Club Cooee Red Herring Europe 2008 Finalist, AURELIA PRIVATE EQUITY invests in promising newcomer

April 10th, 2008

Kaiserslautern, April 10th, 2008 – Club Cooee has become one of the 200 finalists in this year’s Red Herring 100 Europe 2008 Award. Red Herring editors have discovered well-known companies such as Google, eBay and Skype in their early days and touted them as pioneers.

Red Herring, editor of the worldwide leading innovation magazine for investors and business decision-makers, assigns this award to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) once every year.

To assign this award the editorial staff of Red Herring rigorously evaluates several hundred private technology companies through a careful analysis of financial data and other strict criteria. This year the TOP 100 Red Herring start-ups will be awarded during the Red Herring Event, taking place at the Westin Dragonara Resort at Malta from April 14th-16th.

The two founders and seed investors Alexander Jorias and Ingo Frick:

„For our start-up team the placement among the finalists of the ‚Red Herring 100 Europe 2008’ award means a confirmation of our company’s philosophy. Communication simply is key to any innovation”

, says Alexander Jorias.

And Ingo Frick adds:

„The mere vicinity to great names such as eBay and Google fills us with pride. To be listed among the best 200 start-ups based in Europe, the Middle East and Africa is not only an honour, but also a challenge.”

Today cooee GmbH also announces the participation of the venture capital company AURELIA PRIVATE EQUITY.

Stefan Lemper, partner at AURELIA PRIVATE EQUITY:

„We are absolutely convinced of Club Cooee’s potential. The innovative technical approach as well as the creative power behind this ambitious project open up many different possibilities and business ideas.”

„We are very happy to have found an early stage investor in AURELIA PRIVATE EQUITY. Their management team has immediately recognized Club Cooee’s high technical and conceptional innovation potential”

, says Ingo Frick.

„With Club Cooee as a social gaming application of the latest generation we are entering a worldwide fast growing market. But together with AURELIA PRIVATE EQUITY Club Cooee’s unique selling points will enable us to open up this market”

, states Alexander Jorias.

About cooee GmbH

Cooee GmbH is situated in Kaiserslautern and was founded in October 2007. With Club Cooee the company provides a 3D communication environment whose motto is: “Express yourself!”. The lean 3D-client, available on http://www.clubcooee.com for free, enables the depiction of rooms, places, avatars and accessories on Windows Vista and Windows XP. The official website is connected to the 3D-client and contains loads of live features to create a Club Cooee community.

About AURELIA PRIVATE EQUITY

Aurelia Private Equity invests in innovative technology companies in Germany. They support companies in the fields of IT, life sciences and industry innovations with an excellent management and scaleable products with a clear competitive advantage.
For further information go to: www.aurelia-pe.de

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press@clubcooee.com
www.clubcooee.com