GK Software SE — Regulatory Filings 2012

Feb 23, 2012

News Details

Corporate | 23 February 2012 11:36

GK Software AG: SAP Gains First Customer for POS Solution Made by GK SOFTWARE AG in Switzerland

GK Software AG / Key word(s): Contract

23.02.2012 / 11:36

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• Valora Retail to equip its stores with SAP Point-of-Sale by GK
• First joint project with SAP outside Germany

Schöneck, 23. February 2012 – Valora Retail, a division of the Swiss Valora Group, has decided to use the SAP Point-of-Sale by GK software solution in its stores in Switzerland, German and Luxembourg in future. This means that it has been possible to gain the first customer outside Germany within the framework of the reseller agreement between SAP and GK SOFTWARE AG. SAP sells three SAP-branded solutions made by GK SOFTWARE AG in the EMEA region. In its domestic market Switzerland Valora operates approx. 1,200 stores. After the take-over of Convenience Concept, a subsidiary of Lekkerland, in January 2012 (subject to approval by the Bundeskartellamt) Valora operates in Germany 1,500 branches.

The Management Board at GK SOFTWARE AG believes that the gaining of this project provides confirmation of its expectations within the framework of the partnership with SAP. However, it does not expect any significant effects on sales and results in fiscal 2012 as a result.

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 422 members of staff (figures for 30 September 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 125,000 installations in approx. 25,000 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 Rainer Gläß (CEO) und Stephan Kronmüller (deputy board member), in conjunction with an experienced management team, 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: rschiller@gk-software.com

End of Corporate News

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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:	info@gk-software.com
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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