GBS Software AG — M&A Activity 2003

Jul 1, 2003

News Details

Ad-hoc | 1 July 2003 08:09

GlobalWare AG english

GlobalWare AG takes over the product rights of the insolvent GEDYS AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– GlobalWare AG takes over the product rights of the insolvent GEDYS AG Eisenach, July 01, 2003 – Effective immediately, GlobalWare AG, provider of technologies for all aspects of mono- and multilingual information, particularly for Human Language Technology (HLT) and Customer Relationship Management (CRM) has taken over the rights to the products of GEDYS AG which is in insolvency proceedings. The take-over of the GEDYS product rights applies mainly to the products GEDYS Sales, GEDYS Office and GEDYS Help. According to statements made by GEDYS AG, these products account for approximately 90 percent of its sales volume in the area of product licenses. The GEDYS products, just as the IntraWare CRMsuite, are built on the same technological basis and have been offered side-by-side in the market for IBM/Lotus applications. GlobalWare is planning the integration of both product lines and anticipates offering a complete migration for current GEDYS installations in 2003. Further development of a separate GEDYS product line is not planned. With the take-over of the product rights, GlobalWare, during the transition, will offer Support and Maintenance of the GEDYS products. According to GlobalWare, this take-over is a further step in the consolidation of the market for CRM applications based on IBM Lotus Notes/Domino. GlobalWare AG has opened an information hotline at 0800-2-GLOBAL (0800-2-456225) – from 9 a.m. to 6 p.m. – for customers, partners and shareholders of GEDYS AG. contact: GlobalWare AG, Kirstin Fischer, branch Petersberg: Brueckenmuehle 93, D – 36100 Petersberg, Phone +49 (0) 6 61/96 42-619, Fax +49 (0) 661/96 42 99-619, E-Mail: kfischer@globalware.ag, www.globalware.ag end of ad-hoc-announcement (c)DGAP 01.07.2003 ——————————————————————————– WKN: 510450; ISIN: DE0005104509; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hannover, München und Stuttgart 010809 Jul 03