NorCom Information Technolgoy GmbH & Co. KGaA

Delisting Announcement • Oct 16, 2002

News Details

Ad-hoc | 16 October 2002 20:03

NorCom Info. Tech. AG english

NorCom filing application for transfer to regulated stock market Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– NorCom filing application for transfer to regulated stock market Munich, October 16, 2002 – The Supervisory Board and Management Board of NorCom Information Technology AG have jointly passed a resolution providing for the company to apply for transfer to the regulated stock market and withdrawal from the Neuer Markt. An application to this effect was filed with Deutsche Börse AG today. Subject to Deutsche Börse’s approval, NorCom is seeking a listing in the regulated market for the first time as of the beginning of November. This change of segment marks a further step in NorCom’s endeavors to strategically optimize its internal processes. Thus, the planned listing in the regulated market will immediately result in a substantial reduction in direct and indirect costs, including mainly external service providers. In addition, internal accounting activities will be returned to a cost-efficient level. Even after joining the regulated market, NorCom will remain committed to active investor relations going beyond the minimum statutory requirements for corporate communications and transparency. (Approx. 1,100 characters. You can download this text straight from NorCom’s website at: http://www.norcom.de/en/presse/adhoc_info_2002.htm) With offices in Germany, Ireland, Norway and the United States, NorCom Information Technology AG is one of the leading solution providers for secure e- business. Listed on the Neuer Markt segment of the Frankfurt stock exchange (securities code number 525030), it offers European Top 100 customers individual consulting services and proprietary software solutions on a single-stop basis. Its range encompasses the development and operation of complex secure IT structures as well as the integration of business processes in secure e-business solutions. In addition, NorCom’s NGS product family offers security software for large heterogeneous client/server infrastructures, application server environments and modern netcentric web architectures. Its customers particularly include companies in the financial-services, telecommunications, industrial and public sectors. With its 290 employees, NorCom posted revenues of EUR 32.5 million in its fiscal year 2001. For more information please contact: NorCom Information Technology AG, Christa Maurer (Corporate Communications) Stefan-George-Ring 23,D-81929 Munich,Germany, Phone +49-89-939 48 248, Fax +49- 89-939 48 123, press@norcom.de, http://www.norcom.de end of ad-hoc-announcement (c)DGAP 16.10.2002 ——————————————————————————– WKN: 525030; ISIN: DE0005250302; Index: Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Hannover und Stuttgart 162003 Okt 02