GK Software AG / Contract
28.05.2009
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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- Significant addition to GK SOFTWARE'S product portfolio in the
field of store integration and mobile solutions
Schöneck, 28 May 2009 - The GK SOFTWARE Group has taken over the operating
business of Solquest GmbH backdated to 1 May 2009. The company
headquartered in Waldbronn is an important provider of store integration
and mobile solutions for the retail market.
The solutions provided by Solquest GmbH are used, among other things, to
link the central SAP merchandise management systems with the processes in
stores. The products of SOLQUEST GmbH are successfully used by customers
like Coop (Switzerland), EDEKA Südwest, Dohle or tegut. As a result, GK
SOFTWARE AG is further extending its technological and innovation
leadership in its target market.
GK SOFTWARE AG
Waldstraße 7
08261 Schöneck
Germany
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Information and Explaination of the Issuer to this News:
Company Profile of Solquest GmbH:
Solquest GmbH was set up in 1996 as a consulting firm that focused on SAP
logistics and management information systems. The company broadened its
portfolio to specialize in mobile solutions in 1999. Solquest has been
focusing solely on IT solutions for the retail trade since 2004. The
Solquest Retail Suite provides solutions for store integration, peripheral
controls, mobile store processes, online inventory management and
promotions. The company also provides consulting and project management
operations in addition to service and support. The solutions provided by
Solquest GmbH are used by major German and Swiss retailers like Coop
(Switzerland), Dohle, EDEKA Südwest, Fenneberg, Hammer Heimtex, Prodega or
tegut. Solquest GmbH currently employs approx. 50 members of staff at its
business locations in Waldbronn and St. Ingbert.
Company Profile of GK SOFTWARE AG:
GK SOFTWARE AG is one of the leading technology developers and providers of
standard software for the retail sector in Europe and has an extensive
range of products for stores and enterprise headquarters. As a result of
its open software solutions in the GK/Retail Suite, which can be used with
any platform and is fully programmed in Java, the company has established
itself on the market as a leading provider of technology and innovations.
The software provides ideal business organization for retail companies
with many stores and therefore offers significant potential for cost
savings and customer loyalty programs so that companies can increase their
competitiveness.
The company employs 231 members of staff (figures for 31 March 2009) at
company head-quarters in Schöneck and four other business locations in
Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can
list well-known German and foreign retail com-panies among its customers,
including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA
Hannover-Minden, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and
Tchibo. The software is currently being used in 25 countries at 57,000 POS
units in approx. 13,500 stores in Germany and abroad. The company has grown
rapidly during the past few years and its sales revenues totaled EUR 15.0
million in 2008. GK SOFTWARE AG achieved EBIT of EUR 2.8 million (EBIT
margin of 18.5% on total operating revenue). The two founders and
Management Board members, Rainer Gläß (CEO) und Stephan Kronmüller (CTO),
in conjunction with the Management Board members Ronald Scholz (COO) and
André Hergert (CFO), have made GK SOFTWARE AG a profitable company with
strong growth since 1990. Further information about the company:
www.gk-software.de.
Contact Address for 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
Fax: +49 (0)37464-84-15
E-mail: rschiller@gk-software.com
DGAP 28.05.2009
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Language: English
Issuer: GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: info@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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DGAP-Adhoc: GK SOFTWARE takes over operating business of Solquest GmbH
| Source: EQS Group AG