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GK Software SE Regulatory Filings 2013

Apr 12, 2013

184_rns_2013-04-12_931d3d79-439b-464c-8c68-633749e0ea1a.html

Regulatory Filings

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News Details

Corporate | 12 April 2013 10:16

GK SOFTWARE AG and RedIron (RI-2 LLC) Forge an Implementation Partnership for the American Market

GK Software AG / Key word(s): Alliance

12.04.2013 / 10:16


  • Experienced partner with several hundred successful retail projects in North and Central America
  • Implementation partner for GK SOFTWARE AG solutions

Schöneck, April 12, 2013 – GK SOFTWARE AG and the US company RedIron (RI-2 LLC) have signed an agreement to form a strategic implementation partnership. RedIron will handle the introduction of GK SOFTWARE AG solutions in North and Central America as part of the deal. GK SOFTWARE will support RedIron with training and consultancy and development services.

RedIron is the most experienced development & implementation partner for the SAP POS application software (formerly known as Triversity) and have worked with 90 percent of the major retailers that are using this system. The company therefore has both retail expertise and the specialists capable of introducing the GK SOFTWARE AG solutions.

GK SOFTWARE AG will benefit from licensing, maintenance and consulting revenues accruing from joint projects.

About RedIron

RedIron, which was founded in 2000 and has branches in the USA and Canada, focuses on the implementation and further development of innovative SAP store solutions. RedIron has implemented hundreds of successful projects for leading retailers during its tenure. RedIron solutions focus on the 'big benefit areas' for Store Operations and Loss Prevention. The company is an exclusive and premium business partner of SAP and has in-depth business expertise for introducing and delivering store solutions in the SAP environment.

Further information about the company: http://www.redirontech.com

Company profile of GK SOFTWARE AG:

GK SOFTWARE AG is one of Europe's leading technology developers and providers of standard software for the retail sector, and offers an extensive range of products for stores and enterprise headquarters. Thanks to 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 as one of the retail market's leading providers of technology and innovations. Its software enables retail chains with numerous stores to optimally manage their business operations, offering them significant potential for saving costs and implementing customer loyalty programs and hence helping them to improve their competitiveness.

The company employs 562 members of staff (figures for 31 December 2012) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, Russia and USA. GK SOFTWARE AG's customers include many well-known retailers from both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used at 164,000 installations across approximately 30,300 stores in more than 35 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 28.4 million in 2012 (preliminary figures). Since launching the company in 1990, the two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, have shaped GK SOFTWARE AG into a profitable company exhibiting strong growth.

Further information about the company: www.gk-software.com

Contact :

Investor Relations

GK SOFTWARE AG

Dr. René Schiller

Phone: +49 37464-84-264

Fax: +49 37464-84-15

Email: [email protected]

End of Corporate News


12.04.2013 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
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206912  12.04.2013