GBS Software AG — Regulatory Filings 2002

Mar 8, 2002

News Details

Ad-hoc | 8 March 2002 07:46

IntraWare AG english

IntraWare AG continues restructuring measures Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– IntraWare AG parts with its IntraWare (Schweiz) AG subsidiary in deficit in 2001 Petersberg, March 08 2002 – IntraWare AG, the provider of software solutions for Customer Relationship Management as well as Business Process Management and quoted at the New Market has decided to dissociate its IntraWare (Schweiz) AG subsidiary from the group. IntraWare (Schweiz) AG will continue to distribute IntraWare solutions and the pertaining consulting services as an independent company. This grants IntraWare (Schweiz) AG the status of an IntraWare business partner. Concluded agreements thus ensure that IntraWare AG will continue its presence in Switzerland via IntraWare (Schweiz) AG and its network of partners. The net loss for the year of IntraWare (Schweiz) AG amounted – after the reconciliation of the individual financial statements to the group guidelines according to the Commercial Code – to approx. 1.3 million Euro in 2001. Selling IntraWare (Schweiz) AG to a group of investors relieves the result of IntraWare AG for the current business year in a significant manner. With this step, IntraWare AG continues its restructuring activities with the target of reaching an even Commercial Code operating result for the AG in the third quarter of 2002. 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 08.03.2002 ——————————————————————————– WKN: 510450; ISIN: DE0005104509; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 080746 Mär 02