Team Comm. News -- Bestätigung der Performance

Die TEAM Communications Group erfüllt die Nasdaq Kriterien für den National Market; damit rückt Team in den Kreis der etablierten Werte der an der Nasdaq gehandelten Gesellschaften auf

  Los Angeles (ots) - Die TEAM Communications Group, Inc. (Nasdaq
TMTV, Neuer Markt: TME), eine führende multinationale
Fernsehproduktions- und -vertriebsgesellschaft hat die äußerst
strengen Notierungsanforderungen des Nasdaq erfüllt. Die Wertpapiere
der Gesellschaft sind jetzt für den Handel im National Market System
qualifiziert, gab der Vorstandsvorsitzende und CEO Drew S. Levin
heute bekannt.

  "TEAM hat während des vergangenen Jahres eine konstant starke
Leistung gezeigt, was zu einer dynamischen Steigerung unserer Erträge
je Aktie führte", sagte Levin. "Unsere Notierung am Nasdaq National
Market erweitert die Akzeptanz unserer Organisation unter Maklern und
professionellen Gelddisponenten und eröffnet die Aussicht,
institutionelle Investoren anzuziehen. Die Erfüllung der
Anforderungen des National Market Systems ist ein triumphaler
Wendepunkt für unsere Gesellschaft und unsere Aktionäre", sagte
Levin.
 
  TEAM berichtete bereits vorher über Rekordumsätze von ungefähr
24,1 Millionen Dollar für das am 31. Dezember 1999 endende
Geschäftsjahr - ein Anstieg von 77 % gegenüber den Gesamtumsätzen von
ungefähr 13,6 Millionen Dollar für den gleichen Zeitraum im Jahr
1998. Die Nettogewinne erreichten gleichfalls einen Rekord von
ungefähr 1,5 Millionen Dollar im Vergleich zum Nettogewinn von
ungefähr 0,4 Millionen Dollar für das am 31. Dezember 1998 endende
Jahr.
 
  Im November 1999 nahm TEAM eine 38-Millionen-Dollar-Emission für
die Notierung am Neuen Markt der Deutschen Börse AG vor. Der Neue
Markt ist Deutschlands Antwort auf den Nasdaq und hat ein
beträchtliches Wachstum erfahren, seit er vor zwei Jahren den Handel
aufnahm. Der Neue Markt wuchs und schließt jetzt mehr als 200
Gesellschaften ein. Medien- und Fernsehaktien bilden 23 % der
gesamten Marktkapitalisierung des Neuen Markts.
   
  Der Handel am Nasdaq Stock Market -- dem ersten elektronischen
Aktienmarkt der Welt -- begann 1971. Heute ist der Nasdaq der am
schnellsten wachsende Aktienmarkt in den Vereinigten Staaten; er
steht hinsichtlich des Dollarvolumens an zweiter Stelle der
Wertpapiermärkte der Welt. Der Nasdaq Stock Market bietet den
Gesellschaften eine Markttiefe ohnegleichen durch eine einmalige
Struktur der mannigfaltigen Marktteilnehmer. Der Nasdaq Stock Market
hat zwei Ränge, den Nasdaq National Market (Inlandsmarkt) und den
Nasdaq SmallCap Market (Markt für kleinere Gesellschaften) -- jeder
dieser Ränge hat seine eigenen finanziellen Anforderungen, die eine
Gesellschaft erfüllen muß, um ihre Wertpapiere dort zu notieren.
Zusätzlich müssen alle notierten Gesellschaften bestimmte Normen in
bezug auf die Verwaltungsstruktur der Gesellschaft erfüllen. Und
schließlich hat jeder der Marktränge eine Reihe finanzieller
Mindestanforderungen, die von einer Gesellschaft erfüllt werden
müssen, um weiterhin notiert zu bleiben.
 
ots Originaltext: TEAM Communications Group
Im Internet recherchierbar: http://recherche.newsaktuell.de

Rückfragen bitte an:

Anja Pallasch
Team Entertainment Germany GmbH
pallasch@team-entertainment.de
Tel: +49 89 24 44 09 20
Fax: +49 89 24 44 09 99



 

25.4.2000

Liker Brings a Wealth of Professional Business Experience to Team's High-Powered Board of Directors; Prestigious Business Titles Include Founding Director of First Charter Bank and a Member of the Board of Directors of Herbalife International

Alan D. Liker, a respected business and legal expert, former law professor at Harvard Law School, member of the Board of Directors of the Shaklee Corporation, and founding Director of First Charter Bank has joined the Board of Directors of TEAM Communications Group, Inc. (Nasdaq:TMTV) (Neuer Markt:TME), it was announced today by Drew S. Levin, TEAM Chairman of The Board and Chief Executive Officer.

Liker, also a senior advisor to the Founding Family of Budget Rent-A-Car Worldwide, brings a wealth of corporate, legal and tax expertise to TEAM's prestigious Board of Directors. A graduate of New York University's Law School, Liker served as Principal of Xerox Development Corporation (XDC), a captive investment banking house and wholly owned subsidiary of Xerox, for four years. At XDC, he was instrumental in the landmark X-Ten Rulemaking as well as acquisitions of companies such as Shugart, Western Union International, and more than 20 venture investments including Apple Computer and Paradyne.

Liker is currently on the Board of Directors of Herbalife International and its Audit and Finance Committees. He has also been appointed to the Board of Directors of several foreign subsidiaries of Herbalife in Japan, Hong Kong, the Philippines, Korea and France. In addition, Liker served as Senior Tax Partner at Keating and Sterling, a Los Angeles based law firm, and later became a founding partner of Nelson, Liker and Merrifield, a full service corporate finance law firm. He was also a Senior Tax Partner at Manatt, Phelps, Rothenburg and Tunney, and a successor law firm currently named Jeffer, Mangels, Butler and Marmaro.

"Alan's decision to join TEAM is a landmark decision for our company and shareholders," said Levin. "His professional expertise in the public arena and corporate finance skills are critical components in TEAM's ongoing emergence as a leader in global entertainment. I look forward to working with Alan and drawing upon his diverse skills as we continue to build TEAM as a profitable content supplier for the worldwide market."

The Board of Directors for TEAM Communications Group also includes Drew S. Levin, Chairman and Chief Executive Officer, Russell Barry, former President and Chairman of Turner Program Services, and Michael J. Solomon, Chief Executive Officer of Solomon Broadcasting International and former President of Warner Brothers International Television.

TEAM Communications Group, Inc. (Nasdaq:TMTV) is a leading global production and distribution company specializing in family, action, adventure and reality-based programming for worldwide distribution. TEAM Communications Group currently owns and distributes over 3,500 hours of programming worldwide.

The Company also produces a wide variety of programming for leading U.S. and international broadcasters. TEAM's current co-productions include: "Total Recall: 2070" with Alliance Atlantis, Canada and Pro Sieben, Germany; Jack London's "Call of the Wild," an original dramatic series co-production for Discovery's Animal Planet; "World's Most Mysterious Places" and "Destination: Style" for Discovery's Travel Channel; "Wild Lifestyles" for Animal Planet and "So You Think You're Funny," with Pearson Television.

TEAM maintains offices in Los Angeles, London and Munich and its shares trade on NASDAQ (TMTV), and on the German Neuer Markt (TME).

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this news release (as well as information included in oral statements or other written statements made or to be made by TEAM Communications Group, Inc.) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of TEAM Communications Group, Inc. For a description of additional risks and uncertainties, please refer to TEAM Communications Group, Inc. filings with the Securities and Exchange Commission, including Forms 10-K and 10-Q.

CONTACT: United States:
TEAM Communications Group, Inc., Los Angeles
Drew S. Levin, Chairman & Chief Executive Officer
310/312-4400, 310/312-4401 (fax)
www.teamtv.com
or
United Kingdom:
TEAM Dandelion, Ltd., London
Noel Cronin, Managing Director
011-44-181-863-1888, 011-44-181-863-0463 (fax)
nc@teamd.co.uk
or
Germany:
TEAM Entertainment Germany, Munich
Stefan Forstner, Managing Director
011-4989-24-4409-0
011-4989-24-4409-99 (fax)
forstner@team-entertainment.de
or
U.S. Investor Relations:
Investor Relations Services, Inc., New Smyrna Beach, FL
Ray Hutchison, 904/409-0200
904/409-0043 (fax)
invrel@ix.netcom.com
or
U.K. Investor Relations:
Value Management & Research, Ltd., Frankfurt
Mr. Albert Schander, Director, Corporate Finance
011-4961-9688-00-130, 011-4961-9688-00-155(fax)
aschander@vmr.de
or
U.S. Publicity
Morris Marketing, Inc., Toluca Lake, CA
Sheila Morris, President, 818/487-9300
818/487-9303 (fax)
sheila@morrispr.com

 

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