GBS Software AG — Regulatory Filings 2001

Dec 13, 2001

News Details

Ad-hoc | 13 December 2001 08:19

IntraWare AG english

IntraWare AG in the largest growth market in the world Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– IntraWare AG signs a long-term strategic agreement with the Chinese software company, Asiasoft Information Technology Inc. Ltd., to develop the largest growth market in the world – CHINA Petersberg, 13 December 2001 – IntraWare AG, quoted in the New Market and supplier of software solutions for Customer Relationship Management as well as Business Process Management, persistently continues its strategy of developing and integrating new markets within the framework of a gradual international expansion by signing this distribution agreement. The alliance permits IntraWare and Asiasoft to establish themselves jointly in the fast-growing Chinese market with the long-term goal of increasing and stabilising their competitive position. In future, the companies will market IntraWare AG software solutions together in China. Sales expectations run high and will make a significant contribution to the implementation of expansion plans. The results of the co- operation will become apparent in 2002 and fantasies of growth are not unfounded. Asiasoft Information Technology Inc. Ltd. Co-operating closely with the Zhejiang University in China Asiasoft Information Technology Inc. Ltd. focuses, in the area of e-business, on the development and distribution of software based on the IBM platform Websphere, Java and Lotus Notes. Another focus is on obtaining European software products for the Chinese market. The decision makers of the company are well-versed in the IT segment and have worked in the Chinese market environment for more than 10 years. This experience is one of the most important preconditions for a successful entry into the Chinese market. IntraWare AG: Kirstin Fischer – Brückenmühle 93 – D 36100 Petersberg – Telephone: 0661/9642-619 – e-mail: kfischer@intraware.de – www.intraware.de Asiasoft Information Technology Inc. Ltd – contact in Germany via Business Contact GmbH & Co. KG: Ines Laux – Vincenz-Frigger-Strasse 14 – D 59457 Werl- Büderich – Telephone: 02922/8620-32 – e-mail: ila@e-asiasoft.com – http://www.e-asiasoft.com end of ad-hoc-announcement (c)DGAP 13.12.2001 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: The Chinese IT market China constitutes a billion market with a future! The opening and reform endeavours in China presently make the country the most interesting target for investments. Having the highest population in the world the country currently reaches a growth rate of 7.2 %. That is top in the world! Experts predict an accumulated growth of about 34 % for the next ten years for China merely due to the country joining the WTO. China has proven herself to be the biggest growth market in the world for years. The country resists the tendencies of world economy recession more persistently than any other nation. “This partnership also constitutes a significant step in considerably reducing the dependency on the presently weak market environment in Germany,” comments Lars Bornemann, Spokesman of the Managing Board of IntraWare AG. “We are convinced that the focus on the winners of tomorrow will pay off!” The forecast of the latest IDC survey China 2001 for the IT market clearly indicates: No other country in the world is presently as attractive for investments as China. While IDC assumes an average growth rate of the IT market of 25 % up to 2005, the Gartner Group has published forecasts of far above 30 % market growth in this segment.. The new winner of the world-wide competition for sites is called The People’s Republic of China! 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 130819 Dez 01