Looks to be a cheaper version of the M03, without switchable barrels, bolt heads etc and with an improved safety which is a bolt head three position safety. Also designed to accept standard M98 mounts rather than the expensive M03 mounts.

Most of the calibres offered seem to be a limited range of standard American cartridges, so very ho hum, though perhaps the German website has a different Euro range.

I wonder who makes it? Whether it is a contracted out rifle, to keep the price down? Assuming it is cheaper and not even more expensive?

I think I would go for a standard M98 before this rifle anyday.