TelePart receives rating of 1 in index of creditworthiness and increases share capital to EUR 6 million

As part of the annual certification of "Top Business Partner" awarded by Hoppenstedt Kreditinformationen GmbH^*), TelePart Discount Distribution GmbH has been granted a rating of 1 in the index of creditworthiness. TelePart now belongs to the 3.3% of German commercial enterprises that boast a rating of 1 in the index of creditworthiness.

TelePart views this excellent result as confirmation of the sustainable corporate policy based on long-standing and partner-like business relationships.

TelePart also continued to make successful progress with its expansion strategy in the completed first quarter of 2011. During the remaining course of the financial year, there are also plans to expand the team by adding more industry professionals.

The sustainably positive development of the Dürnau-based company is supported by an additional increase in share capital to EUR 6 million. TelePart has been increasing its share capital annually by EUR 2 million since 2009 and has thus managed to create framework conditions for a performance that is also economically first class.

*) Hoppenstedt Kreditinformationen GmbH is a wholly-owned subsidiary of the Hoppenstedt Group and thereby belongs to Swedish company Bisnode AB, Europe's leading Group for business information.

As an independent distributor for mobile communication, TelePart has been supporting the specialist trade since 1991. The TelePart discount strategy is based on the effective combination of strong purchasing conditions and an unrivalled, extensive range of mobile phones with permanent availability of more than 90%.

From its site in Dürnau (Stuttgart), TelePart supplies around 200,000 mobile phones every month to a total of 3,000 professional clients located in over 40 countries.

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