euro adhoc: Lycos Europe N.V. / Mergers - Acquisitions - Takeovers / LYCOS Europe strengthens position in eCommerce business by acquisition of shopping specialist mentasys

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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06.10.2006

Haarlem/Netherlands, October 6, 2006. LYCOS Europe N.V. (ISIN
NL000023319), one of Europe's leading portal providers and online
advertisers, accelerates its strategic alignment as a leading
provider of portal services and paid services & shopping solutions.
In light of Europe's fast growing eCommerce arena, LYCOS Europe today
announced the acquisition of the shopping solution specialist
mentasys GmbH, Karlsruhe/Germany, for up to EUR 30.0 million in cash
(including a variable performance-based component of up to EUR 14.0
million in the future).

The highly awarded mentasys technology for online guided selling
solutions will be combined with LYCOS Europe's existing international
shopping solution platform Pangora. The mentasys technology was
amongst others awarded with the German Innovation Award, Seal of
Excellence, German Internet Prize and others. It helps price
comparison sites, online shops and portal partners to significantly
increase their traffic and revenues. By connecting sales networks
with intelligent product advisors, mentasys is able to offer
retailers, manufacturers and portal operators a powerful package of
guided selling measures which will now be combined with the LYCOS
Europe shopping solution portfolio.

Once the transaction closes, LYCOS Europe will have double the
eCommerce development capacities to set the pace for a higher rate of
innovations. LYCOS Europe regards the transaction not only as a
perfect move to leverage its competitiveness especially against
international eCommerce players but moreover to play a major role for
the future development of the eCommerce industry. The three founders
of mentasys, Robin Schönbeck, Tim Stracke and Dirk Schwartz, will
remain in the company with a staff of around 60 employees, which
resulted 2004 from the merger of intertrade internet services with
Mentasys. The transaction is subject to approval of the German
Antitrust Authority.

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end of announcement euro adhoc 06.10.2006 08:07:22
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ots Originaltext: Lycos Europe
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Kay Oberbeck, Director IR & PR
Tel.: +49 (0)5241 8071055
E-Mail: kay.oberbeck@lycos-europe.com

Branche: Software
ISIN: NL0000233195
WKN: 932728
Index: Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade