CANCOM IT Systeme AG / Disposal/Strategic Company Decision 04.07.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Jettingen-Scheppach, Germany, 4 July 2008 CANCOM IT Systeme AG sold its fully owned, Swiss subsidiary, Soft-Mail IT AG, through a management buyout. In Switzerland Soft-Mail IT AG sells directly to end users. Its product range comprises software such as translation programs, telephone book CDs and route planners. The company's new owner is Jens Schulz, a former member of the board of directors who has held a top post at Soft-Mail IT AG for a number of years. In 2007 the company produced revenue of EUR 2.7 million with eight staff. 'We have decided to sell Soft-Mail IT AG as it no longer forms part of our core business. This sale will not have a major impact on the results of the CANCOM Group,' explains Klaus Weinmann, CEO of CANCOM IT Systeme AG. About CANCOM The CANCOM Group, which was formed in 1992, is a leading provider of IT infrastructure and professional services. As one of Germany's biggest system houses, CANCOM offers its customers a comprehensive range of IT products and services. As one of the most important partners of HP, Microsoft, Symantec, Citrix, Apple and Adobe in Germany, this complete-solution specialist has critical expertise in the field of IT. The CANCOM Group employs more than 1,300 staff in around 30 locations in Germany, Austria and the UK. Some 1,000 of them work in IT Services. DGAP 04.07.2008 --------------------------------------------------------------------------- Language: English Issuer: CANCOM IT Systeme AG Messerschmittstraße 20 89343 Jettingen-Scheppach Deutschland Phone: +49 (0)82 259 96-1000 Fax: +49 (0)82 259 96-41051 E-mail: ir@cancom.de Internet: www.cancom.de ISIN: DE0005419105 WKN: 541910 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: CANCOM IT Systeme AG sells subsidiary, Soft-Mail IT AG, through management buyout
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