GBS Software AG — M&A Activity 2002

Nov 18, 2002

News Details

Ad-hoc | 18 November 2002 17:57

IntraWare AG english

IntraWare AG and AIXPLAIN AG enter joint venture agreement Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Petersberg, November 18, 2002 IntraWare AG, located in Petersberg, has entered into a joint venture with AIXPLAIN AG, a spinn-off of RWTH Aachen. AIXPLAIN AG develops speech recognition and translation software based on statistic-stochastic methods. The substance of the joint venture is a combined further development of the technologies of both companies. The result will be faster introductions of solutions to the market. Currently, IntraWare AG, in collaboration with its subsidiary, global words AG, offers rule-based solutions in the field of language technology. This technology will be combined with stocasitic methods combined with error-tolerant speech recognition, text analysis and automated text summarization in cooperation with AIXPLAIN AG. For the customer, the combination of these technologies, particularly in combination with the CRMSuite of IntraWare AG, will open new possibilities for the efficient use of information within a company. With this step IntraWare AG, optimises its current business model based on innovative language technologies and continues the expansion of the unique selling proposition of its products. IntraWare AG: Kirstin Fischer, Investor Relations, Brueckenmuehle 93, D-36100 Petersberg Phone: +49 (0) 661/9642-619, Fax 964299-619, kfischer@intraware.de, http://www.intraware.de end of ad-hoc-announcement (c)DGAP 18.11.2002 ——————————————————————————– WKN: 510450; ISIN: DE0005104509; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 181757 Nov 02