GK Software SE — Share Issue/Capital Change 2008

Jun 18, 2008

News Details

Corporate | 18 June 2008 22:30

GK SOFTWARE AG announces allocation formula for shares

GK Software AG / IPO

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

• Total of 31.36% of issue volume allocated to retail investors
• Further 68.64% of shares allocated to institutional investors in Germany
  and abroad

Schöneck, June 18, 2008 – GK SOFTWARE AG, a European technology leader in
the development and provision of standard software solutions for the retail
industry, announces the allocation quotas for its shares as part of its
IPO.
Shares were allocated to retail investors in line with the 'Principles for
the Allotment of Share Issues to Private Investors' (Grundsätze für die
Zuteilung von Aktienemissionen an Privatanleger) issued on 7 June 2000 by
the Exchange Expert Commission (Börsensachverständigenkommission) at the
German Federal Ministry of Finance (Bundesministerium der Finanzen).
Accordingly, retail investors received around 31.36% of the 475,000 shares
offered. All of the subscription orders from retail investors were
completely fulfilled by ICF Kursmakler AG Wertpapierhandelsbank, the bank
supporting the issue. The remaining 68.64% of the shares were placed with
institutional investors in Germany and the rest of Europe.

Rainer Gläß, GK SOFTWARE AG's CEO, is looking forward to the dialog with
the newly acquired investors: 'We are very pleased that we have been able
to convince a large number of investors with our profitable business model.
With the commencement of the Stock Exchange listing on June 19, 2008, we
will be in regular contact with our investors, in order to provide
transparent, detailed information on the further course of our business.'

Company Profile

GK SOFTWARE AG is a European technology leader in the development and
provision of standard software solutions for the retail industry. It
supplies an end-to-end range of products for retail stores and company
headquarters. The open and platform-independent software solutions of the
GK/Retail Suite, which are fully programmed in JAVA, have allowed the
company to establish itself on the market as a technology and innovation
leader. The software allows retail chains to optimize their company's
organization and to create significant potential for cost savings as well
as to realize customer loyalty potential in order to increase
competitiveness. The key features of the solutions are: international
applicability, consistent use of open standards and SOA (Service Oriented
Architecture) capability. As GK/Retail is genuine standard software,
parameters can be used to make the necessary adjustments to meet most
customer requirements. This reduces the programming effort and allows rapid
project completion. At the same time, solutions for customers remain
releasable and new functions can be introduced by a release change. A key
component of the modular software is also the StoreWeaver integration
platform, which connects all the subsystems in a retail store and also
provides a powerful interface for enterprise systems such as ERP or CRM
solutions.

The company currently employs 166 employees (as of April 30, 2008) at its
headquarters in Schöneck and at three other business locations: Berlin,
Pilsen in the Czech Republic and Basel/Riehen in Switzerland. GK SOFTWARE
AG can list well-known German retail stores among its customers which
include, for example, Galeria Kaufhof, Parfümerie Douglas, EDEKA
Hannover-Minden, Lidl, Netto Markendiscount and Tchibo, as well as its
first international customer Coop, headquartered in Switzerland. The
company’s software solutions are being used in approximately 12,000 retail
stores in over 50,000 installations in currently 22 countries worldwide.
The company has grown quickly over the past few years and its revenues
reached EUR 10.7 million in 2007. The company’s EBIT amounted to EUR 2.3
million (EBIT margin of 21.7%). Since 1990, the two founders and Executive
Board members, Rainer Gläß (CEO) and Stephan Kronmüller (CTO), together
with the Executive Board members Ronald Scholz (COO) and André Hergert
(CFO) have grown GK SOFTWARE to become a fast-growing, profitable company.

For further information visit the company’s website www.gk-software.de.

Disclaimer

This publication does not constitute an offer to sell or a solicitation of
an offer to buy or subscribe for any securities. No public offer of
securities of GK SOFTWARE AG, Schöneck, is being, or will be, made outside
Germany. Any offer in Germany is being made exclusively on the basis of the
published securities prospectus filed with the German Financial Services
Supervisory Authority (BaFin). Any decision to invest in the securities of
GK SOFTWARE AG, Schöneck offered should solely be based on the securities
prospectus. Copies of the securities prospectus including the published
Supplements are available free of charge at the offices of GK SOFTWARE AG,
Schöneck, and ICF Kursmakler AG Wertpapierhandelsbank, Frankfurt am Main.
This publication and the information contained therein is not for
distribution or publication, neither directly nor indirectly, in or into
the United States of America, Canada, Australia or Japan.
This publication does not constitute an offer for sale of any securities
into the United States. Securities, including any shares of GK SOFTWARE AG,
Schöneck, in the course of the offer, may not be offered or sold in the
United States or to, or for the account or benefit of, US persons (as such
term is defined in the Regulation S under the US Securities Act of 1933 as
amended (the 'Securities Act')) unless they are registered under the
Securities Act or exempt from registration. There will be no registration
or public offer of any securities of GK SOFTWARE AG, Schöneck, in the
United States.

Investor relations:

cometis AG
Ulrich Wiehle
Tel.: +49 (0)611-205855-11
Fax: +49 (0)611-205855-66
E-mail: wiehle@cometis.de

18.06.2008 Financial News transmitted by DGAP

Language: English
Issuer: GK Software AG
Waldstr. 7
08261 Schöneck
Deutschland
Phone: 037464 - 840
Fax: 037464 - 8415
E-mail: investor-relations@gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard)

Notierung vorgesehen / designated to be listed

End of News DGAP News-Service

---