PSI Software SE

M&A Activity • Aug 17, 2001

News Details

Ad-hoc | 17 August 2001 08:18

PSI AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Gaines increased strength in field of public administration services Berlin, Leonberg, 17 August 2001 – The PSI AG, Berlin acquired 75% of the shares of the PK Software Engineering GmbH, Leonberg and has thus increased /thus increasing its strength in the field of public administration services and eGovernment. PK’s core competence is the development of innovative solutions for municipal administration customers with an emphasis on social and youth welfare authorities. In this field PK is among the leading providers in Germany. Today, according to the latest research, both applications in the field of eGovernment and the progressing deregulation of public services are among the main growth factors in the IT market. PK software has an excellent client base of city and county administrative services as well as computer centres all over Germany. Reference customers are among others the municipal administrations of Essen, Freiburg, Karlsruhe, Halle, and Leipzig. For many years, PSI has been participating in many innovative public administration projects and is highly competent in issues regarding standardisation, planning, development, and implementation of technologically advanced information systems Both companies have already been coordinating their sales efforts for almost nine month now. This cooperation has already resulted in concrete leads with major clients. Your contact person: PSI AG Karsten Pierschke Manager Investor Relations Dircksenstraße 42-44 D-10178 Berlin Tel. +49 30 2801-2727 Fax +49 30 2801-1000 eMail: KPierschke@psi.de end of ad hoc announcement (c) DGAP 17.08.2001 ——————————————————————————– WKN: 696822; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Bremen, Hannover, Stuttgart 170818 Aug 01