ELSA AG: New Supervisory Board Members

March 2, 1998—ELSA AG in Aachen, Germany, one of the leading manufacturers of PC peripherals for computer graphics and data communications, has appointed new members to its supervisory board prior to its planned stock market flotation. Wolfang Dondorf and Theo Lieven could be won for these positions. Dondorf was elected Chairman of the Supervisory Board.

Wolfgang Dondorf is also the Chairman of the Board of Pfeiffer Vacuum Technology, Asslar. This company’s shares have been traded on the New York Stock Exchange since 1996. In addition to his technical competence, Dondorf also brings extensive experience in international capital markets to ELSA AG.

Theo Lieven is the cofounder of the Vobis computer retail chain. With his many successful years in the computer industry and the marketing of consumer goods, he has a great deal of knowledge in fields which are also of central importance to ELSA.

In addition, Dr. Hanno Schmitz-Hüser, who has been associated with ELSA for many years as a qualified auditor and tax consultant, will remain a member of the Supervisory Board.

Theo Beisch, President and CEO of ELSA

As Theo Beisch, the President and CEO of ELSA, stated in this connection, these prominent new members of the Supervisory Board will take ELSA a significant step further on its way to the stock exchange.

ELSA AG is a stock company based in Aachen, Germany, with subsidiaries in Santa Clara (California), Taipei (Taiwan), and Tokyo (Japan). Founded in 1980, ELSA has built up a world-renowned reputation for applying advanced engineering expertise to computer graphics and data communications products. Technological competence, German standards of quality, leading-edge products and services backed up by excellent support: these are factors which firmly place ELSA at the forefront of the market today.

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