Located in central Europe, Germany is made up of the North German Plain, the Central German Uplands (Mittelgebirge), and the Southern German Highlands. The Bavarian plateau in the southwest averages 1,600 ft (488 m) above sea level, but it reaches 9,721 ft (2,962 m) in the Zugspitze Mountains, the highest point in the country. Germany's major rivers are the Danube, the Elbe, the Oder, the Weser, and the Rhine. Germany is about the size of Montana.

FLUXX is Germany's leading specialist in the lucrative gaming market. Whether as a service provider for lottery companies and racecourses, as an expertise partner for major Internet players such as AOL, Lycos and freenet or as a supplier of its own lottery and betting platforms such as JAXX and Telewette, FLUXX is participating in the multi-billion gaming market in many different ways. The necessary rights and licences and the technical and market-relevant expertise place FLUXX in a position to be able to arrange any form of gaming and gambling, along a variety of sales channels, between the consumer and the state licence holders. In addition to self-marketed services, FLUXX makes its products and services available to other companies and organisations with extensive customer contacts. The shares of FLUXX AG have been traded on the Frankfurt Stock Exchange since September 1999. The operative functions of the subsidiaries JAXX, ANYBET and DSM are based in Hamburg-Ottensen. The management holding company with the Management Board and the employees of the Legal, Personnel, Finance and Business Development Departments have their base in Altenholz, near Kiel.

JAXX AG: Convertible Bond Fully Placed
ALTENHOLZ, Germany (September 26, 2008) – The gaming specialist JAXX AG (ISIN DE000A0JRU67) has succeeded in placing its 6.66% convertible bond, due in 2013, on the capital market. A total of 161,830 debentures, which can each be converted into 10 JAXX shares, were issued at a unit price of EUR 26.00.................Subscribers

German Lottery Operator Issues Convertible Bond For Up To EUR 4.2 Million
ALTENHOLZ, Germany (September 4, 2008) -- The Management Board of JAXX AG, Altenholz, has with the approval of the Supervisory Board decided to issue a convertible bond. The 2008/2013 convertible bond will be.................Subscribers

Victory in Federal Supreme Court: JAXX AG Prepares Multi-Million Compensation Claim Against Lottery Cartel
ALTENHOLZ, Germany (August 14, 2008) -- The Federal Supreme Court (BGH) has paved the way for substantial compensation claims against the German lottery cartel in today's decision.........Subscribers

Supreme Court Rules Against State Lotteries, Cites EC Concerns Over State Treaty
KARLSRUHE, Germany (August 14, 2008) -- German state lottery operators cannot continue to block games offered by commercial betting firms because doing so breaks competition rules, one of the country's top courts ruled on Thursday...................Subscribers

JAXX AG Profits From Rising Demand For Sports And Horse Betting
GERMANY (August 7, 2008) -- The gaming specialist JAXX AG (formerly FLUXX AG; ISIN DE000A0JRU67) today has published its report on the first half of 2008..........Subscribers

New UK Boss for German Online Lotteries/Gaming Operator
UNITED KINGDOM (July 28, 2008) -- German online casino operator Fluxx AG has announced that Sean Keogh has replaced Mark Irvine as Managing Director for the firm’s British operation, Jaxx UK Limited.....................Subscribers

EM Boosts Betting Business for JAXX AG
ALTENHOLZ, Germany (July 11, 2008) -- The European Championship in football and the Hamburg Derby Week, Germany's largest flat racing event, have broken all the records at JAXX AG (formerly FLUXX AG....................Subscribers

JAXX AG Sailing Under New Colours
ALTENHOLZ, Germany (July 1, 2008) -- It is now official: the change of name from FLUXX AG to JAXX AG has been entered on the Commercial Register. As from today...................Subscribers

FLUXX AG becomes JAXX AG
ALTENHOLZ, Germany (May 21, 2008) -- At today's Shareholders' Meeting in Kiel the shareholders of the gaming specialist FLUXX AG voted by a clear majority in favour of the change in the company's name to "JAXX AG".............Subscribers

FLUXX Doubles Quarterly Revenue
ALTENHOLZ, Germany (May 15, 2008) -- The gaming specialist FLUXX AG succeeded in improving both its revenue and earnings in the first quarter of 2008.............Subscribers

FLUXX Aiming For Return To Profitability In 2008
ALTENHOLZ, Germany (March 27, 2008) -- The gaming specialist FLUXX AG (ISIN DE000A0JRU67) today presented its accounts for 2007. According to the figures released today, the revenues of the FLUXX Group in 2006 showed a .............Subscribers

JAXX Rides to the Rescue of Bet and Game Customers
The UK customers of the online gaming company betandgame.com are being transferred to JAXX UK Ltd in a deal that includes all current deposits and outstanding bets on more than 17,000 individual accounts..............Subscribers

FLUXX Perceives Tide Turning In Gaming Market; EU Commission Gives Germany The Count
-- Commission initiates first stage of infringement proceedings against Germany
-- FLUXX welcomes Commission's action and calls for change to German gaming policy
ALTENHOLZ, Germany (January 31, 2008) -- FLUXX welcomes Commission's action and calls for change to German gaming policy The EU Commission today announced that it was initiating legal proceedings against the Federal Republic of Germany....................Subscribers

FLUXX AG Acquires Majority in SPORTWETTEN.DE AG
ALTENHOLZ, Germany (January 16, 2008) -- The gaming specialist FLUXX AG (ISIN DE000A0JRU67) has successfully clinched the voluntary takeover bid to the share-holders of SPORTWETTEN.DE AG (ISIN DE0005488514 und ISIN DE000A0EPT67), one of the biggest agents for horse betting in Germany. After the extended deadline for acceptance FLUXX AG now holds 59.6 percent of the shares in SPORTWETTEN.DE AG. FLUXX does not exclude the possibility that it will increase its interest yet further independently of the takeover bid...................Subscribers

Betting Companies to Take Legal Action Against German State Monopoly on Gambling
FRANKFURT, Germany  (December 31, 2007) -- Online betting companies including BWIN Interactive Entertainment AG and Fluxx AG are gearing up to file a legal complaint against Germany's state monopoly on lotteries and most forms of betting...........Subscribers

Germany to Ban Online Gambling January 1 Under Accord by States
BLOOMBERG (December 27, 2007) -- Online gambling will be banned in Germany as of Jan. 1 after German states ratified an accord that preserves the country's state monopoly for lotteries and most forms of betting.............Subscribers

Countdown to the "Fat One": Spain Produces the Next Jackpot for FLUXX
GERMANY (December 20, 2007) -- With the German record-breaking jackpot for the 6 from 49 lottery still fresh in everyone's minds – having brought FLUXX record sales and record ticket totals – the next "safe bet" for sales is already looming large on the horizon for the Kiel-based gaming specialist: the Spanish Christmas lottery.................Read the full story at: Vol.41 No.13

FLUXX Announces New Cooperation in UK
GERMANY (December 13, 2007) -- Online bookmaker JAXX UK, a 100 per cent subsidiary of FLUXX AG, has boosted its presence in the UK market with a deal to become LYCOS UK’s exclusive betting and gaming partner.......................Read the full story at: Vol.41 No.12

German Online Gaming Company Saved From Losses
GERMANY (December 5, 2007) -- Fluxx, the German online gaming company, looks set to benefit from a record jackpot of €43m euros by seeing turnover increase almost tenfold.............Subscribers

Record Jackpot Helps FLUXX Set New Sales Record
ALTENHOLZ, Germany (December 4, 2007) -- The highest lottery jackpot ever known in Germany is bringing FLUXX AG record-breaking sales...................Subscribers

FLUXX Out of the Starting Blocks in UK
ALTENHOLZ, Germany (November 9, 2007) -- The FLUXX subsidiary JAXX UK Ltd. today officially launches its sports betting service in the United Kingdom..............Subscribers

FLUXX AG Continues to Enjoy Strong Revenue Growth of 42% in Q3
ALTENHOLZ, Germany (November 8, 2007) -- The gaming specialist FLUXX AG posted revenue of ................Subscribers

Publication of the Decision to Make a Takeover Offer
ALTENHOLZ, Germany (October 16, 2007) -- Publication of the decision to make a takeover offer in accordance with..............Subscribers

FLUXX AG Planning Takeover of SPORTWETTEN.DE AG
ALTENHOLZ, Germany (October 16, 2007) -- The gaming specialist FLUXX AG (Prime Standard; ISIN DE000A0JRU67) has today published its decision to submit a takeover bid to the shareholders..................Subscribers

FLUXX AG Successfully Places Convertible Bond
ALTENHOLZ, Germany (October 11, 2007) -- FLUXX AG has succeeded in placing its 2007/2011 convertible bond in full on the capital market.............Subscribers

FLUXX AG Issues Convertible Bond for Up to €9.755 Million
ALTENHOLZ, Germany (September 20, 2007) -- The Management Board of FLUXX AG, Altenholz, has with the approval of the Supervisory Board decided to issue a convertible bond...............Subscribers

German Gaming Company Begins Price War with National Lottery Operators
ALTENHOLZ, Germany (August 13, 2007) -- Fluxx is beginning its price war with the national lottery operators with the launch...............Subscribers

FLUXX Steps Up Independence From German Market
ALTENHOLZ, Germany (August 9, 2007) -- FLUXX AG today publishes its report on the first half of 2007................Subscribers

FLUXX Brings Sports Betting to AOL’s UK Portal
ALTENHOLZ, Deutschland (July 26, 2007) -- Extensive range of sports and horse betting products to launch in August 2007 AOL, one of the largest internet and web services companies in the UK, has agreed to an exclusive partnership with FLUXX.................Subscribers

FLUXX AG Turns Attention Towards Europe
ALTENHOLZ, Germany (July 10, 2007) -- The Prime Minister of Schleswig-Holstein was today authorised by his cabinet to approve the ratification process of the controversial draft of the State Treaty on gaming...............Subscribers

Federal Supreme Court Declares Lottery Organisation to be Anti Competitive
ALTENHOLZ, Germany (June 22, 2006) -- In the ruling of May 8, 2007, which has only been served today, the Federal Supreme Court reasserts the verdict of.................Subscribers

Higher Regional Court of Düsseldorf Confirms Competition Authority Ruling Against Lottery Organisation
ALTENHOLZ, Germany (June 8, 2007) -- The Superior Cartel Senate of the Higher Regional Court of Düsseldorf today rejected the lottery companies' appeal against the Federal Competition Authority's ruling in every respect in connection with.............Subscribers

EU Commission Steps Up Criticism Of German State Treaty On Gaming
ALTENHOLZ, Germany (May 31, 2007) -- In a second statement of position the European Commission has strongly criticised all key aspects of the draft State Treaty on gaming proposed by the Federal German states................Subscribers

Fluxx Offers to Buy Lottery Company Lotto Rheinland-Pfalz
ALTENHOLZ, Germany (May 25, 2007) -- FLUXX intends to acquire a majority interest in Lotto Rheinland-Pfalz GmbH............Read the full story at: Vol.39 No.10

FLUXX and SCHLECKER start Lottery Service at 11,000 Branches
ALTENHOLZ, Germany (May 10, 2007) -- FLUXX and the cut-price drugstore SCHLECKER today signed an agreement on the installation of Lottery Service terminals in almost all SCHLECKER stores in Germany.............Subscribers

FLUXX Achieves EBITDA for Quarter of EUR 1.7 million
ALTENHOLZ, Germany (may 8, 2007) -- FLUXX AG posted earnings before interest, taxes, depreciation and amortisation of EUR 1.7 million for the first quarter of 2007...............Subscribers

FLUXX Aiming to Break Even in 2007
ALTENHOLZ, Germany (March 29, 2007) -- FLUXX AG presented its final accounts for 2006 at today's Annual Press Conference in Hamburg............Subscribers

EU Commission Expresses Strong Reservations About State Treaty On Gaming
ALTENHOLZ, Germany (March 23, 2007) -- In the course of the notification process the EU Commission has expressed strong reservations about the lawfulness of the planned State Treaty on gaming. In particular, it deems the............Subscribers

FLUXX AG Extends Partnership with SCHLECKER
ALTENHOLZ, Germany (March 7, 2007) -- FLUXX AG is extending the partnership with the discount drugstore SCHLECKER that has previously focused on the internet..............Read the Full Story at: Vol.38 No.11

FLUXX CEO Comments on ECJ Ruling: "State Treaty on Gaming Can be Shelved"
ALTENHOLZ, Germany (March 6, 2007) -- The Grand Chamber of the European Court of Justice (ECJ) in Luxembourg today announced its ruling in the Placanica case.............Subscribers

FLUXX AG Boosts Revenue by 132% in 2006
ALTENHOLZ, Germany (March 2, 2007) -- FLUXX AG increased its revenue for 2006 by 132 percent to............Subscribers

FLUXX subsidiary JAXX UK Ltd. Granted British Sports Betting Licence
ALTENHOLZ / LONDON (February 6, 2007) -- The London-based JAXX UK Ltd., a subsidiary of FLUXX AG established at the end of 2006, has been successful with its application for a bookmaking licence for arranging sports betting in Great Britain..........Subscribers

Commercial Lottery Agents May Move Abroad Because Of Planned Monopoly Law
BERLIN, Germany (December 14, 2006) – Fluxx A.G., a German commercial lottery agent, has joined Tipp24 AG in saying it may abandon its home market if the country's 16 states pass a new law to uphold a monopoly on taking bets and effectively ban private operators...........................Subscribers

German States Postpone Plans for New Gambling Law; Signing of State Treaty on Gaming Fails to Materialize
ALTENHOLZ, Germany (December 13, 2006) -- The Prime Ministers of the federal states meeting today in Berlin have not signed the controversial, even tougher draft of the State Treaty on gaming...............................Subscribers

Confirmation In Court: Lottery In Bavarian Supermarkets Permitted
GERMANY (December 12, 2006) -- The commercial lottery agent JAXX today succeeded with its action against the Free State of Bavaria before the Munich Administrative Court. JAXX GmbH, a subsidiary of FLUXX AG and operator of the JAXX Lottery Service, had applied to the Free State of Bavaria for clearance to install lottery ticketing terminals in supermarkets.........................Subscribers

FLUXX Welcomes Resolution by State Parliament in Kiel On Gaming State Treaty
GERMANY (November 29, 2006) -- The plan by the Prime Ministers of the German federal states to ratify the controversial State Treaty on gaming as early as December 13 is on the verge of collapse. With the support of all parliamentary groupings, the state parliament of Schleswig-Holstein today passed a resolution to postpone the decision on the redrafting of the State Treaty on gaming.............................Subscribers

FLUXX Subsidiary DigiDis Wins Telefónica Spain as Client
GERMANY (November 29, 2006) -- Telefónica Spain has agreed a long-term partnership with DigiDis SL, Madrid, a subsidiary of FLUXX AG. The partnership centres on the sale of state lottery products over the internet. For instance, a separate lottery area went online last week on www.terra.es, the telecommmunications group's internet portal................................Subscribers

Internet Lottery Company Registers Losses Owing To Dispute with State Lottery Companies
GERMANY (November 10, 2006) -- Fluxx, the German company that sells lottery tickets over the internet and via terminals in petrol stations and supermarkets, registered a loss of 1.5m euros before interest and tax in the third quarter, compared with a profit of 0.4m euros in the same period of last year..........................Subscribers

Lottery Operator Grows By 123% in Third Quarter
GERMANY (November 9, 2006) -- The gaming specialist FLUXX AG (ISIN DE000A0JRU67) today publishes the report on the third quarter and the first nine months of 2006. The report reveals that revenue rose by 123 percent in the third quarter, to EUR 11.8 million............................Subscribers

Lottery Company Announce Profit Warning, Adjusts Earnings Forecast for 2006
ALTENHOLZ, Deutschland (November 6, 2006) -- With the approval of the Supervisory Board, the Management Board of FLUXX AG (ISIN DE000A0JRU67) today passed a supplementary budget of up to one million euros that was not previously included in the plans for the 2006 financial year...........................Subscribers

Higher District Court Ruling Has Far-Reaching Consequences for the Future of Gaming in Germany
GERMANY (October 26, 2006) -- According to experts in competition and European law, the ruling by the Higher Regional Court of Düsseldorf will have far-reaching consequences for the future shape of the German gaming market.........................Subscribers

Higher Regional Court of Düsseldorf Confirms Federal Competition Authority Ruling on Lottery Sales
GERMANY (October 23, 2006) -- The Higher Regional Court of Düsseldorf today confirmed the immediate enforcement of all key aspects of the Federal Competition Authority's ruling from the end of August..............................Subscribers

German Regional Leaders Aim to Extend State Betting Monopoly
GERMANY (October 20, 2006) -- Leaders of Germany's 16 regions agreed to propose an extension of the state monopoly on betting to cover almost all forms of gambling and ban private betting companies from operating...............................Subscribers

FLUXX and AOL to Market JAXX Lottery Service at Supermarkets
GERMANY (September 20, 2006) -- As well as Lotto-related information on how to play, the current size of the jackpot and information on the protection of minors and the prevention of addiction, the JAXX Lottery Service displays will in future also be carrying advertising messages and image trailers...........................Read the full story at: Vol.36 No.12

Is lottery addictive?
GERMANY (September 5, 2006) -- The German Lotto und Totoblock (DLTB) is contending the ruling of the Federal Competition Authority of August 28, 2006, according to which they may not boycott over-the-counter sales by commercial agents in supermarkets and filling stations..............Subscribers

Federal Competition Authority affirms FLUXX Position: Behaviour Of Lottery Organisations Unlawful
GERMANY (August 28, 2006) -- In its ruling published today, the Federal Competition Authority rules the boycott of FLUXX AG companies by the lottery companies to be illegal. The supreme authority on competition law considers the lottery companies' attempts to block lottery tickets placed at supermarkets and handled by FLUXX to be an intolerable violation of both German and European competition law..................................Subscribers

Federal Cartel Office Rules Lottery Monopoly Infringes German and European Union Laws
BONN, Germany (August 28, 2006) - Germany's state lottery operators must allow more competition from private companies after the Federal Cartel Office ruled that their behavior infringed German and European Union laws...................................Subscribers

German Lottery Company FLUXX Boosts First-Half Revenue by 110% with Sports Betting
GERMANY (August 10, 2006) -- The SDAX-listed gaming specialist FLUXX AG today publishes its report on the second quarter and first half of 2006. The report reveals that revenue rose by............................Subscribers

Legal Position of Sports Betting in Germany Remains Unclear
GERMANY (August 7, 2006) – In a letter to shareholders last month German lottery company FLUXX AG said that even after the ruling of the Federal Constitutional Court at the end of March, the legal position of sports betting in Germany remains unclear............................Subscribers

Negotiations with Lottery Companies Resumed
GERMANY (August 7, 2006) – In a letter to shareholders last month German lottery company, FLUXX AG, said that following the announcement that the lottery company in Schleswig-Holstein intended to terminate the agreements on the electronic acceptance of lottery tickets and the operation of the internet service.......................Subscribers

Fluxx.com AG to Develop Online Lottery Site for Web.de
GERMANY (May 3, 2001) -- Neuer Markt-listed online gambling services provider Fluxx.com AG (http://www.fluxx.com) will develop an online lottery agency for Web.de AG (http://www.webde-ag.de) and will provide it with an extensive package of online gambling licences and services, the ' Dow Jones' news service reported yesterday.
Web.de currently has some 4.5 million customers with lottery sales of more than DEM800 million annually.
SOURCE: Dow Jones News Service.