COR&FJA AG / Key word(s): Contract 06.02.2012 09:27 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- COR.FJA Life Factory chosen to ensure lasting consolidation of the DEVK life insurance platforms (Leinfelden-Echterdingen, 6 February 2012) - The Cologne-based insurance company DEVK Versicherungen (DEVK) has opted for the COR.FJA Life Factory policy management system as its central platform for the introduction of modern life insurance products and consolidation of its current IT platforms within the life insurance segment. The resulting volume of orders placed with COR&FJA is in the low eight-digit range. This represents a continuation of the trend that has been observed in recent years whereby life insurance companies are relying on COR&FJA's standard software solutions to an increasing extent. Current plans provide for a period of less than four years for the implementation of the entire system installation project and the replacement of DEVK's three existing IT platforms, and the project is due to be launched very shortly. The main factors that swung the decision in favour of COR.FJA Life Factory were the high degree of prefabrication in the standard software and the high level of migration know-how offered by COR&FJA. These advantages will provide DEVK with a means of not only launching the new generation of unisex products as early as the beginning of 2013, but also migrating the first tranche of contracts from one of the current platforms almost simultaneously in order to further optimise the management processes. Apart from this, DEVK is also anticipating other economic effects in the medium and long term as a consequence of its participation in the annual COR.FJA Life Factory standard release development process, now supported jointly by ten customers, and its partial assumption of the DEVK-specific fields of development. Issuing party: COR&FJA AG Investor Relations HumboldtstraÃe 35 70771 Leinfelden-Echterdingen Tel. +49 711 94958-0 E-mail: investor.relationsâ@âcor.âfja.com Internet: www.cor.fja.com WKN 513010, ISIN DE0005130108 Stock exchange centres: regulated market in Frankfurt (Prime Standard); open market in Berlin, Düsseldorf, Hamburg, Stuttgart Contact: Frank Fahrner COR&FJA AG HumboldtstraÃe 35 70771 Leinfelden-Echterdingen Germany Phone: +49 711 94958-730 Fax: +49 711 94958-8730 E-Mail: frank.fahrner@cor.fja.com 06.02.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: COR&FJA AG HumboldtstraÃe 35 70771 Leinfelden-Echterdingen Germany Phone: +49 (0)711 94958-0 Fax: +49 (0)711 94958-49 E-mail: investor.relations@cor.fja.com Internet: www.cor.fja.com ISIN: DE0005130108 WKN: 513010 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: COR&FJA AG: COR.FJA Life Factory chosen to ensure lasting consolidation of the DEVK life insurance platforms
| Source: EQS Group AG