Press release - 2007-09-18

Studentis Group - Acquires Student.be


The online community company Studentis Group confirms that it has acquired 100% of SA PackTime in Brussels. Packtime is the company behind Belgium's leading student website www.Student.be.

Studentis Group was established on July 1, 2006 and has since then increased its member base from 25,000 to over 975,000 members.

"Our ambition is to be on the frontline of the continuously rapid expanding community and social networking industry. This will be achieved through acquisitions of traffic, content, technology, geographic reach and key individuals", says Andreas Swahn, founder and CEO of Studentis Group.

Through the acquisition of www.Student.be and PackTime's Student Welcome Packs Studentis get a spring board into Belgium for further expansion in Europe. Student.be is the leading Belgian portal for university students and complement Studentis leading position in Sweden which is held through www.Student.se. The acquisition gives Studentis enhanced web traffic, return on investment and adds key figures from a strong local directors board. On the board of PackTime is, among others, Baron Jean Peterbroeck who is also a memeber of the board for NYSE Euronext (New York Stock Exchange Euronext).

"It is with joy we become part of Studentis Group and look forward to a strong continued development together", says Charles de Wouters. Student.be and PackTime is led by Charles de Wouters who will be responsible for Studentis concerns in Benelux.

Studentis Group drives the consolidation of the community industry in Sweden and Europe. Since its launch Studentis Group has quickly established itself as the fastest growing community player from Sweden.

Among previously acquired communities are:
www.Student.se • www.Snuttis.com • www.MVGplus.com • www.Spana.com • www.Abandonia.com
www.Reloaded.org • www.Skoore.com • www.Pupkus.com • www.Shoutcentral.com • www.Nappet.se
www.Kanaler.se • www.Studenternas.se


Studentis grows and continuously search for people with experience from communities and social network sites. During the year Studentis expect to recruit a number of people beyond the people that will be added through acquisitions and mergers.


If you have any questions please contact Andreas Swahn founder and CEO Studentis Group AB
Tel: +46-33-722 00 01, Mobile: +46-704-22 22 01, E-mail: andreas.swahn@studentis.com


Studentis Group a leading network of online communities. Through aquisition, professional development and monetization of communities, Studentis creates opportunities for clients to reach their target audience and for our members to communicate via social networking.

Studentis Group AB • Alingsåsvägen 6 • 504 38 Borås • Sweden • Tel: +46-33-722 00 00 • Fax: +46-33-722 00 22
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