PSI Software SE

M&A Activity • Nov 8, 2006

News Details

Corporate | 8 November 2006 09:50

PSI Concludes Partnership Agreement with Russian IKT Group

Corporate news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— PSI Concludes Partnership Agreement with Russian IKT Group Sales and Service Partnership for Russia and Eastern Europe PSI AG has concluded a sales and service partnership with the Russian-based IKT Group. IKT is a leading Russian systems integrator with outstanding contacts in PSI’s most important target industries in Russia and Eastern Europe. Within the framework of the partnership, the IKT Group will market PSI solutions via its existing sales channels and provide supplementary services. The partnership will give IKT access to PSI’s leading business solutions focusing on the fields of energy, manufacturing and logistics. For PSI, the partnership opens up additional growth potential in the important target markets of Eastern Europe, in which the specialized software vendor is already represented with customers such as Gazprom, Lukoil or National Logistics Company. Thus the partnership with IKT is an important milestone within the framework of the PSI Group’s core business and internationalisation strategy. For additional information about the IKT Group in English, point your web browser to www.ikt-group.ru/en.html. PSI AG develops and integrates individual solutions, on the basis of its own software, for the management of large networks (electricity, gas, oil, telecommunications, transport), cross-company production management (steel, chemicals, machinery, automotive, logistics) and information management for government and service providers. PSI was founded in 1969 and employs more than 1,000 persons in the group. www.psi.de Contact: PSI AG Karsten Pierschke Communications and Investor Relations Dircksenstrasse 42-44 10178 Berlin Germany Tel. +49 30 2801-2727 Fax +49 30 2801-1000 E-mail: KPierschke@psi.de (c)DGAP 08.11.2006 ————————————————————————— Language: English Issuer: PSI Aktiengesellschaft Dircksenstraße 42-44 10178 Berlin Deutschland Phone: +49 (0)30 2801-0 Fax: +49 (0)30 2801-1000 E-mail: ir@psi.de WWW: www.psi.de ISIN: DE0006968225 WKN: 696822 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————