Zurich, July 6, 2017 – The 2017 Annual General Meeting of Balluun AG approved the proposals of the Board of Directors and adopted the Annual Report and Annual Financial Statement for 2016, plus the proposal relating to the use of the available earnings, by a large majority.

In particular, the Shareholders of Balluun AG unanimously elected successful IT entrepreneur and investor, Ariel Lüdi, as member of the Board of Directors until the end of the next Annual General Meeting. The current members, Michael Alic, Lynda Davey, Prof. Dr. Stefan Hencke and Dr. Mark Nötzold were also unanimously re-elected as members of the Board of Directors until the end of the next Annual General Meeting. The Annual General Meeting also appointed Ernst & Young AG, Zurich, as statutory auditors for the fiscal year 2017.

At the constituting meeting, the Board of Directors appointed Ariel Lüdi as Chairman and Prof. Dr. Stefan Hencke as Vice Chairman.

Contact

Roland Kümin
Chief Executive Officer
Tel +41 78 682 6875
rolandk@balluun.com
www.balluun.com

Balluun – Powering the Future of Business Networks

Balluun is changing the international B2B market with its industry-specific social networking platforms, on which wholesalers and retailers, exporters and importers as well as suppliers and buyers can exchange business information while networking and contacting each other directly. In this way, Balluun promotes and ensures efficient and effective B2B trade around the globe at all times. With over 40,000 members on five different marketplaces, the Balluun365 platform with its established SaaS technology provides an open and scalable cloud-to-mobile architecture. The Balluun subscrip­tion model is focused on strategic partnerships and supports cost-effective marketing with its efficient, well frequented, industry-specific marketplaces.

Contact

Laura Mattiucci
Domain Director
Tel +41 44 396 38 33
lauram@balluun.com
www.balluun.com

Balluun – Powering the Future of Business Networks

The leading provider of B2B social e-commerce worldwide. Since 2012 we have been promoting B2B marketplaces around the world 24/7/365 by launching industry-specific digital marketplaces which directly connect wholesalers, retailers, suppliers, brands, products and consumers.
Our platform allows trade-show organizers and trade associations to easily and cost-effectively create and scale their own digital marketplaces to expand their business by engaging their industry-specific audiences digitally. Our partnership model allows these organizations to build a competitive advantage with a low-cost investment and a high revenue share opportunity.
From our headquarters in Zürich to our development center in Silicon Valley and our offices in New York, London, Lausanne, and Hong Kong we empower business-to-business communities, commerce and services worldwide providing patented and established technologies, an open and scalable Cloud solution as well as efficient marketing, sales and customer success services. More about Balluun: www.balluun.com