DGAP-News: GK SOFTWARE AG acquires Order from HORNBACH-Baumarkt-AG

GK Software AG / Miscellaneous

11.12.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Schöneck, 11 December 2008 – GK SOFTWARE AG has received an order from
HORNBACH-Baumarkt-AG to adapt its GK/Retail standard software to the
specific processes used by the successful home improvement store chain. The
aim of the project is to jointly develop the adapted version of the
standard software until the pilot version is ready. This is a first
important step by GK SOFTWARE AG to tap into the home improvement retail
sector with its standard GK/Retail software.


About HORNBACH-Baumarkt-AG:
The HORNBACH Group is one of the largest operators of home improvement and
garden stores in Europe. HORNBACH-Baumarkt-AG currently has 128 large-scale
home improvement and garden stores in nine European countries. The company,
which is part of HORNBACH HOLDING AG, had turnover totalling € 2.47 billion
in the 2007/2008 business year. It has had a strategic alliance with the
British firm Kingfisher plc, one of the leading retail companies in Europe,
since 2001.

Company Profile GK SOFTWARE AG:
GK SOFTWARE AG is a European technology leader in the development and
provision of standard software solutions for the retail industry. 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 company employs 199 employees (as of September 30, 2008) at its
headquarters in Schöneck and at four other business locations: Berlin, St.
Ingbert, Plzen 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, Coop
(Switzerland) EDEKA Hannover-Minden, Lidl, Netto Markendiscount and Tchibo.
The company’s software solutions are being used in approximately 12,500
retail stores in over 55,000 installations in currently 24 countries
worldwide. The company has grown quickly over the past few years and its
revenues reached EUR 10.75 million in 2007. The company’s EBIT amounted to
EUR 2.33 million (EBIT margin on total operating revenue of 20.0%). 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 AG to become a
fast-growing, profitable company.


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

GK SOFTWARE AG
Dr. René Schiller
Tel.:+49 (0) 37464-84-264
Tel.:+49 (0) 37464-84-15
E-Mail: rschiller@gk-software.com


DGAP 11.12.2008 
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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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