DADA: EBITDA for Q1 2005 is expected to reach Euro 3 million, about 20% of sales.
The agreement with Chinese partner LINKTONE has commenced.
Milan, March 2, 2005 – During today’s presentation at “2004 STAR & TECHSTAR COMPANY RESULTS”, an event organized in Milan by the Italian Stock Exchange, Paolo Barberis, Chairman of DADA, announced that DADA EBITDA for the first quarter 2005 is expected to reach Euro 3 million, about 20% of sales.
DADA Net Financial Position in 2005 is expected to exceed Euro 25 million.
During today’s event, DADA has also announced that the partnership with LINKTONE (NASDAQ: LTON) has already started.
Under this agreement, the leading provider of wireless value-added services to mobile users in China will soon start offering DADA entertainment mobile services and products to the Chinese market.
In Italy DADA has already exceeded 860 thousand active subscribers to its mobile VAS while serving over 2 million mobile users.
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DADA S.p.A. is the Italian leader in community & entertainment services via mobile and web: its offering is made up by a wide range of pay "Community & Infotainment" product and services, which can be enjoyed both through the Group's well known web portals (superEva.it and Clarence.com), and via mobile, thanks to the unique number SMS to the Telco’s TIM, Vodafone, Wind and/or through the presence in the new generation web portals "TRE" and " i-mode". Listed on TechStar of the Nuovo Mercato of the Italian Stock Exchange, DADA heads a Group of companies offering of Net products and services, among which Register.it S.p.A., the Italian leader in the management of privates and companies online presence.
