Nemetschek SE

Board/Management Information • Dec 14, 2004

News Details

Ad-hoc | 14 December 2004 10:44

Nemetschek strengthens Board competencies

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Nemetschek strengthens Board competencies As of January 1, 2005, Nemetschek will once again have a three-member Board / Dr. Peter Rainer Mossack will head Research and Development management division / Michael Westfahl to take over Sales and Marketing management division / Strengthening of management competencies for global growth Munich, December 14, 2004 – The Nemetschek Group, one of the leading providers of software and consulting services for the design, construction and management of buildings and real estate, is fortifying its Managing Board: Starting on January 1, 2005, Dr. Peter Rainer Mossack (50) will head the Research and Development division. Dr. Mossack has a doctorate in physics and most recently held a comparable position at Software AG. At Nemetschek, Dr. Mossack will be responsible for the development and implementation of the product strategy. At the start of the 2005 business year, Michael Westfahl (46) will move up to Managing Board membership from his current position as Managing Director of Nemetschek Deutschland GmbH. Mr. Westfahl graduated in engineering and will take over the Sales and Marketing division, a position he has already been holding at the German subsidiary since April 2003. Prior to that time, Mr. Westfahl worked for Compaq Deutschland GmbH for thirteen years, where his last position was Director of Marketing and Business Development. Uwe Wassermann, who has been part of the Managing Board since 1998, has a contract that ends on December 31, 2004 as scheduled. He will continue to remain available to Nemetschek AG as an external consultant for special assignments. Nemetschek reported Group sales of 95.6 million euros for the 2003 business year, with an operating result of 5.6 million euros. As of September 30, 2004 the balance sheet shows an equity ratio of 66 % and liquid assets in the amount of 36.6 million euros. The Nemetschek Group will end the 2004 business year at positive levels comparable to those of the previous year. As the company is rounding out its Managing Board competencies, Nemetschek intends to create a basis for lasting growth in all national and international markets. Contact: Investor Relations, Mr. Richard Höll, Nemetschek AG, Konrad-Zuse- Platz 1, 81829 Munich, Germany, phone: +49 (0)89/92793-1219, fax: +49 (0)89/92793-5520, e-mail: Investorrelations@nemetschek.de end of ad-hoc-announcement (c)DGAP 14.12.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Nemetschek strengthens Board competencies As of January 1, 2005, Nemetschek will once again have a three-member Board / Dr. Peter Rainer Mossack will head Research and Development management division / Michael Westfahl to take over Sales and Marketing management division / Strengthening of management competencies for global growth Munich, December 14, 2004 – The Nemetschek Group, one of the leading providers of software and consulting services for the design, construction and management of buildings and real estate, is fortifying its Managing Board: Starting on January 1, 2005, Dr. Peter Mossack (50) will head the Research and Development division. Dr. Mossack has a doctorate in physics and most recently held a comparable position at Software AG. At Nemetschek, Dr. Mossack will be responsible for the development and implementation of the product strategy. Dr. Mossack comes to Nemetschek with many years of R & D experience in the software industry. In his new position, one of his objectives is the advancement of technological integration of Nemetschek products. At the start of the 2005 business year, Michael Westfahl (46) will move up to Managing Board membership from his current position as Managing Director of Nemetschek Deutschland GmbH. Mr. Westfahl graduated in engineering and will take over the Sales and Marketing division, a position he has already been holding at the German subsidiary since April 2003. Mr. Westfahl has extensive sales and marketing experience in the IT industry. Most recently, Mr. Westfahl worked for Compaq Deutschland GmbH for thirteen years, where his last position was Director of Marketing and Business Development. Uwe Wassermann, who has been part of the Managing Board since 1998, has a contract that ends on December 31, 2004 as scheduled. He will continue to remain available to Nemetschek AG as an external consultant for special assignments. Additional investments in market activities “We are very happy to announce that with Dr. Mossack and Mr. Westfahl, we have attracted two experienced managers, who have already convincingly proven their competence in their fields. In the wake of the successful consolidation of the Nemetschek Group in recent years, we have reinforced our Managing Board and are setting a course towards sustained growth in all national and international markets” says Kurt Dobitsch, Chairman of the Supervisory Board. “Having bolstered our Managing Board, we are now able to work even more efficiently in our markets, with respect to product strategies, as well as sales and marketing. During the 2005 business year, we will place particular emphasis on investing in these areas, and pave the way for global growth”, explains Gerhard Weiß, Chairman of the Board of Nemetschek AG. Nemetschek reported Group sales of 95.6 million euros for the 2003 business year, with an operating result of 5.6 million euros and a cash flow from operating activities amounting to 14 million euros. The balance sheet is very solid, with liquid assets of 36.6 million euros and an equity ratio of 66% as of September 30, 2004. Nemetschek will complete the 2004 business year with positive sales and profit numbers similar to those of the previous year. Contact: Investor Relations, Mr. Richard Höll, Nemetschek AG, Konrad-Zuse- Platz 1, 81829 Munich, Germany, phone: +49 (0)89/92793-1219, fax: +49 (0)89/92793-5520, e-mail: Investorrelations@nemetschek.de ——————————————————————————– WKN: 645290; ISIN: DE0006452907; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 141044 Dez 04