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Ad Serving Solutions for
05/23/2013

PRESS RELEASE

Change in Management Board: Erhard Neumann is the New CEO of ADTECH



Dreieich, 19. April 2011 – ADTECH AG, international provider of ad serving solutions and subsidiary of AOL Advertising Inc., announced it has a new Chief Executive Officer (CEO). Erhard Neumann will take over worldwide management of ADTECH AG immediately – in addition to his function as Chief Operating Officer (COO) of the company. He will continue to be supported by long-standing Chief Technology Officer Mark Thielen.

Neumann has been COO since 2006 and has in addition been working for the company since 2001. With his nomination as CEO he succeeds Dirk Freytag, who will step down as CEO of the company and will be leaving after a transition period.

“I look forward to seeing ADTECH AG continue to grow with Erhard Neumann at its head. In the last few years, the management board has built up a healthy company and successfully established it as one of the very few German Internet companies in the USA. Consequently, in the name of the Supervisory Board, I would like to thank Dirk Freytag for the work he has done for ADTECH in the last eleven years. Dirk Freytag has made a decisive contribution to the company’s performance and growth. We wish him all the best for his future,” said Ned Brody, Chairman of the Supervisory Board of ADTECH AG and President of AOL’s B2B Group.

The company primarily concentrated on developing from a banner supplier into a technology service provider for the entire online industry under the management of the previous management board. Founded in 1998 in Frankfurt, the company is now represented on five continents. ADTECH employs over 200 employees around the world. The company is wholly owned by AOL Inc. 

Erhard Neumann commented on the changes at the top: “I'm delighted that the Supervisory Board is transferring more responsibility for the company to me. Together with Mark Thielen I will ensure the continuity in the management board that lets our company and technology continue to grow. ADTECH has fantastic employees, for whom customer service always comes first. I’m proud of what we’ve achieved together in recent years and am convinced by the plans and future prospects of the company.”

Biography of Erhard Neumann
COO at ADTECH since 2006
Erhard Neumann has been responsible for the product management, CRM and customer service sectors since 2001.
He was responsible for the current front-end Helios IQ.
Before his work at ADTECH he was involved in management, in particular in product and customer loyalty management in the automotive industry.
In addition, Erhard Neumann has accumulated several years of experience in managing major projects.

ADTECH press contact:
Diedre Ayers
AOL Corporate Communications
(212) 652-6355



About ADTECH
ADTECH is an international supplier of digital marketing solutions and AOL Advertising's ad serving platform. The company's flagship product is an integrated ad server solution that enables web publishers, ad networks, agencies and advertisers to manage, serve and evaluate virtually any kind of online advertising campaign including display, video and mobile formats. ADTECH's solution differentiates itself from the competition through its scalable, enterprise-class infrastructure and user-friendly tools, providing users with increased efficiency, reliability and ROI for their online advertising business. ADTECH customers include major players like BSkyB, Hi-media, Gannett and Fox Networks. ADTECH AG is a wholly-owned subsidiary of AOL Inc.

About AOL
AOL Inc. (NYSE: AOL) is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience. AOL's business spans online content, products and services that the company offers to consumers, publishers and advertisers. AOL is focused on attracting and engaging consumers and providing valuable online advertising services on both AOL's owned and operated properties and third-party websites. In addition, AOL operates one of the largest Internet subscription access services in the United States, which serves as a valuable distribution channel for AOL's consumer offerings.



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