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Board/Management Information • Jan 15, 2004

News Details

Ad-hoc | 15 January 2004 07:00

BOV AG hives off its IT Qualification business segment/Changes in the management

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– BOV AG hives off its IT Qualification business segment/Changes in the management BOV AG is hiving off its IT Qualification and Training business segment to form a legally independent company, BOV Training AG. This move will enable BOV to create a more distinct market profile for its advanced training and qualification business, which accounts for around 15% of total sales in the BOV Group. Another advantage is that the proposed expansion in 2004, which might involve external partners, will be put on a firmer footing. Stefan Wiesenberg will become the Chairman of the Managing Board of BOV Training AG. Mr Wiesenberg will commit himself fully to dealing with the strategic and operational concerns of the new company and will therefore resign from his position as Chairman of the Managing Board of BOV AG on 15 February 2004. Frau Gabriele Neikes will be joining the Managing Board of BOV Training AG to make up the full number of members. The Supervisory Board of BOV AG has appointed Mr Dirk Sebald as the new Chairman of the Managing Board of BOV AG. Mr Sebald is a former Managing Director of the software company Word Perfect, a position he held for many years. More recently, Mr Sebald has spent 7 years successfully developing the Cognos Group, as a member of its Managing Board. end of ad-hoc-announcement (c)DGAP 15.01.2004 ——————————————————————————– WKN: 549370; ISIN: DE0005493704; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 150700 Jän 04