mic-Participation Wearable Technologies AG enhances Management Team with Ex-Siemens CTO Harry Strasser

(PresseBox) (Munich, ) Prominent enhancement for the management team of the mic investment Wearable Technologies AG. From the 1st of February 2013, the former Siemens CTO Harry Strasser will support the Munich/Germany based company with its expansion and internationalisation strategy in the future market Wearable Technologies (WT) as Managing Partner. As part of the ISPO 2013, Wearable Technologies AG will present the latest products and innovations in one of the fastest growing markets of the sport and healthcare sector.

Wearable Technologies AG, in which listed company mic AG (ISIN DE000A0KF6S5) holds a 66.7 per cent stake, will enhance its management team as of the 1st of February 2013 with the experienced ICT-Manager Harry Strasser (53). The future Managing Partner has been in international executive roles at leading high-tech companies for over 15 years, most recently as CTO at Siemens AG Communications, Munich and as strategy and marketing officer at Philips Consumer Communications, Paris. He has gained comprehensive management and industry expertise in telecommunications, IT, internet and consumer electronics. At the same time he will contribute with his entrepreneurial know-how as shareholder and board member of innovative start-ups and for the market launch of trend-setting innovations.

"I am glad that, with Harry Strasser, we were able to win an experienced manager and visionary expert in the area of digital convergence for ICT and user industries for our management team", explains Christian Stammel, CEO of Wearable Technologies AG. "With his expertise in international business development and his established business network he will play an important role in our further expansion", expands Stammel. "Wearable Technologies AG is, with its marketing and innovation platform, a worldwide leader in a fascinating trendsetting market. Together, we will further expand this success story in driving market growth and innovation, and also acting as a strategic investor"; the new Managing Partner Harry Strasser looks ahead optimistically.

Wearable Technologies Show: More performance, more safety, more fun!

For more than seven years, the WT conferences organised by Wearable Technologies have been the networking event of the WT sector and have taken place in leading locations such as San Francisco, Munich, Taipei and Beijing. Alongside innovative start-ups, global corporations are also involved from the semiconductors, telecommunications, consumer electronics, healthcare and sporting goods sectors. On the 4th of February 2013 the next WT conference will take place as part of the world's leading trade fair Sports ISPO in Munich. Once again more than 150 renowned experts from these sectors as well as representatives of leading venture capital enterprises are expected at the WT conference which will link start-ups, established companies, research institutes, investors, designers and students.

Besides the one-day expert conference, as part of the Wearable Technologies Show the latest products from one of the fastest growing markets of the sports and healthcare branch will be presented at the ISPO 2013 from the 3rd to the 6th of February 2013. This year the focus is on the themes "more performance", "more safety" and "more fun in sport". "New product developments in the Wearable Technology sector have been able to continuously create strong momentum and successful market trends in previous years. The rapid technological progress paves the way for the implementation of visionary ideas in ever-smaller intervals of time. This means that new possibilities clearly improve the safety of many sporting activities, enhance the performance and the fun", WT CEO Christian Stammel is convinced.

You can find further information in the Internet at
www.wearable-technologies.com
and from 03.02. - 06.02.2013 directly at the ISPO trade fair stand 231 in Hall A3, Messe München Trade Fair Centre, Munich.

About Wearable Technologies AG:

The platform "Wearable Technologies" (WT) is the leading international B2B marketing platform for technologies that are worn on or near the body. Since 2006 it has successfully supported companies of all sizes to establish themselves, market their technology and drive up sales and distributions. The focus is on the areas of health, sport & fitness, lifestyle & gaming as well as safety and occupational safety. As a partner of the most important international trade fairs, organiser of the world-first WT conference and publisher of numerous publications such as WTnews, WT was used by over 3000 international companies as a business accelerator in recent years. mic AG invested in WT AG in 2011 and since then, WT AG has been a strategic investor in the growing Wearable Technologies market.

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mic AG
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Sabrina Semmler
Presse, Marketing & Investor Relations
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