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GK Software SE — Regulatory Filings 2011
May 12, 2011
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Corporate | 12 May 2011 12:00
GK Software AG: Joint Software Package from SAP and GK SOFTWARE AG Now Available for the Retail Sector
GK Software AG / Key word(s): Alliance
12.05.2011 / 12:00
Joint Software Package from SAP and GK SOFTWARE AG
Now Available for the Retail Sector
Schöneck, 12 May 2011 – Point of Sale, Mobile Merchandise Management and Store Device Control are the GK SOFTWARE AG software solutions, which SAP is now starting to sell. The successful productive use of these software solutions in the joint EDEKA project formed the prelude to this decision. Sales will be directly launched in the D-A-CH area (Germany, Austria and Switzerland) and will be gradually followed by the EMEA (Europe, Middle East and Africa) sales area and the rest of the world. In order to assist this process, both companies have agreed a joint sales and marketing concept and clear structures for their technical cooperation. GK SOFTWARE AG will continue to provide all the software solutions directly in addition to the sales arrangement with SAP.
Following the successful launch of the pilot project connected to the cooperation arrangement for the EDEKA LUNAR program, SAP will now sell three software solutions produced by GK SOFTWARE AG: 'GK offline mobile handheld application from SAP,' 'GK store device control software from SAP' and 'GK point-of-sale software from SAP.' These software solutions are now available from SAP in line with the agreements that have been made. The conditions for this arrangement are based on the successful premium qualification of the software solutions in the SAP test laboratories and the productive start at EDEKA on schedule. The GK software solutions enable SAP to expand its range of products for the retail sector by making use of the proven expertise at GK SOFTWARE AG in the areas of linking up stores and store processes. GK SOFTWARE AG is expecting the partnership to lead to an increase in sales potential in the medium term, particularly in the international arena.
The 'GK offline mobile handheld application from SAP' software provides seamless end-to-end links between all the relevant store processes to the central SAP system and enables the retail sector to have faster processes available with a much higher degree of data quality. With 'GK store device control software from SAP,' the partners are providing software for the central management of all the subsystems in stores – e.g. tills, scales, reverse vending machines or vending machines – and this provides automatic downloading and uploading processes for data and a seamless link to the merchandise management system. 'GK point-of-sale software from SAP' is the market-leading till and store software from the GK SOFTWARE AG portfolio, which is being used by leading retailers under the GK/Retail POS brand name in more than 30 countries.
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 December 2010) 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 80,000 POS units in approx. 19,000 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
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| 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 |
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| 124261 12.05.2011 |