DGAP-Adhoc: COR&FJA AG: AXA Deutschland opts for joint project with IBM and COR&FJA to install COR.FJA Life Factory

| Source: EQS Group AG
COR&FJA AG  / Key word(s): Contract

23.12.2013 16:57

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


AXA Deutschland opts for joint project with IBM and COR&FJA to install
COR.FJA Life Factory

(Leinfelden-Echterdingen, 23 December 2013) - Today, AXA Deutschland signed
a contract with IBM Deutschland GmbH - who, in turn, signed a contract with
COR&FJA as sub-contractor - that provides for the installation of COR.FJA
Life Factory as the central management platform for the migration of life
insurance policies during an overall project term of around five years.

The first installation stage is scheduled to go live at the beginning of
2015. Within the parameters of the contractual provisions, IBM has assumed
the role of AXA's central contracting partner and COR&FJA that of the
product supplier and integration partner as IBM's sub-contractor. The
aggregate order volume for COR&FJA will be in excess of 40 million euros.

In addition to the program control and integration services in the AXA
peripheral system environment, IBM's tasks as defined in the order also
include operating the IT for COR.FJA Life Factory on the basis of IBM
PureSystems technology. In this way, the strategic partners COR&FJA and IBM
have been able to place this new joint solution on the market successfully
for the first time.

Issuing party: 

Investor Relations 
Humboldtstraße 35, 70771 Leinfelden-Echterdingen 
Tel. +49 711 94958-0 
E-mail: investor.relations‎@‎cor.‎fja.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

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Language:     English
Company:      COR&FJA AG
              Humboldtstraße 35
              70771 Leinfelden-Echterdingen
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