PRESS RELEASE

Dirk Freytag to continue as CEO of ADTECH

New York, NY – 29th June 2009 - ADTECH AG has today announced that its Supervisory Board has extended the contract of the Chief Executive Officer, Dirk Freytag.  ADTECH AG, a leading provider of ad serving technology, is an independently operated unit of AOL Advertising.

With Dirk Freytag at the helm, the adserving platform has successfully completed global expansion plans over the last four years and has consistently increased revenue.  Under his leadership and guidance ADTECH weathered the ‘credit crunch’ crisis in 2008, and achieved strong double digit revenue growth.  The first quarter of 2009 has also seen strong growth in earnings.  The decision to extend his tenure ensures continuity at the top of the company, and the Board of Management, executives and employees can continue the global course of growth and innovation set in motion by Freytag.

Since taking up his post as CEO in 2005, Freytag has overseen the growth and development of the company's adserver solution as it spread across all five continents.

Following the company's acquisition by AOL in May 2007, Freytag moved offices from Frankfurt to New York early in 2008 to provide impetus for business in the United States.  A frequent commuter between the continents, and a popular media figure, he is a well respected and first-rate expert in the new media and online marketing fields.

Freytag joined ADTECH in 2000 during the hot 'new economy' phase as Vice President Communications.  He previously worked for Bull AG in charge of internal and external communications.  His many years of professional experience in press and PR were gathered at big names including German Railways and Berentzen AG.

A photo with print resolution (300 dpi) is available for download: Dirk Freytag.