DGAP-News: GK Software AG / Key word(s): Incoming Orders
GK Software AG: Russian Fashion Chain Modis Opts for GK SOFTWARE AG
Store Solution
10.04.2013 / 11:11
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- New project in the strongly developing Russian market
- Another international sales success through SAP
Schöneck, 10. April 2013 - The rapidly growing Russian operator of fashion
department stores, Modis, has decided to use SAP Point-of-Sale by GK. This
is the first time that the GK SOFTWARE AG solutions have been successfully
sold in Russia through the partnership with SAP. Modis will equip its
approx. 65 stores in Russia with the new store software. The key factor
here was the seamless integration of the software in the SAP retail system,
which is one of the unique selling points of SAP Point-of-Sale by GK. A
Russian partner will handle the work required to adapt the standard
software to the special requirements of Modis. GK SOFTWARE AG will support
this partner with training, development and consultancy services. GK
SOFTWARE AG already supplies the store software for two leading retailers
in Russia and this involves looking after more than ten thousand productive
installations.
The project is due to be completed in 2013. Agreement was reached not to
reveal any figures about the value of the project.
About Modis:
Modis, which has its headquarters in the Russian city of Kazan, was founded
in 2005 and operates 65 large-format fashion department stores with sales
areas measuring between 1,500 and 2,500 square meters. The company has
business operations in many major Russian cities and has experienced
continual growth for years. It sells clothing and accessories for men,
women and children.
Company profile of GK SOFTWARE AG:
GK SOFTWARE AG is one of Europe's leading technology developers and
providers of standard software for the retail sector, and offers an
extensive range of products for stores and enterprise headquarters. Thanks
to 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 as one of the retail market's leading providers of
technology and innovations. Its software enables retail chains with
numerous stores to optimally manage their business operations, offering
them significant potential for saving costs and implementing customer
loyalty programs and hence helping them to improve their competitiveness.
The company employs 562 members of staff (figures for 31 December 2012)
across its headquarters in Schöneck (Germany) and other business
locations in Germany, Czech Republic, Switzerland, Russia and USA. GK
SOFTWARE AG's customers include many well-known retailers from
both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas,
Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto
Marken-Discount and Tchibo. The software is currently being used at 164,000
installations across approximately 30,300 stores in more than 35 countries.
The company has grown rapidly in recent years and its sales revenues
totaled EUR 28.4 million in 2012 (preliminary figures). Since launching the
company in 1990, the two founders Rainer Gläà (CEO) and Stephan Kronmüller
(deputy board member), together with the experienced management team, have
shaped GK SOFTWARE AG into a profitable company exhibiting strong growth.
Further information about the company: www.gk-software.com
Contact:
Investor Relations
GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 37464-84-264
Fax: +49 37464-84-15
E-Mail: rschiller@gk-software.com
End of Corporate News
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Language: English
Company: GK Software AG
WaldstraÃe 7
08261 Schöneck
Germany
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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206641 10.04.2013
DGAP-News: GK Software AG: Russian Fashion Chain Modis Opts for GK SOFTWARE AG Store Solution
| Source: EQS Group AG