DGAP-News: Global order for GK SOFTWARE AG: ESCADA chooses to work with GK/Retail

GK Software AG / Miscellaneous

15.07.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
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- ESCADA stores in four continents will be equipped with GK/Retail
- GK SOFTWARE AG penetrates new, future-proof luxury segment

Schöneck, July 15, 2008 – GK SOFTWARE AG, a European technology leader in
the development and provision of standard software solutions for the retail
industry, has won ESCADA as a new key account. The international
luxury goods group for designer women's fashion has selected GK SOFTWARE
AG's GK/Retail as the solution to use in its branches. In future, GK/Retail
will be used to control ESCADA stores on four continents – America, Europe,
Asia and Australia. This means that GK SOFTWARE AG has gained another
leading international retailer as a client and at the same time it has
penetrated the luxury goods segment with its solutions. The new order will
be reflected in revenues and earnings in particular when the implementation
phase starts in fiscal year 2009.

GK SOFTWARE AG once again won against its key competitors in an
international tender. Hence, GK SOFTWARE has impressively proved its
competitive advantages for technology, functionality and international use.
ESCADA will use GK/Retail as a uniform global software solution in all of
its stores. The solution will be rolled out at highly attractive locations
in four continents such as New York, London, Hong Kong and Tokyo during the
course of the project. The GK/Retail Storemanager will be used for the
global management of the ESCADA branches. StoreWeaver will operate as the
global data interface to connect all of the stores to the central SAP
system.

Rainer Gläß, GK SOFTWARE AG's CEO: 'We are very pleased to have acquired
ESCADA – a top client in the highly attractive, high-growth luxury goods
segment. Acquiring this key project confirms our consistent strategy that
is geared to internationalization and developing new segments. We are sure
that this global project will also set new standards.'


About ESCADA
ESCADA is an international luxury fashion group for designer women's
fashion. Since Margaretha and Wolfgang Ley formed the company in 1976
ESCADA has consistently increased the brand's international presence. The
group now has more than 194 own stores and 226 franchise shops/corners in
around 60 countries. ESCADA recorded revenues of EUR 461.1 million in
2006/2007.

About GK SOFTWARE AG
GK SOFTWARE AG is a European technology leader in the development and
provision of standard software solutions for the retail industry. It
supplies an end-to-end range of products for retail stores and company
headquarters. The open and platform-independent software solutions of the
GK/Retail Suite, which are fully programmed in JAVA, have allowed the
company to establish itself on the market as a technology and innovation
leader. The software allows retail chains to optimize their company's
organization and to create significant potential for cost savings as well
as to realize customer loyalty potential in order to increase
competitiveness. The key features of the solutions are: international
applicability, consistent use of open standards and SOA (Service Oriented
Architecture) capability. As GK/Retail is genuine standard software,
parameters can be used to make the necessary adjustments to meet most
customer requirements. This reduces the programming effort and allows rapid
project completion. At the same time, solutions for customers remain
releasable and new functions can be introduced by a release change. A key
component of the modular software is also the StoreWeaver integration
platform, which connects all the subsystems in a retail store and also
provides a powerful interface for enterprise systems such as ERP or CRM
solutions.

The company currently employs 166 employees (as of April 30, 2008) at its
headquarters in Schöneck and at three other business locations: Berlin,
Pilsen in the Czech Republic and Basel/Riehen in Switzerland. GK SOFTWARE
AG can list well-known German retail stores among its customers which
include, for example, Galeria Kaufhof, Parfümerie Douglas, EDEKA
Hannover-Minden, Lidl, Netto Markendiscount and Tchibo, as well as its
first international customer Coop, headquartered in Switzerland. The
company’s software solutions are being used in approximately 12,000 retail
stores in over 50,000 installations in currently 22 countries worldwide.
The company has grown quickly over the past few years and its revenues
reached EUR 10.7 million in 2007. The company’s EBIT amounted to
EUR 2.3 million (EBIT margin of 21.7%). Since 1990, the two founders and
Executive Board members, Rainer Gläß (CEO) and Stephan Kronmüller (CTO),
together with the Executive Board members Ronald Scholz (COO) and André
Hergert (CFO) have grown GK SOFTWARE to become a fast-growing, profitable
company.


For further information visit the company’s website www.gk-software.de.  

Disclaimer

This publication does not constitute an offer to sell or a solicitation of
an offer to buy or subscribe for any securities. The public offer of
securities of GK SOFTWARE AG, Schöneck, in Germany is completed.
This publication and the information contained therein is not for
distribution or publication, neither directly nor indirectly, in or into
the United States of America, Canada, Australia or Japan.
This publication does not constitute an offer for sale of any securities
into the United States. Securities, including any shares of GK SOFTWARE AG,
Schöneck, in the course of the offer, may not be offered or sold in the
United States or to, or for the account or benefit of, US persons (as such
term is defined in the Regulation S under the US Securities Act of 1933 as
amended (the 'Securities Act')) unless they are registered under the
Securities Act or exempt from registration. There will be no registration
or public offer of any securities of GK SOFTWARE AG, Schöneck, in the
United States.


Media contact

Dr. René Schiller
Leiter Unternehmenskommunikation

GK SOFTWARE AG
Friedrichstr. 204
10117 Berlin

Phone. : +49 (0)37464-84264
Mobile:  +49 (0)173-9513776
Fax:   +49 (0)37464-8415
E-Mail:  rschiller@gk-software.com


Investor relations contact

cometis AG
Ulrich Wiehle 
Phone:  +49 (0)611-205855-11
Fax:    +49 (0)611-205855-66
E-mail: wiehle@cometis.de


DGAP 15.07.2008 
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Language:     English
Issuer:       GK Software AG
              Waldstr. 7
              08261 Schöneck
              Deutschland
Phone:        037464 - 840 
Fax:          037464 - 8415
E-mail:       investor-relations@gk-software.com
Internet:     www.gk-software.com
ISIN:         DE0007571424
WKN:          757142
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Stuttgart
End of News                                     DGAP News-Service
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