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PRESS RELEASE: NEXR Technologies SE: Resolution of the Annual General Meeting implemented - STARAMBA SE will from now on operate under the name of NEXR Technologies SE; business segments to operate under their own name in future

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DGAP-News: NEXR Technologies SE / Key word(s): Miscellaneous
NEXR Technologies SE: Resolution of the Annual General Meeting implemented -
STARAMBA SE will from now on operate under the name of NEXR Technologies SE;
business segments to operate under their own name in future

2019-10-21 / 16:19
The issuer is solely responsible for the content of this announcement.

*NEXR Technologies SE: Resolution of the Annual General Meeting implemented
- STARAMBA SE will from now on operate under the name of NEXR Technologies
SE; business segments to operate under their own name in future*

Berlin, 21 October 2019

The former STARAMBA SE (XETRA: 99SC [1]) continues to keep up the pace of
implementation of its measures for a fresh start. The company has
implemented the resolution passed by the Annual General Meeting on 18
September 2019 to change its name to NEXR Technologies SE.

The new name was entered in the commercial register with effect from 9
October 2019. The name change was accompanied by the launch of a new website
and logo as part of a consistent corporate identity. The company can now be
found at www.nexr-technologies.com [2]. The new name will be promptly
implemented in the entire external image.

Under the leadership of Managing Director Markus Peuler, newly appointed on
13 September, the Group is systematically and purposefully working through
the defined measures of its restructuring plan. This includes, among other
things, a precise definition of the organisational structure. Under the
umbrella of NEXR Technologie SE, the business units VR Experience, 3D
Scanner Systems and Motion Capture & Animation will in future appear under
their own name and logo. The label "VRIDAY" combines VR projects and
services, "3D Instagraph" develops and distributes the in-house developed
scanner systems and "OnPoint Studios" offers all services around motion
capture and animation in one of the largest MoCap studios in Germany.

Through the name change and the comprehensive launch of the associated
corporate identity measures, the brand core of NEXR Technologies SE is
clearly communicated.

"We have laid the foundation for a comprehensive reset and are implementing
the measures of our restructuring plan with speed, passion and a cool head.
The name change to NEXR Technologies SE is one of them. It underlines our
clear brand message and identity, which we want to communicate to our
business partners, customers and the capital market. The business units' own
labels enable us to highlight their competencies even more clearly and allow
each individual to concentrate more on their own competencies. We are
pleased with the goals we have achieved so far. Exciting times are yet to
come," says Markus Peuler, Managing Director of NEXR Technologies SE.

Since the renaming is purely a change of name, the business form will be
retained. Essential data such as the commercial register number, bank
details and turnover tax ID number, as well as the general terms and
conditions, and sales and delivery conditions are retained and are not
affected by the change of name.

____________________________________________________________________________

NEXR Technologies SE (ISIN DE000A1K03W5) - General Standard/Regulated Market

*About NEXR Technologies*

NEXR stands for the development of next generation technologies and apps
that combine Augmented Reality (AR), Mixed Reality (MR) and Virtual Reality
(VR) to form the next Extended Reality. NEXR Technologies SE from Berlin
(XETRA: 99SC) is a Virtual Reality (VR) First-Mover with unique hardware and
software expertise. The business segments VR Experience, 3D Scanner Systems
and Motion Capture & Animation deal with trend-setting services and products
and appear under their own names and labels. VR projects and services are
offered under the label "VRIDAY", "3D Instagraph" develops and distributes
the self-developed scanner systems and "OnPoint Studios" offers all services
around motion capture and animation in one of the largest MoCap studios in
Germany. These three business areas work closely together under the umbrella
of NEXR Technologies SE. While "VRIDAY" as an agency offers consulting,
planning, implementation and publishing of VR Experiences for companies and
brands, the technology of the business field "3D Instagraph" is used for the
creation of 3D avatars, which can be animated and integrated into virtual
worlds with the help of the Motion Capture Studio OnPoint. 3D Instagraph
develops and distributes its own 3D scanners and application software. With
the help of the scanners photorealistic 3D avatars can be generated in
seconds. NEXR Technologies SE is listed in the General Standard of the
Frankfurt Stock Exchange.

*Forward-looking statements*

This release contains forward-looking statements based on current
experience, estimates and projections of the management and currently
available information. They are not guarantees of future performance.
Various known and unknown risks, uncertainties and other factors could lead
to material differences between the actual future results, financial
situation, development or performance of the company and the estimates given
here. Many factors could cause the actual results, performance or
achievements of Staramba to be materially different from those that may be
expressed or implied by such statements. Forward-looking statements
therefore speak only as of the date they are made. Staramba does not assume
any obligation to update the forward-looking statements contained in this
release or to conform them to future events or developments.

For further information, please contact: NEXR Technologies SE; Marc
Heydrich, Investor Relations; Aroser Allee 60; 13407 Berlin; Germany
Tel.: +49 (0) 30 403 680 14-0; Fax: +49 (0) 30 403 680 14-1;
E-Mail: m.heydrich@nexr-technologies.com; www.nexr-technologies.com [2]

2019-10-21 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: NEXR Technologies SE
Aroser Allee 66
13407 Berlin
Germany
Phone: +49 (0) 30 403 680 14-0
Fax: +49 (0) 30 403 680 14-1
E-mail: m.heydrich@nexr-technologies.com
Internet: www.nexr-technologies.com
ISIN: DE000A1K03W5
WKN: A1K03W
Listed: Regulated Market in Berlin, Frankfurt (General Standard);
Regulated Unofficial Market in Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
EQS News ID: 893407

End of News DGAP News Service

893407 2019-10-21


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=2dd79cfb049ab2037e8629edb8ed1feb&application_id=893407&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ce5e7c066d929b02273e88aa87da9030&application_id=893407&site_id=vwd&application_name=news


(END) Dow Jones Newswires

October 21, 2019 10:19 ET ( 14:19 GMT)
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