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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