GBS Software AG — Regulatory Filings 2001

Dec 28, 2001

News Details

Ad-hoc | 28 December 2001 20:41

IntraWare AG english

IntraWare AG disposes of a business segment in deficit Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– IntraWare AG disposes of a business segment in deficit – reduction in expenditure of about 2 million euro next year IntraWare AG disposes of a Business Process Management segment in deficit within the framework of a management buy-out keeping software access and distribution rights in Bonapart. Petersberg, 28 December 2001 – IntraWare AG, quoted at the New Market and provider of software solutions for Customer Relationship Management as well as Business Process Management, continues its restructuring activities by signing a purchase and assignment contract for its shares in proubis GmbH Berlin. The orientation on business processes continues as an integral part of IntraWare CRM solutions. Access to Bonapart software as well as the distribution rights ensure that IntraWare AG customers will be served in a comprehensive manner in future as has been the case in the past. proubis GmbH will handle distribution, consulting, support and development of the Bonapart Business Process Managements solution in future. This sale will significantly relieve the result of IntraWare AG by a reduction in expenditure amounting to about 2 million euro. The pertaining improvement of the result represents an essential measure to achieve a positive operative result according to the Commercial Code in the course of 2002 – latest, however, during the fourth quarter. For the business year of 2001, an expenditure of about 2 million euro which is neutral in relation to liquidity will essentially result within the framework of the required final consolidation. IntraWare AG: Kirstin Fischer – Investor Relations Brückenmühle 93 – D 36100 Petersberg Telephone: 0661/9642-619 – Fax: 0661/964299-619 e-mail: kfischer@intraware.de – http://www.intraware.de end of ad-hoc-announcement (c)DGAP 28.12.2001 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Information about IntraWare AG: IntraWare AG is one of the market leading companies for Process- and Workflow Management software, as well as, Customer Relationship Management (CRM) and Total Quality Management (TQM). The company sets market standards with the integration of these individual disciplines into a flexible and comprehensive management software. Using IntraWare solutions, enterprises of any size and industry may map out processes pertaining to CRM and TQM,as well as, other business processes, assign critical codes and run simulations prior to practical application. Business processes integrated into IntraWare CRM and TQM solutions may thus be designed efficiently and adapted to the needs of customers. Since CeBIT 2001, the whole product range is web compatible. In doing so, IntraWare AG is also paving the way for the ASP market. IntraWare AG was founded in 1994 and has its head offices in Petersberg close to Fulda. Currently about 160 employees (status: 30.09.2001) work at IntraWare AG and its subsidiaries. The distribution is characterised by a network of around 70 system, consulting and implementation partners. More than 200,000 product licences have been sold to date. In 2000, IntraWare AG achieved a turnover of approximately Euro 11 million. IntraWare has been certified according to DIN/EN/ISO-9001:1994 since 1997. The semi-annual results confirm the consolidation course of the board pursued since last year November. The planned breakeven for the 4th quarter 2002 has been confirmed. The following companies are among the users of IntraWare solutions: CargoLifter AG, Degussa Hüls AG, Dr. August Oetker Nahrungsmittel, Freiberger Brauhaus, Papierfabrik Schoellershammer, TNT Logistics, Toshiba Europe, savings banks and cooperative banks, as well as, many other renowned middle-class companies. ——————————————————————————– WKN: 510450; ISIN: DE0005104509; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 282041 Dez 01