Charles Fränkl is new CEO at ClickandBuy

Former CEO of AOL Germany joins FIRSTGATE/ClickandBuy, the internet
payment service

Zug (CH) / London / Cologne, 4 December 2008. The supervisory board
of the Swiss company FIRSTGATE Holding AG, operator of ClickandBuy,
the international internet payment service, announces the immediate
appointment of Charles Fränkl to the management team as ClickandBuy's
new CEO. Norbert Stangl, ClickandBuy's founder, will continue to help
shape and form the strategic focus of the corporate group in close
coordination with Charles Fränkl.

"As CEO, Charles Fränkl will develop the group's strategy together
with the supervisory board and is responsible for its transnational
implementation at operational level by the respective group company
management teams. In Charles Fränkl we are happy to have gained a
recognized leadership personality who will lead ClickandBuy to the
next stage of corporate development", says Norbert Stangl, President
of the Supervisory Board.

"The continuing boom in the e-commerce market, our high double-digit
growth, and the international expansion of ClickandBuy present us
with ever greater challenges. The realignment of our management team
through the inclusion of outstanding leadership personalities such as
Charles Fränkl and Michael Grodd marks the consistent continuation of
our successful growth strategy", comments Achim Lederle, Vice
President of the Supervisory Board and partner at the private equity
company 3i.

In the Swiss manager Charles Fränkl (50), the former CEO of AOL
Germany, ClickandBuy has gained a CEO who is one of the most
experienced ITC experts worldwide, having already secured Michael
Grodd, a top-ranking manager and former head of marketing and sales
at Arcor, as its sales and marketing director in September 2008.
Fränkl was also responsible for the global technical development of
Vodafone and built up Vodafone Information Systems with its
1000-strong workforce. Previously Fränkl headed the business clients
division at E-Plus. He was also the director of data and multimedia
products at Swisscom.

About ClickandBuy

ClickandBuy is one of the leading internet payment systems and an
international full-service solution provider for e-payment and
billing. Over 14,000 merchants use ClickandBuy for their e-commerce,
online entertainment, and paid content billing, including Apple
iTunes, Electronic Arts (EA), T-Online Gamesload, Softwareload and
Musicload, Redcoon, Home of Hardware, Nero, Tiscali, Meetic, Parship,
FriendScout24, SanDisk, AutoScout24, ADAC, RTL, Financial Times
Deutschland, Playboy, Foto.com, HOOD.de, ePages, etc. Around 12
million customers already make their payments via ClickandBuy, the
service which once again won full marks in the categories security
and ease-of-use in CHIP magazine.
Founded in Switzerland by Norbert Stangl in 1999, the internet
payment service is operated in Switzerland by its licensed partner
SWISSCOM and in other European markets by ClickandBuy International
Ltd. Today, as a micro- & macro payment solution provider,
ClickandBuy already offers 46 payment methods in 26 countries. More
than 120 currencies are handled. Intel invested in ClickandBuy at the
start of 2007 and, as early as in 2006, Deutsche Telekom bought a 10
percent interest in ClickandBuy - and 3i invested ¤20 million in
ClickandBuy in 2006, providing support for its expansion strategy.

ClickandBuy - Media Contacts

Headquarters * Andreas Horst * Director of Corporate Communications
Artherstrasse 23 a * 6300 Zug * Switzerland
Phone: +41 (41) 72 72 - 115 * Fax: +41 (41) 72 72 - 119
German Division * Im MediaPark 5 * 50670 Cologne * Germany * Phone:
+49 (221) 177 38 - 992
E-mail: andreas.horst@clickandbuy.com * www.clickandbuy.com

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