GK Software SE — Regulatory Filings 2009

Mar 5, 2009

News Details

Corporate | 5 March 2009 08:01

Netto Marken-Discount to Equip the Former PLUS Stores with GK/Retail

GK Software AG / Contract/Agreement

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The issuer / publisher is solely responsible for the content of this announcement.

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Schöneck, 5 March 2009 - Netto Marken-Discount AG & Co. KG
Kommanditgesellschaft will install GK/Retail as its standard software
during the next few months at all the PLUS stores that it takes over. Netto
will deploy the same GK/Retail modules currently used in all of their other
retail outlets.

Once the PLUS retail outlets, which were formerly part of the Tengelmann
Group, are taken over by the store network of Netto Marken-Discount AG &
Co. KG Kommanditgesellschaft, part of the EDEKA Group, the store IT
equipment will be standardized. Over 2,500 PLUS stores will be equipped
with the same GK/Retail configuration that is already successfully deployed
at the Netto retail outlets.

The switch to touch tills with GK/Retail will have been completed by the
middle of next year. Also new to the former PLUS stores is the use of the
mobile merchandise management suite, GK/Retail Mobile, and GK/Retail
Workflow. One particular challenge was to allow the company to continue to
operate its existing older Point-of-Sale (POS) hardware, which will be
expanded with touch screens in future. The stores will also be upgraded
with automatic empties machines from various manufacturers which will be
integrated into the new store infrastructure.

GK SOFTWARE AG has been providing store automation solutions to Netto since
2003. Netto was the first food retail store chain in Germany to introduce a
chain-wide touch POS solution at the point of sale. The GK/Retail suite and
store infrastructure is managed centrally with GK/Retail Enterprise
Storemanager. Netto also uses the mobile merchandise management software,
GK/Retail Mobile. The software, which can operate both on-line and
off-line, enables merchandise management business processes at stores to
be handled efficiently anywhere in the building. Netto also operates
GK/Retail Workflow, the workflow software that allows the enterprise to
distribute news and information to all its stores in real time.

GK SOFTWARE AG Company Profile:

GK SOFTWARE AG is one of the leading developers and providers of standard
software for the retail sector in Europe and it provides a comprehensive
range of products for stores and enterprise headquarters. The company has
established itself as a leading technology and innovation provider on the
market by using the open software solutions provided by its GK/Retail
suite, which can be operated on any hardware platform and is completely
programmed using Java. The software allows store-based retail companies to
have access to the best possible operating organization options and as a
result they are able to exploit considerable potential for cost savings and
increase customer loyalty in order to enhance their competitiveness.

The company currently employs 199 members of staff at its headquarters in
Schöneck (D) and at four other business centers in Berlin, St. Ingbert,
Plzen (CZ), and Basel/Riehen (CH) (figure on 30 September 2008). GK
SOFTWARE AG has well-known German retailers as its customers, including
Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), ESCADA, EDEKA
Hannover-Minden, Lidl, Netto Markendiscount and Tchibo. The company's
software is currently being used in 24 countries at approx. 55,000 POS
units in approx. 12,500 stores in Germany and abroad. The company has grown
rapidly during the last few years and its sales in 2007 totaled EUR 10.75
million. GK SOFTWARE AG generated EBIT of EUR 2.33 million (EBIT margin of
20% related to total operating performance). The two company founders and
board members, Rainer Gläß (CEO) and Stephan Kronmüller (CTO), in
conjunction with the other board members, Ronald Scholz (COO) und André
Hergert (CFO), have made GK SOFTWARE AG a profitable company with strong
growth.

Contact details for investor relations:
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611-205855-11
Fax: +49 (0)611-205855-66
E-mail: wiehle@cometis.de

GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-mail: rschiller@gk-software.com

05.03.2009 Financial News transmitted by DGAP

Language: English
Issuer: GK Software AG
Waldstr. 7
08261 Schöneck
Deutschland
Phone: 037464 - 840
Fax: 037464 - 8415
E-mail: investor-relations@gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart

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