ELSA raises new capital from Strategic Investor Tuesday 21 August 2001 PDF Print 5 million USD convertible bond with a conversion price of 12 EUR per share issued Aachen, August 20, 2001 - ELSA AG one of the world's leading vendors of solutions for Internet access, networking and computer graphics, issued a 5 million US dollar convertible bond to Giga-Byte Technology Co., Ltd of Taipei, Taiwan. The 5 million USD investment in ELSA AG is in the form of subordinated debt, based on a minimum 3 year term, bearing 3 percent interest. The bond is convertible into ordinary shares of ELSA AG at a conversion price of 12 EUR per share. The industry partners also plan to expand their cooperation in the dynamic computer graphics market. Background ELSA is one of the leading providers of Internet access and computer graphics solutions for the PC. Its product range includes modems, ISDN adapters, ISDN and DSL routers, videoconferencing systems, graphics boards and monitors. ELSA was founded in 1980 and today has more than 600 employees. In addition to its headquarters in Aachen, Germany, it also maintains subsidiaries in San José (USA), Taipei (Taiwan) and Tokyo (Japan) as well as in London (UK), Paris (France), Milan (Italy), Madrid (Spain), Stockholm (Sweden) and Eke (Belgium). Since June 1998, ELSA AG shares are traded on the "Neuer Markt" trading segment of the Frankfurt stock exchange in Germany. ELSA G.B. Ltd., 1210 Parkview, Arlington Business Park, Theale, Berkshire RG7 4TY Tel: 0118 965 7755 Fax: 0118 965 7756 Freephone sales no.: 08000 56 34 45 Web site: http://www.elsa.co.uk ELSA press contact: The Edge Partnership Kim Williams tel: 01625 507 202, Frank Smith tel: 01625 507 208 , Main No.: 01625 511966, Fax: 01625 511967 Email: email@example.com Register with the ELSA Press Lounge on: http://presslounge.elsa.co.uk * Tailored press information * Online product review requests * Comprehensive photo library This press release was distributed by ResponseSource Press Release Wire on behalf of Context PR in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.