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GK Software SE Regulatory Filings 2015

Jan 14, 2015

184_rns_2015-01-14_306d79c9-80b4-43fa-b24c-ea9520b95789.html

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News Details

Corporate | 14 January 2015 09:22

GK Software AG wins first project in the USA

GK Software AG / Key word(s): Incoming Orders

2015-01-14 / 09:22


  • Equipment for 250 stores for a specialist retailer in the USA and Canada
  • Migration from the old SAP POS solution to SAP Point-of-Sale by GK

The first customer with stores in the USA has decided to implement the store solutions developed by GK Software. A North American specialist retailer with 250 stores in the USA and Canada decided to purchase SAP Point-of-Sale by GK. This project will involve equipping about 500 systems with the POS software developed by GK Software and sold by SAP. It is the first project where a customer has migrated from the old SAP POS solution to SAP Point-of-Sale by GK. The project will be handled by a local partner with support from GK Software US Inc. This is the first new project being completed in the USA and it will therefore provide an important reference for this market.

GK Software was therefore able to gain five new customers (including this project) during 2014; three of them are based in South Africa and two in North America.

About 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 593 members of staff (figures for 30 September 2014) 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, Loblaw, Migros, Netto Marken-Discount and Tchibo. The software is currently being used at 193,000 installations across approximately 37,300 stores in more than 38 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 42.5 million in 2013. 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: http://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]


2015-01-14 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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

The DGAP 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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313001  2015-01-14