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Interport announces IT services plans

Otto Schlörb, manager of Interport Gesellschaft für Immobilien-Kommunikations-Management (Munich), announced that his company plans to offer communication and internet services to small-to-medium-sized businesses renting offices and shops.

The service, based on a US model, would help companies reduce IT service costs by 40%, Schlörb said. Interport is already equipping six buildings that belong to IVG, which has taken a 45% stake in Interport, and it is negotiating similar deals with other companies.

The company intends to go public once it has signed contracts with 25 properties, something that it expects to have happened by the beginning of 2002.

Interport is predicting a turnover of €8m (DM15m) to €10m (DM20m) in 2001, and more than €51m (DM100m) in 2002.

Frankfurter Allgemeine Zeitung 6 September 2000, page 16

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