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Datum : 14.05.2014

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DGAP-News: TIMELESS LUXURY GROUP: Kierdorf & Partner takes over strategic license management of the TIMELESS LUXURY GROUP

Meldung : DGAP-News: TIMELESS LUXURY GROUP / Key word(s): Agreement TIMELESS LUXURY GROUP: Kierdorf & Partner takes over strategic license management of the TIMELESS LUXURY GROUP 14.05.2014 / 10:00 --------------------------------------------------------------------- Kierdorf & Partner takes over strategic license management of the TIMELESS LUXURY GROUP Munich, May 14, 2014 - The TIMELESS LUXURY GROUP, which designs and sells luxury goods under the TIMELESS brand, announces today that in the future Kierdorf & Partner, one of Germany's leading agencies for strategic license marketing with a focus on lifestyle and fashion/textiles, will take over the procuring and issuing of the brand's licenses to specialized industrial partners. "With our luxury villas and chalets as well as our innovative OCEAN CLUB yacht, we have positioned the TIMELESS brand very well. In the future, we also want to establish the brand outside of our core business segment to further diversify our product portfolio," explains Michael Gössl, CEO of the TIMELESS LUXURY GROUP. "That's why we are very pleased to announce that Kierdorf & Partner, one of the most successful German licensing agencies, has decided to include our brand in their portfolio of renowned companies." Since 1983, Kierdorf & Partner has been working with successful brands, such as Baldessarini, Bugatti and Tom Tailor. Hans-Gerd Kierdorf, the owner of Kierdorf & Partner, adds, "TIMELESS is a strong brand with consistent appeal thanks to elegant design as well as selected cooperation partners who implement the projects. For this reason, we see a lot of potential for the brand as well as for the development of a broad portfolio under its auspices. Accordingly, we gladly decided to include the TIMELESS brand in our portfolio and to support the continued strategic orientation of the brand." TIMELESS LUXURY GROUP The TIMELESS LUXURY GROUP consists of the two companies, Timeless Homes GmbH and Timeless Luxury GmbH. Timeless Homes GmbH Timeless Homes GmbH coordinates the activities of the TIMELESS LUXURY GROUP in the real estate sector. Together with selected partners from the design, real estate, and tourism sectors, it realizes the marketing, sale, and construction of turnkey luxury villas under the TIMELESS HOMES brand, luxury chalets under the TIMELESS CHALETS brand, and the leasing of high-quality vacation villas under the TIMELESS HIDEAWAYS brand. The Timeless Homes GmbH bond (WKN: A1R09H) has been trading openly on the Düsseldorf Stock Exchange in the primary bond market segment since July 2013. It has also been traded on the Quotation Board of the Frankfurt Stock Exchange since November 2013. Timeless Luxury GmbH Timeless Luxury is a partner company with Timeless Homes GmbH, headquartered in Munich. The company implements other projects beyond the luxury real estate sector under the TIMELESS brand. In January 2014, the 18-meter "Ocean Club" luxury yacht was launched at the Boot Düsseldorf trade fair under the TIMELESS YACHTS brand. Please visit www.timeless-luxury.com for further information. Kierdorf & Partner K&P specializes in strategic license marketing. The agency's focus is on procuring and issuing licenses with a focus on lifestyle and fashion / textiles. For its strong brands, Kierdorf & Partner plans their diversification in proper product segments and supports licensors and licensees in their respective partnerships. Kierdorf & Partner GbR was founded in 1983 as a consulting firm by Hans-Gerd Kierdorf and is now one of the leading licensing agencies in the fashion and lifestyle sectors. For additional information, please visit www.kierdorf-und-partner.de/en/index-en.html. Media Contact Timeless Homes GmbH: Anne Hennecke MC Services AG Tel: +49-211-529252-22 E-mail: anne.hennecke@mc-services.eu End of Corporate News --------------------------------------------------------------------- 14.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------- 268212 14.05.2014

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