IVU Traffic Technologies AG — Board/Management Information 2003

Dec 19, 2003

News Details

Ad-hoc | 19 December 2003 16:07

Dr Gero Scholz brings new energy to the Management of IVU Traffic Technolologies

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Dr Gero Scholz brings new energy to the Management of IVU Traffic Technolologies The 47-year-old IT manager with Dresdner Bank joins the Berlin software company, where he will be in charge of product development. IVU’s Supervisory Board decided today to appoint Dr Gero Scholz to the Management Board, effective 1 February 2004. The other board members are Prof Dr Ernst Denert (chairman) and Dr Olaf Schemczyk. The 47-year-old business administrator was recently Chief Information Officer (CIO) within the Transaction Banking division of Dresdner Bank and managed a major project for equities transaction. In his earlier capacity as head of the IT department, Dr Scholz was responsible for the development of many IT applications of the third- largest German bank. “I am happy both personally and for IVU that we were able to attract as outstanding an IT expert as Gero Scholz,” says IVU CEO Prof Dr Ernst Denert. Dr Scholz has many years of experience as an executive in the fields of software development and project management. After studying operations research and logistics at the Munich Ludwig Maximilian University, he spent ten years with the Munich-based software company sd&m AG, where he worked closely with Denert. His duties included managing major software projects for Deutsche Bahn and Lufthansa. He also established the company’s Financial Information Systems division. As the new member of IVU’s Management Board, Dr Gero Scholz will be in charge of developing the company’s software platform for all public transport requirements. His priorities will be to increase software development efficiency and further improve IVU’s systems. There are plans to develop the individual platform modules for the successful MICROBUS planning and scheduling system so that they will work together more smoothly in the future. Dr Scholz will also give the systems a definite international orientation. Martin Kammler, who currently heads among others the software development segment for public transport companies, will take over IVU’s international business. He will also coordi-nate the regional companies in the United Kingdom, Benelux countries, France and Italy. end of ad-hoc-announcement (c)DGAP 19.12.2003 ——————————————————————————– WKN: 744850; ISIN: DE0007448508; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hannover, München und Stuttgart 191607 Dez 03