The News

Emailvision files for an IPO on the Euronext Paris Alternext stock market.

24/01/2006

Emailvision, the European market and technology leader for on-demand e-mail marketing software, has announced the registration of a “document de base” (Basic Listing Document)(1), dated January 23, 2006, under the number I.06-003, with the French Autorité des Marchés Financiers (Financial Markets Authorities), for its admission to the Euronext Paris Alternext stock market (2).

Emailvision, European leader in on-demand e-mail marketing applications

Founded in 1999, Emailvision is the European leader in web based technology services for e-mail and SMS marketing campaign management. Its leading product, Campaign Commander™, enables online marketers to  design, manage, automate and analyse response to opt-in e-mail marketing campaigns (permission based marketing).

Campaign Commander™ was recognised as one of the best professional e-mail marketing campaign management applications by the German consultancy Absolute Upspring in 2003 and 2005, and by the French consultancy Florence Consultant in 2003.

Operating in Europe's three major markets with offices in Paris, London and Hamburg, and over than 380 client accounts** already subscribed, Emailvision recorded revenues of € 6.85 million in 2005, up 73% over the previous year.

Emailvision operates in a high growth market (+25% growth per year).  Over the next three years, the company plans to grow revenues by at least 50% per year, and double its market share. The company has been profitable since October 2004.

Emailvision's profitable growth strategy is based on a high leverage business model including:

• An innovative and high added value technology service for clients,
• An "on demand" internet-based software model,
• Relatively fixed technology operating costs regardless of volume,
• Proven technological, sales and marketing know-how,
• A subscriptions revenue model providing a recurring revenue stream,
• Strong revenue visibility,
• An international presence,
• Healthy growth markets.

* Accessible from any Internet web browser via a user-friendly interface, Campaign Commander™ requires no on-site installation, no upgrades, no technical skills, and no infrastructure for the company using it. The application is operational as soon as the client's account is opened.

** Each client may have several accounts, typically if it communicates under different brand names.

An IPO on Euronext Paris Alternext: a key step in Emailvision’s market and technology leadership strategy.

Emailvision intends to strengthen its market position in Europe with a profitable growth strategy. The IPO on Alternext (2) will enable the company to strengthen its sales, marketing and R&D activities to support continued profitable growth and market leadership.

The operation will be carried under the aegis of Global Equities, Listing Sponsor and Investment services provider.

(1) This document is available free of charge from the Company's headquarters and in electronic form on the AMF website (www.amf-france.org) and on the Company's website (www.emailvision.com).

(2) Subject to the agreement of the French market authorities.

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. Major shareholders in the company include Nick Heys, Guy Porré, Spef Venture (Banques Populaires) and Sofinnova Partners.