their contribution to increases in the takeMS brand.

Memorysolution will present its brand new partner program at the CeBIT in Hall 22 / Stand A23. "With our practically-oriented, Internet-based Certified Value Program, we will give our partners important new incentives to grow together with Memorysolution and continue to generate excellent sales figures and earnings again in 2004," says Edmund Dägele.

Visit Memorysolution at the CeBIT 2004 in Hall 22, Stand A23 and in the Planet Reseller Hall 25, Stand 222.

About Memorysolution

Since its formation in 1997, Memorysolution GmbH has become a special supplier of memory products and Flash cards internationally. In 2003, Memorysolution achieved sales of EUR 87 million (2002: EUR 63 million) thus continuing on its successful course. It is Memorysolution’s goal to continue expanding its European partnerships in 2004.

Memorysolution is a brand of Memorysolution GmbH, Germany. All other trademarks belong to the respective proprietors. In the case of publication, we would ask that you provide us with a copy of the respective document.

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Company Contact:

Memorysolution GmbH
Edmund Dägele
Waldstr. 32
D-79206 Breisach

Tel: +49-7667-94690
Fax: +49-7667-946969
E-mail: daegele@memorysolution.de
Web: www.memorysolution.com

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