AI assistant
GK Software SE — M&A Activity 2009
Sep 30, 2009
184_rns_2009-09-30_e384212e-3bde-4dfa-8fc1-43fbc3e1b20f.html
M&A Activity
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 30 September 2009 12:38
GK Software AG: GK SOFTWARE signs a Reseller Agreement with SAP
GK Software AG / Alliance
30.09.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
GK SOFTWARE AG and SAP AG have signed a contract covering a reseller
agreement. Under the arrangement, SAP will directly distribute two
GK/Retail software solutions for store device control and offline enabled
mobile store processes.
Information and Explaination of the Issuer to this News:
Company Profile of GK SOFTWARE AG:
GK SOFTWARE AG is one of the leading technology developers and providers of
standard software for the retail sector in Europe and has an extensive
range of products for stores and enterprise headquarters. As a result of
its open software solutions in the GK/Retail Suite, which can be used with
any platform and is fully programmed in Java, the company has es-tablished
itself on the market as a leading provider of technology and innovations.
The soft-ware provides ideal business organization for retail companies
with many stores and therefore offers significant potential for cost
savings and customer loyalty programs so that companies can increase their
competitiveness.
The company employs 294 members of staff (figures for 30 Juni 2009) at
company head-quarters in Schöneck and four other business locations in
Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can
list well-known German and foreign retail com-panies among its customers,
including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzer-land), EDEKA
Hannover-Minden, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and
Tchibo. The software is currently being used in 25 countries at 57,000 POS
units in approx. 13,500 stores in Germany and abroad. The company has grown
rapidly during the past few years and its sales revenues totaled EUR 15.0
million in 2008. GK SOFTWARE AG achieved EBIT of EUR 2.8 million (EBIT
margin of 18.5% on total operating revenue). The two found-ers and
Management Board members, Rainer Gläß (CEO) und Stephan Kronmüller (CTO),
in conjunction with the Management Board members Ronald Scholz (COO) and
André Her-gert (CFO), have made GK SOFTWARE AG a profitable company with
strong growth since 1990.
Further information about the company: www.gk-software.de.
Investor Relations
GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-Mail: [email protected]
30.09.2009 Financial News transmitted by DGAP
Language: English
Company: GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: [email protected]
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
End of News DGAP News-Service