It is done. As of Friday, October 24th 2008, Lovely Systems is an Aktiengesellschaft.*
Our new executive board members Jodok and Manfred will continue to steer the company's fortunes. We are pleased to welcome our new supervisory board – Christian Lutz (chairman), Mag. Stephan Thurm and Dr. Reinhard Gaertner.

Christian Lutz (Chairman)

For innovation, our supervisory board chairman and team coach has an excellent intuition. Christian Lutz thought Web 2.0 as others were still waiting for Y2K: in 1999 he founded uboot.com and sms.at, two very successful communities. For more than 15 years he has worked successfully in the areas of Internet, media and telecommunications as operational manager and entrepreneur. Christian Lutz has extensive experience with innovation, strategy, startup building, VC funding and M&A/Exit know-how. Today he is CEO of his holding company uebermut.com with seven startup investments, as well as in various board positions at these companies. Since 2007 Christian Lutz studies in the Owner/President Management Program (OPM) at Harvard Business School, Boston.

Mag. Stephan Thurm

What it means, to lead an IT company successfully, Stephan Thurm knows exactly. From 1999 to 2004 he was CEO of Teleport Consulting & Systems GmbH – and thus a pioneer in the development and establishment of the Internet in Vorarlberg. In 2004, the Master of Business Administration, business data processing specialist and cross-media expert (he studied in Munich, Sydney and Vienna) became the sales and marketing executive of the "VM" Vorarlberger Medienhaus GmbH. Today he is in the management of the OVB Digital Media Center (Ippen Group) in Rosenheim, focusing on new Internet projects.

Dr. Reinhard Gaertner

Reinhard Gaertner is Head of Media & Entertainment TWG at Taylor Wessing in Germany. He advises companies in the media and IT industries in all major legal matters in connection with the operational business activity. These include in particular the areas of copyright, intellectual property and distribution rights. The Doctor of Laws is a member of the Legal Affairs Committee of the Association of German Magazine Publishers (VDZ) and the Association of Verlagsjustitiare. Reinhard Gaertner is a lecturer for "Media" at the Ludwig-Maximilians University of Munich in the Department of Communication Studies and Media Research. He regularly holds seminars and lectures at conferences and written articles in legal journals.

* Public Limited Company (PLC), Incorporation