The supervisory board of Telegate AG appointed Michael Geiger, presently Vice President Technology, as member of the management board as of October 11, 2014. Mr. Elio Schiavo, presently CEO, resigns from his position with the close of October 10, 2014. Mr. Franz Peter Weber, Chief Financial Officer, will be appointed new spokesman of the management board of telegate AG as of October 11, 2014.