Dépêches

Aéroports de Paris: Hub Telecom, the Leading Telecom Operator of the Transport, Freight and Logistics Sector, is to Take Over masternaut, the European Leader of Geolocalized Services.

Dépèche transmise le 25 mars 2009 par Business Wire

PARIS--(BUSINESS WIRE)--Regulatory News:

Aéroports de Paris (Paris:ADP) (Pink Sheets:AEOPF):

Hub télécom, the specialized subsidiary of the Aéroports de Paris Group founded in 2001, has announced that it has acquired masternaut, the European leader in vehicle tracking and on-board telematic services. This purchase allows Hub télécom to provide a distinct and wide-ranging offer, combining telecommunications services with geolocalization and traceability solutions. This new step forward is part of its ongoing business strategy, aiming at strengthening its position as the leading telecom operator in complex sites as well as the leading integrator of business solutions for the transport, freight and logistics sector.

With a consolidated turnover of 95.8 million euros in 2008 and 300 employees, Hub télécom provides integrated telecom solutions, including multiservice data networks and communication applications. A widely-acknowledged specialist in professional WiFi, the company deploys its networks in complex sites, such as airports, ports, logistic sites and exhibition centers. Over the last few years, the company has also gained a stronghold in the geolocalization and traceability markets, via its acquisition in 2007 of the company BGI Technologie – since renamed Hub télécom région – and in particular through the provision of an innovative RFID solution, built around a service middleware platform unique to the market.

Masternaut is the European leader in on-board telematics and the pioneer of Fleet Management. Founded twelve years ago and with over 200 employees, the company, which is based in France and has a significant presence in Europe, has experienced a rapid growth in business and recorded a turnover of more than 40 million euros in 2008. Offering complete solutions enabling businesses to optimize performance and profitability, together with the security and comfort of mobile employees, masternaut draws on an innovative range of services, in particular via its new MCU3 box that combines geolocalization, voice or text communication and navigation using the Webraska technology acquired in 2007. Masternaut solutions equip over 100,000 vehicles for 5,000 customers in Europe.

Merging the teams of the two companies – with their highly-complementary technological expertise and their unique knowledge of the business and requirements of their customers – will enable them to offer an innovative range of services based on telecommunications and the internet, along with solutions and services involving geolocalization and mobility.

The group comprising Hub télécom and masternaut thus aims to become the European leader in markets in which growth will be stimulated by customers’ constant pursuit of responsiveness and service quality, and by the issues raised by optimizing energy consumption and respecting the environment.

Backed by a major company listed on Euronext Paris, the new partnership will benefit from solid financing, as well as the corporate awareness and international presence of the Aéroports de Paris Group, which recently announced an industrial alliance with the Schiphol Group, the owner of Amsterdam airport.

“This agreement is a great opportunity for masternaut, which is set to benefit from the Hub télécom marketing network to strengthen its development strategy, as well as its presence on the French and European markets”, declared Serge Deleau, General Manager of masternaut.

“The acquisition of masternaut marks a major step in our development strategy”, declared Jean Verdier, President and CEO of Hub télécom. “The synergies resulting from this integration will enable us to strengthen our position as the leading business operator of the transport sector”.

About Hub télécom:

Benefiting from its expertise in telecommunications on airport platforms, Hub télécom, a subsidiary of the Aéroports de Paris Group, is the specialized telecom operator for airports, ports and logistic centers both in France and abroad. Its expertise and added value combine to make it both a telecommunications operator and a communication application solution integrator for transport and logistics. Hub télécom provides telecommunication services to over 1,350 companies in Paris airports, as well as in regional airports and exhibition centers, with 150,000 users every day.

Through its subsidiary Hub télécom région, specialized in business mobility solutions, Hub télécom has established its position as a leading telecom player in the Transport, Freight and Logistics sector and has strengthened its national presence through a network of agencies that offer increased proximity to the domestic customer base.

For more information, www.hubtelecom.com.

Hub télécom, a limited company with capital of 28 347 975 euros RCS BO–IGNY - 437 947 666
VAT: FR 29 437 947 666

About masternaut:

A vehicle tracking and on-board services operator, masternaut is the European leader in Fleet Management with over 100,000 equipped vehicles. The range of services on offer from masternaut, which have been designed to meet the requirements of micro-, medium-sized and large companies, cover equipment, software and service. According to the requirements of the customer (standard or specific), masternaut provides package or customized solutions. The company recorded a turnover of more than 31 million euros in 2007, rising to over 40 million in 2008.

For more information, www.masternaut.com.

About Aéroports de Paris

Aéroports de Paris builds, develops and manages airports including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. Aéroports de Paris is Europe's second-largest airport group in terms of airport revenue and the European leader for freight and mail. Aéroports de Paris accommodates nearly 460 airlines, including the main companies in the air transport industry. With an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernizing its terminal facilities and upgrading quality of services, and also intends to develop its retail and real estate business. In 2008, Aéroports de Paris had revenues of €2,527 million, and the Group handled 87.1 million passengers.

For more information, www.aeroportsdeparis.fr

The financial and legal consultants for this acquisition are LD&A (Paris) and Bredin Prat (Paris).