03/20/2013

Barbara Stolz appointed new CFO at QSC AG

Cologne, March 20, 2013 - In its meeting yesterday, the Supervisory Board of QSC AG appointed Barbara Stolz (44) Chief Financial Officer of QSC AG effective June 1, 2013. She thus succeeds CFO Jürgen Hermann, who will become the company's Chief Executive Officer effective May 30, 2013.

Barbara Stolz has headed up the entire Finance operation at QSC AG since September 2009, and following the acquisition of IP Partner AG in late 2010 additionally served as this subsidiary's chief financial officer, where her responsibilities included integrating the company into the QSC Group. Stolz had joined QSC AG in 2005 as the head of Accounting after she had previously gathered extensive professional experience at such companies as IVG Immobilien AG and Metro AG.

"I not only value the broad scope of professional expertise that Barbara Stolz possesses, but also her in-depth knowledge of both the internal processes as well as the products and services of the QSC Group," notes Jürgen Hermann. QSC AG Supervisory Board Chairman Herbert Brenke stresses: "Barbara Stolz enjoys my complete confidence. I am sure that she will play an extremely competent and constructive role in helping to develop QSC into a full-fledged provider of ICT services."

About QSC

QSC - ICT solutions for small and mid-size enterprises
Cologne-based QSC AG offers small and mid-size enterprises one-stop shopping for an extensive range of ICT services: from telephony, data transfer, Housing and Hosting right through to IT Outsourcing and IT Consulting. With its companies INFO AG, a full-line provider of IT services headquartered in Hamburg, and IP Exchange, a Housing and Hosting specialist headquartered in Nuremberg, the QSC Group numbers among the leading mid-size providers of ICT and cloud services in Germany. QSC offers custom-tailored solutions for individual ICT needs, as well as a comprehensive product portfolio for customers and marketing partners that can be modularly adapted to suit the communications and IT needs in question. QSC offers its services on the basis of its own Next Generation Networks (NGN) and operates an Open Access platform, which unites a wide range of broadband technologies. QSC AG employs a workforce of just under 1,500 people and is listed on the TecDAX index.

Queries to:
QSC AG
Arne Thull
Head of Investor Relations
Phone: +49 221 6698-724
E-mail: invest@qsc.de