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06.10.2006 - euroadhoc / Börse / stock market / Mergers - Acquisitions - Takeovers
euro adhoc: Lycos Europe N.V. / Mergers - Acquisitions - Takeovers / LYCOS Europe strengthens position in eCommerce business by acquisition of shopping specialist mentasys (E)=

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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.
                                    - ends -
Further inquiry note:
Kay Oberbeck, Director IR & PR
Tel.: +49 (0)5241 8071055
E-Mail: kay.oberbeck@lycos-europe.com
emitter:      Lycos Europe N.V.
              Richard Holkade 36
              NL-2033 PZ Haarlem
phone:        +49 (0)5241 80 71000
FAX:          +49 (0)5241 80 71450
mail:         investor.relations@lycos-europe.com
WWW:          http://www.lycos-europe.com
ISIN:         NL0000233195
indexes:      Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse,
              free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
              Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
              Niedersächsische Börse zu Hannover, Bayerische Börse 
sector:       Software
language:     English