On 01 January 2004 Funkwerk extended its product portfolio in Enterprise Communication through the takeover of brand rights and technologies from Elmeg. It thus utilised an opportunity to supplement its product portfolio, its customer base and technology competence. As a result, the company will in future play a major role in the converging market for data and voice networks for companies, public authorities and institutions.

26 February 2004: Capital increase

718,000 new Funkwerk shares are successfully placed on the German stock exchange at a price of EUR 26. The issue is oversubscribed by twice the number of shares issued: the capital market takes a leap of faith in the company, putting it on the right path for further growth.

18 May 2004: The dividend for Funkwerk shareholders is increased by 50% to EUR 0.30 per share.

1 September 2004: Funkwerk streamlines its Enterprise Communication segment to form the Nuremberg-based Enterprise Communication GmbH. The WLAN, router/gateway and telecommunications systems operations - previously run by ARtem GmbH, Bintec GmbH and Elmeg GmbH – are merged and integrated to form a single efficient entity.

20 September 2004: The Funkwerk share is admitted to the select TecDax index, thus entering the top rank of German technology and growth securities.

13 October 2004: Funkwerk closes a last gap in its value-added chain for transport services. Thanks to the 100% takeover of the Dresden-based KJ GmbH, Funkwerk now offers stationary display systems as an integral part of its product portfolio. Funkwerk has thus positioned itself as a definitive complete provider of information systems

11 November 2004:Funkwerk significantly increases its sales and earnings expectations for 2004 and outperforms both its business plan and expectations for the fourth time in a row.

18 November 2004:Funkwerk is now to equip Swiss national railway (SBB) trains with digital mobile telephones (GSM – R terminals).In winning this prestigious project, Funkwerk once more asserts itself in the face of strong European competition, thus strengthening to become far and away the leading supplier of these technologies.

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