Docdata Sold Its CD and DVD Replication Business

The management of DOCDATA N.V. announces that docdata media Ltd. in Telford (UK), a part of the docdata media division, has sold its complete business activities for CD and DVD replication and Audio Cassette manufacturing to Sound Performance Manufacturing Ltd., a subsidiary of the UK-based Sound Performance Ltd.

This transaction includes the sale by docdata media Ltd. as per the transaction date of 30th of January 2009 of its business activities, tangible fixed assets, stocks, customer contracts, trade creditors and personnel and staff. Details on the financial characteristics of the transaction will not be further specified at the specific request of Sound Performance.

Docdata media Ltd. realised a revenue of about GBP 6 million with a positive net operating cash flow in 2008 and had total assets with a book value of about GBP 3 million at 31st of December 2008.

The management of DOCDATA N.V. expects that the sale of the replication activities in the UK will not have an adverse influence on the positive development of the Internet Service Company docdata. For the Telford site, management believes that this transaction will result in higher production volumes by adding the Sound Performance customer base.

The existing labour contracts with the personnel and staff of docdata media Ltd. will be taken over by Sound Performance on the same conditions.

Michiel Alting von Geusau, CEO of docdata: “I strongly believe that this agreement with Sound Performance, who has been a long time reputable customer for docdata media in the UK, is in the best interest of our employees in Telford. When Sound Performance approached us with the idea for this transaction, we realised that a true win-win could be achieved.”

Since 1994, Sound Performance is a full service provider with offices in London (United Kingdom), New York (USA), Paris (France) and Kortrijk (Belgium), offering a one-stop shop solution for all manufacturing and printing needs for all formats, including CD, Vinyl, DVD, Cassette and Video. In addition to the manufacture of CD Audio, CD-Rom, DVD, Vinyl, Video and Audio Cassettes, Sound Performance also offers a reprographic service and manufactures all associated packaging and print.