AI assistant
GK Software SE — Regulatory Filings 2011
Aug 2, 2011
184_rns_2011-08-02_6adde0f8-5134-4c21-96b9-082ebd72f30a.html
Regulatory Filings
Open in viewerOpens in your device viewer
News Details
Corporate | 2 August 2011 14:32
GK Software AG: Successful Partnership between SAP and GK SOFTWARE AG – First Order after Launch of Sales of GK Solutions by SAP
GK Software AG / Key word(s): Contract
02.08.2011 / 14:32
Successful Partnership between SAP and GK SOFTWARE AG –
First Order after Launch of Sales of GK Solutions by SAP
– SAP gains Fressnapf, Europe's leading specialist discounter for pet food and accessories, as next customer for GK solutions
Schöneck, 2 nd of August – SAP has gained the first significant customer as a result of the direct sales agreement covering three solutions provided by GK SOFTWARE AG – the products were officially launched in the D-A-CH region (Germany, Austria and Switzerland) in May this year. Europe's leading specialist chain of stores for pet food and accessories, Fressnapf, has opted to use a broad range of SAP software solutions. The total package also includes 'GK offline mobile handheld application from SAP and 'GK point-of-sale software from SAP' – which have all been developed by GK SOFTWARE AG and enables Fressnapf to bring efficient processes from the headquarter down to the point-of-sale. In the project, SAP will equip approx. 1,150 Fressnapf stores with software during the next years.
The order clearly demonstrates that GK SOFTWARE AG's potential is being extended through its partnership with SAP, as the joint software package is highly attractive for the retail sector. The Management Board at GK SOFTWARE AG is not expecting the project to trigger any significant changes to its sales situation during the current business year and is therefore standing by its earlier forecast.
Company profile 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 established itself on the market as a leading provider of technology and innovations. The software 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 366 members of staff (figures for 31 March 2011) at company headquarters 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 companies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used in more than 30 countries at 95,000 installations in approx. 22,500 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 27.7 million in 2010. GK SOFTWARE AG achieved EBIT of EUR 6.4 million (EBIT margin of 21.7% on total operating revenue). The two founders and Management Board members, Rainer Gläß (CEO) und Stephan Kronmüller (CTO), in conjunction with the Management Board members Ronald Scholz (COO) and André Hergert (CFO), have made GK SOFTWARE AG a profitable company with strong growth since 1990.
Further information about the company: www.gk-software.com
Contact:
Investor Relations
GK SOFTWARE AG
Dr. René Schiller
Phone.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
e-mail: [email protected]
End of Corporate News
02.08.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | GK Software AG |
| Waldstraße 7 | |
| 08261 Schöneck | |
| Germany | |
| 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 |
| - - - |
| 134085 02.08.2011 |