Düsseldorf, 20. January 2016 -

The Supervisory Board of net mobile AG has reached a settlement with the former Board Member Kai Markus Kulas. Following his resignation in December 2014 there were differing views about outstanding payments. These have been resolved through a compromise settlement.

Kai Markus Kulas was instrumental in the successful startup and the steady growth of net mobile AG and played a decisive leadership role. The Supervisory Board of net mobile AG would like to thank him for his outstanding work and commendable achievements as well as his valued loyalty over the last 14 years.

About net mobile AG

net mobile AG is a leading international full-service provider of payment solutions and mobile value added services. The company, founded in November 2000, is regarded as an innovation leader in the marketplace. Clients worldwide include national and global mobile telecommunication providers, media companies, online shopping portals, brand name companies and television networks, for which complete white label solutions such as direct carrier billing and mobile television services are provided. Since December 2009, NTT DOCOMO, INC. is the main shareholder with over 87% share ownership. For more information please visit www.net-mobile.com.

Press Contact net mobile AG

Dennis Heisig
Press Officer
Phone +49 211 970 20-344
Fax +49 211 970 20-999
dennis.heisig@net-m.de

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net mobile AG issued this content on 20 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 February 2016 08:37:04 UTC

Original Document: https://www.net-mobile.com/en/company/press-events/press-releases/?tx_netmnews_pi1[uid]=374&cHash=c62a0822e062ccb5e797ba30232d806f