AutoScout24 [http://about.autoscout24.com/au-company/au-company-portrait.aspx ] is the
biggest online car market Europe-wide. With 15.6 million users in Germany each year and
more than 10 million users in Europe each month, AutoScout24 is one of the leading
Internet car portals on the market. Active in 18 countries, and with 40,000 member
dealers, AutoScout24 is present in all the main European markets. AutoScout24 is a
wholly-owned subsidiary of the Scout24 Group, which is, in turn, part of Deutsche Telekom
AG.
Except for any historical information contained herein, matters discussed in this
press release might include forward-looking statements that involve a number of risks and
uncertainties. Regarding any financial statements, actual results might vary significantly
based upon a number of factors including, but not limited to, risks in product and
technology development, market acceptance of new products and continuing product
conditions, both locally and abroad, release and sales of new products by strategic
resellers and customers, and other risk factors detailed in Magic's most recent annual
report and other filings with the Securities and Exchange Commission.
Magic has made every effort to ensure that the information contained in this press
release is accurate; however, there are no representations or warranties regarding this
information, including warranties of merchantability or fitness for a particular purpose.
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and company names mentioned herein are for identification purposes only and are the
property of, and might be trademarks of, their respective owners.