GK Software AG / Contract 18.03.2010 14:45 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - Major international project in nine countries - Successful launch for GK SOFTWARE AG in the home improvement store sector Schöneck, 18 March 2010 - GK SOFTWARE AG has received an order to equip all the Hornbach-Baumarkt-AG markets with GK/Retail, following the successful conclusion of the pilot project. The switch at the Hornbach home improvement stores in nine European countries is due to take place in the near future. All the special functions needed for the home improvement store market were introduced into the software as part of this project within less than a year. Hornbach-Baumarkt-AG, one of the most important European operators of home improvement and garden stores, will be equipping all its business locations with GK SOFTWARE AG solutions in the future. Hornbach had commissioned the company to provide a complete pilot installation with all the special home improvement store features at the end of 2008. GK SOFTWARE AG completed this project in less than a year, basing it on the GK/Retail standard software. Following an intensive test phase, which started in the fall of 2009, Hornbach-Baumarkt-AG has now decided to introduce the software to all its markets. This decision is based on the high quality and speed demonstrated in completing the previous project. Standard Software for Home Improvement and Garden Stores The order from Hornbach means that GK SOFTWARE AG has successfully tapped into the home improvement store sector. Many special features have been included in the standard product and they now increase the universality of GK/Retail. Close integration with Hornbach's central SAP system also formed part of the project. Rainer GläÃ, CEO at GK SOFTWARE AG says: 'Based on this successful project at Hornbach, we have once again proven that our standard software can be quickly adapted to any retail sector and that we can meet the special demands set by any customer.' 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 131 large-scale home improvement and garden stores in nine European countries. The company, which is part of HORNBACH HOLDING AG, had turnover totalling EUR 2.6 billion in the 2008/2009 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 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 277 members of staff (figures for 31 September 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 more than 25 countries at 70,000 POS units in approx. 18,500 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 Gläà (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. Investor Relations GK SOFTWARE AG Dr. René Schiller Tel.: +49 (0)37464-84-264 Fax: +49 (0)37464-84-15 E-mail: rschiller@gk-software.com 18.03.2010 14:45 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: GK Software AG WaldstraÃe 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 ---------------------------------------------------------------------------
DGAP-News: GK Software AG: GK SOFTWARE AG Signs Strategic Partnership Agreement with Hornbach Baumarkt AG
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