Weilrod – In the framework of the restructuring of the Mania Group it has been necessary for the two 100 percent subsidiaries, Mania Deutschland GmbH (Commercial Registry Bad Homburg HRB 8774) and Mania Entwicklungsgesellschaft GmbH (Commercial Registry Bad Homburg HRB 9465), to file for insolvency. Mr. Arno Wolf, lawyer in Kronberg im Taunus, has been appointed preliminary administrator. Insolvency has been filed to protect the assets of these companies. Both subsidiaries only play a supporting role in the operative daily business, their necessary continuing support for the total group has been secured by the filing for insolvency. The restructuring process in the insolvency proceedings continues. At the moment talks are taking place with all parties involved and interested. With the exception of the Production Systems Division in the U.S., operative companies are working as usual. In particular the Business Division Outsourcing is continuing to provide customers with all services at its usual high standard. (Source: www.maniagroup.com.)