QSC adds new member to executive board of directorsCologne, March 6, 2002. QSC AG, Germany's professional DSL provider, has added a fourth director to its executive board. Effective immediately, Bernd Puschendorf, age 51, will assume responsibility for sales and marketing.
Gerd Eickers whose responsibilities included these areas until now, will concentrate on the areas of customer service and order management. In addition, Gerd Eickers will increase his involvement in regulatory affairs that continue to gain strategic importance for QSC.
Bernd Puschendorf commands a wealth of experience in international sales. After working for many years in the sales area of Siemens and as Managing Director of Fujitsu Siemens Computers Deutschland GmbH, Bernd Puschendorf served on the executive board of m+s Elektronik AG until July of 2001.
The expansion of the executive board underlines QSC's further commitment to the sales and marketing area.
For further information:
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This Adhoc annoucement contains forward-looking statements pursuant to the US "Private Securities Litigation Act" of 1995). These forward-looking statements are based on current expectations and forecasts of future events by the management of QSC AG. Due to risks or mistaken assumptions, actual results may deviate substantially from those made in such forward-looking statements. The assumptions that may involve material deviations due to unforeseeable developments include, but are not limited to, the demand for our products and services, the competitive situation, the development, dissemination and technical performance of DSL technology and its prices, the development and dissemination of alternative broadband technologies and their respective prices, changes in respect of telecommunications regulation, legislation and adjudication, prices and timely availability of essential third-party services and products, the timely development of additional marketable value-added services, the ability to maintain and enlarge upon marketing and distribution agreements and to conclude new marketing and distribution agreements, the ability to obtain additional financing in the event that management's planning targets are not attained, the punctual and full payment of outstanding debts by sales partners and resellers of QSC AG, and the availability of sufficient skilled personnel.