Lavide Holding N.V.

M&A Activity • Jul 3, 2007

Press-release

Acquisition of Wilhelm + Zeller finalized

July 03, 2007 – Qurius finalized the acquisition of Wilhelm + Zeller AG (W+Z), a strong German supplier of Microsoft Business Solutions. W+Z has 56 employees and has offices in Ravensburg, Muenster, Hamburg and Dornbirn (Austria). Its profitable 2006 turnover was 7.6 million euro. W+Z was in the early 90's one of the first Navision (now Microsoft Dynamics NAV) partners in Germany and has over 300 active customers in amongst others Food & Beverage , Breweries and Oil & Gas industry.

Creating a solid base for further growth in Germany and Austria

"W+Z has been a very professional and trustworthy partner in our international FAQT Group alliance from the beginning. W+Z and Qurius are active in the same market segments, and we have already worked together on multiple international projects. The combination of our current German Dynamics AX activities with W+Z's strong Dynamics NAV business should enable a smooth integration. Based on this transaction we can prepare for the necessary additional steps to be market leader in Germany as well", says Qurius director Tom Stolk, responsible for the international business.

Acquisition details

The acquisitions of Ibitec, Cedilla and Wilhelm + Zeller, with a total turnover in 2006 of 17.5 million euro, have been paid with the proceeds resulting from the shares issue of 22nd June 2007 that raised, after deduction of cost, a net amount of 33 million euros. The fixed purchase price for these three companies amounts to a total of 10 million euros. Furthermore, "earn-out" agreements have been made with objectives for 2007 for a maximum total of 3.3 million euro. Qurius has the choice to pay any such "earn-outs" either with cash or with shares.

Wilhelm + Zeller AG

W+Z is one of Germany's leading Microsoft Gold Certified partners for Business Solutions. All professionals at W+Z are highly educated and certified. This guarantees best services on a high skilled level for all areas around Microsoft Dynamics and ERP solutions in general. Its vertical focus includes Food & Beverage, Oil & Gas and Breweries. In addition it has a focus on international application consolidation projects. W+Z was founded in 1991. Further information is available on www.wz.ag.

Qurius N.V.

Qurius provides architecture, realization and systems management of Microsoft technology based business and IT solutions, including infrastructures. Qurius has over 900 staff members; its headquarters are located in Zaltbommel, the Netherlands. Its offices in Belgium, Denmark, Germany, Italy, the Netherlands, Norway, Spain, Sweden and the United Kingdom serve over 1,2300 clients. Qurius has been publicly listed on Euronext Amsterdam since 1998. On 18 December 2006, Qurius' shareholders authorized the merger with Watermark, which created Europe's largest Microsoft Dynamics partner. For further information, see www.qurius.com.

Contact

Qurius, Fred Hermans: telephone +31 (0)418 683 500 or fred.hermans@qurius.com.

Field Code C

Field Code C

Qurius N.V.