CENIT AG Systemhaus / Contract
26.05.2008
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CENIT receives contract from Airbus in the double-digit millions
Basic agreement concluded for application services over 5 years
Stuttgart, May 19, 2008 CENIT has recorded a key milestone in its future
business performance by winning the largest individual contract that the
Company has ever seen. The basic agreement, which was signed today,
includes cross-border first level support for PLM systems. These services
for user support relate to all PLM-oriented systems for over 20,000
employees at Airbus. The award of the contract to CENIT, which the Company
won after long negotiations against fierce competition, underlines its
technology, process and industry expertise. Of course this also stems from
Airbus Power8 programme, which features worldwide IT harmonisation and
related transnationalisation in addition to cost savings and quicker
development cycles. For this reason, suitable IT suppliers were and are
selected at EADS level on a global benchmark and are commissioned with
specific projects by EADS divisions. For EADS, focus on the core business
and selection of long-term service partners play an important role.
'We have been working for EADS since 1999,' said CENIT member of the
executive board Kurt Bengel, highlighting the great significance for CENIT.
'The first projects totalled around 100,000. But this customer
relationship has now taken on a new dimension. We have gained key market
shares and substantially extended our position in the aerospace industry.
Our investments in the customer EADS and in the qualification of our
employees have been worthwhile in the long term. They were correct and
necessary in order to successfully manage contracts of this scale. I am
certain that this success will also be generated in other areas.'
'My praise goes to Kurt Bengel and his team, who have done an excellent job
here,' added CFO Christian Pusch. We excellently and convincingly met the
complex customer requirements. This only happens if you show above-average
commitment in terms of the customer and the company.'
With this contract, CENIT will thus be providing the EADS Group with
services involving first und second level support, training and education
as well as methods and tool development. In addition to process
development, the range of duties will now expand to include production and
the entire process chain.
'Over the next year, we expect the number of CENIT employees used in
ongoing projects to reach around 100. This is an exciting challenge for
CENIT,' commented Kurt Bengel.
Send queries to:
CENIT AG Systemhaus,
Fabian Rau
Industriestraße 52-54, D-70565 Stuttgart
Tel.:+497117825-3185
Fax:+49711782544-4185
E-Mail: f.rau@cenit.de
About CENIT: Since 1988, the company has been active as a specialist for
product lifecycle management, enterprise information management solutions
and application management outsourcing. CENIT is listed on the Prime
Standard of Deutsche Börse and currently employs more than 650 staff. Among
others, CENIT serves clients such as Allianz, BMW, Daimler, EADS Airbus,
LBS, Metro and VW. A large portion of customers are medium-sized
businesses, particularly from the automotive sector and mechanical
engineering, e.g. Dürr, Georg Fischer or Leoni. http://www.cenit.de
Additional information:
This press/ad hoc report may contain future-oriented statements regarding
the business, financial and earnings situation of as well as profit
projections for CENIT. Such future-oriented statements are characterized by
terms or statements such as 'the company may' or 'the company will',
'expects', 'assumes ', 'is considering', 'intends to', 'plans', 'believes',
'will continue to' and/or 'estimates', as well as similar terms and
statements. Such statements contain no guarantee that the projections will
in fact be achieved. Rather, such statements involve risks, imponderables
and assumptions that are difficult to predict and, in addition, are based
on assumptions as to future events which may prove to be incorrect. For
this reason, actual events may diverge significantly from the assumptions
contained in the above statement. In a future-oriented statement by which
CENIT expresses expectations or assumptions with regard to future events,
these expectations or assumptions are made in good faith, and it shall be
assumed that they are made upon an appropriate basis; however, it cannot be
guaranteed that the said statements, expectations or assumptions shall
indeed occur, be attained or fulfilled. The actual operative result may
diverge significantly from such future-oriented statements and is subject
to certain risks. In this regard, please refer to the Business Report of
CENIT AG Systemhaus.
Contact:
Fabian Rau
Direktor Investor Relations
f.rau@cenit.de
Telefon: 0711 - 78 25 3185
Fax: 0711 - 78 25 44 4185
DGAP 26.05.2008
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Language: English
Issuer: CENIT AG Systemhaus
Industriestraße 52 - 54
70565 Stuttgart
Deutschland
Phone: +49 (0)711 78 25 - 30
Fax: +49 (0)711 78 25 - 4000
E-mail: aktie@cenit.de
Internet: www.cenit.de
ISIN: DE0005407100
WKN: 540710
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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DGAP-Adhoc: CENIT AG Systemhaus:CENIT receives contract from Airbus in the double-digit millions
| Source: EQS Group AG