Brain Force Holding AG: Announcement according to § 93 para 2 Austrian Stock Exchange Act

Wien (pta018/02.10.2013/14:00 UTC+2) Vienna, 2 October 2013 - BRAIN FORCE HOLDING AG announces, that it was informed pursuant to § 91 Austrian Stock Exchange Act ("BörseG") by Pierer Industrie AG, Pierer Finanzierungsgesellschaft m.b.H., Pierer Konzerngesellschaft mbH (previousely Pierer GmbH) and Mr. DI Stefan Pierer on the one hand and by Qino Flagship AG, Swissburg AG and Ocean Consulting GmbH on the other hand as follows:

Initial Situation

So far Pierer Industrie AG has held 12,309,456 shares in BRAIN FORCE HOLDING AG; this equals voting rights and a share capital participation in BRAIN FORCE HOLDING AG of approximately 80%. On 30 September 2013 Pierer Industrie AG has sold 1,538,675 shares of BRAIN FORCE HOLDING AG; this equals voting rights and a share capital participation in BRAIN FORCE HOLDING AG of approximately 10%. Pierer Industrie AG is indirectly controlled by Mr. DI Stefan Pierer via Pierer Finanzierungsgesellschaft m.b.H. and Pierer Konzerngesellschaft mbH (previousely Pierer GmbH).

So far, Qino Flagship AG did not own shares of BRAIN FORCE HOLDING AG. On 30 September 2013 Qino Flagship AG has acquired 1,538,675 shares of BRAIN FORCE HOLDING AG. Qino Flagship AG is indirectly controlled by Ocean Consulting GmbH via Swissburg AG.

Pierer Industrie AG

Pierer Industrie AG has informed, that due to the sale of 1,538,675 shares of BRAIN FORCE HOLDING AG the voting rights of Pierer Industrie AG in BRAIN FORCE HOLDING AG on 30 September 2013 fell below the threshold of 75% and currently amount to 70.00004% (10,770,781 shares).

Pierer Finanzierungsgesellschaft m.b.H / Pierer Konzerngesellschaft mbH (previousely Pierer GmbH) / DI Stefan Pierer

The voting rights of Pierer Finanzierungsgesellschaft m.b.H. in BRAIN FORCE HOLDING AG, held indirectly via Pierer Industrie AG, on 30 September 2013 fell below the threshold of 75% and currently amount to 70.00004% (10,770,781 shares).

The voting rights of Pierer Konzerngesellschaft mbH (previousely Pierer GmbH) in BRAIN FORCE HOLDING AG, held indirectly via Pierer Finanzierungsgesellschaft m.b.H. and Pierer Industrie AG, on 30 September 2013 fell below the threshold of 75% and currently amount to 70.00004% (10,770,781 shares).

The voting rights of DI Stefan Pierer in BRAIN FORCE HOLDING AG, held indirectly via Pierer Konzerngesellschaft mbH (previousely Pierer GmbH), Pierer Finanzierungsgesellschaft m.b.H. and Pierer Industrie AG, on 30 September 2013 fell below the threshold of 75% and currently amount to 70.00004% (10,770,781 shares).

Qino Flagship AG

Qino Flagship AG has informed, that due to the acquisition of 1,538,675 shares of BRAIN FORCE HOLDING AG the voting rights of Qino Flagship AG in BRAIN FORCE HOLDING AG on 30 September 2013 have reached and exceeded the thresholds of 4%, 5% and 10% and currently amount to 10.000005% (1,538,675 shares).

Swissburg AG / Ocean Consulting GmbH

The voting rights of Swissburg AG in BRAIN FORCE HOLDING AG, held indirectly via Qino Flagship AG, on 30 September 2013 have reached and exceeded the thresholds of 4%, 5% and 10% and currently amount to 10.000005% (1,538,675 shares).

The voting rights of Ocean Consulting GmbH in BRAIN FORCE HOLDING AG, held indirectly via Swissburg AG and Qino Flagship AG, on 30 September 2013 have reached and exceeded the thresholds of 4%, 5% and 10% and currently amount to 10.000005% (1,538,675 shares).

For questions please contact:
Mag. Hannes Griesser
Am Hof 4
1010 Vienna
Tel: +43(0) 1 263 09 090

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Emitter:	Brain Force Holding AG Am Hof 4 1010 Wien Austria
Contact Person:	Mag. Hannes Griesser
Phone:	+43 1 263 09 09 0
E-Mail:	InvestorRelations@brainforce.com
Website:	www.brainforce.com
ISIN(s):	AT0000820659 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Frankfurt