IPTV – Die Zukunft des Fernsehens hat begonnen        IPTV     –  The  future  
for     television is now To receive   your  favourite   tv  channelworldwide – 
    IPTV  does   it.   Not    on your  tv  screen,  but on    your    tv!     
And    maxx-tv  AGis    one of the   first-movers    in    this   growing    
market. Due   to    the  company,    they will even   start    toenter    the 
world’s  largest     tv   market USA in   Fall  2008.  German   program for 
morethan 40     million     German-speaking   people.    And     on top:    The 
 costs     of the     maketingcampaign     are covered  by the  ste-top-box 
producer! This given,     we recommend: BUY     (SPECULATIVE) Maxx-TV  AGWKN: 
A0M0KX, Symbol:     M55FrankfurtStock  ExchangeShare   price:     ˆ  0.186  
months-target:   ˆ     0.35    /     0.45
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