Gigaset Communications GmbH expands smartphone business and terminates market transaction agreement with Goldin

Munich, December 14th 2016 - On December 14, 2016 the company decided to expand the "smartphone" segment. In the future, the company also wants to cooperate with partners outside the Goldin-Group to produce smartphones marketed under the "Gigaset" trademark.

In order to maintain the unrestricted availability of the "Gigaset" trademark, the on June 25th, 2015 con-cluded but not yet administered Asset Purchase Agreement relating to the "Gigaset" trademark portfolio ("Brand Transaction Agreement") between Goldin Brand Pte. Ltd. and Gigaset Communications GmbH shall be terminated.

Therefore Gigaset Communications GmbH remains unrestricted owner of the "Gigaset" trademark. The company is free to cooperate with partners outside the Goldin-Group to expand the smartphone busi-ness, opening up new growth areas.

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