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. --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------
DGAP-Adhoc: CENIT AG Systemhaus:CENIT receives contract from Airbus in the double-digit millions
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