DGAP-News: Softing AG / Key word(s): Incoming Orders
Softing AG: Major order for Softing Automotive
16.12.2014 / 16:47
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A German manufacturer of premium cars has chosen Softing Automotive as the
exclusive vendor for its diagnostic development and testing tools. The
manufacturer will use Softing tools for his entire spectrum of vehicles
from passenger cars to utility vehicles.
This will result in approx. EUR 6 to 8 million sales in software licenses
and project services over the next 2-3 years. Initial orders are expected
to be submitted in the first half of 2015. This contract will significantly
improve Softing Automotive's strategic position in the market and improve
the chances of winning other manufacturers for the Softing tool chain.
About Softing AG
Softing is a global management holding company. The companies of the
Softing Group produce and market hardware and software for in the
industrial automation and automotive electronics segments. They develop
high-quality standard technology products and customized solutions in close
cooperation with their customers. Both of Softing's business segments
operate in growth markets. Softing aims at achieving sustainable
profitability with double-digit sales growth annually.
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16.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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306169 16.12.2014
DGAP-News: Softing AG: Major order for Softing Automotive
| Source: EQS Group AG