The News

Emailvision Announces Successful IPO On Euronext Paris Alternext Market.

08/02/2006

30% of the placement was subscribed by individual retail investors

Emailvision, the European market and technology leader for on-demand e-mail marketing software, announced its successful IPO on the Euronext Paris Alternext stock market. The IPO was successful with both institutional and individual retail investors.

The IPO price was fixed at €2.55 per share.

Considering the oversubscription from both institutional and individual investors, Emailvision decided to exercise the extension clause on the capital increase, increasing by 15% the number of new shares issued.

4,369,918 shares were admitted on Alternext (representing a free float of 28%) resulting from total gross proceeds of €11,143,291 broken down as follows: 

- €5,960,365 resulting from 2,337,398 new shares issued following the capital increase,
- €5,182,926 resulting from the sale of 2,032,520 existing shares.

Emailvision’s decision to allocate a significant share of the offer to individual investors, which is unusual on Alternext, was welcomed by individual shareholders. This should bring strong liquidity to the stock.

The Share allotment was broken down as follows:

- 3,058,943 shares were allotted to institutional investors (70% of the offer);
- 1,310,975 shares were allotted to individual investors (30% of the offer).

Settlement and delivery is scheduled on the 13th of February 2006 and share trading will start on the 14th of February 2006 (code ISIN: FR0004168045, code MNEMO: ALEMV).

Emailvision would like to thank its new institutional and individual shareholders for their trust and thank all of their partners who participated in this important IPO project.

The proceeds of the IPO will allow Emailvision to finance the strengthening of its sales force, the building of additional data centres and accelerate R&D projects. It will also provide additional financial resources to acquire companies with complementary on demand marketing technologies or complementary geographic market positions.

Prospectus availability: Prospectus signed by French Market Authorities (Autorité des marchés financiers or “AMF”) on 27 January 2006 under the visa n° 06-026 is available free of charge from EMAILVISION’s headquarters, 42-46 rue Médéric, 92210 Clichy and in electronic form on the AMF website (http://www.amf-france.org/)

About Emailvision
Emailvision is the European technology and market leader in "on demand" applications for e-mail marketing. Campaign Commander™ has become the e-commerce benchmark tool for managing, automating and delivering profitable e-mail marketing campaigns.
Emailvision operates a highly robust and secure technical platform capable of delivering over 300 million e-mail messages per month. The company also offers professional services including training, integration, support and best practice sessions. Emailvision's clients enjoy one of the highest e-mail message delivery rates in Europe (> 95%).
Founded in France in May 1999 by Nick Heys, Emailvision has a workforce of 55 throughout its subsidiaries in the United Kingdom, Germany and France.