euro adhoc: Triplan AG
Mergers - Acquisitions - Takeovers
+++ TRIPLAN sells
a part of stocks of its Technology Services-Segment to Neilsoft Ltd. +++
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
19.04.2007
Bad Soden, April, 19th, 2007 - TRIPLAN AG (ISIN: DE 0007499303) went in to a partnership with Neilsoft Ltd., India, and sold a part of a stock of the Technology Services-Segment to Neilsoft Ltd.. This is about the product range CADISON, TRICAD and PIPE M. For these purposes, Neilsoft Ltd. invests 60 percent in a new founded company, that holds the rights on the products CADISON, TRICAD Original and PIPE M. The purchase price is kept undisclosed.
With the agreement signing between both parties, the internationalization and further product development will be accelerated and pushed under the lead of Neilsoft Ltd. in our partnership.
TRIPLAN´s Expertise in the Automotive - Segment with its own Software development company Venturis remains as a core business to 100 percent in the TRIPLAN Group.
NEILSOFT Ltd. is a software and engineering services company with alltogether approximately 700 employees. The company is based in Pune, India. More over, NEILSOFT Ltd. has offices in the USA, Asia and Europe. TRIPLAN´s Managing Board sees further added value potentials in the partnership regarding the expansion of the international engineering activities.
The Managing Board
end of announcement euro adhoc 19.04.2007 01:22:46
Further inquiry note:
Arno Hausburg
Tel.: +49 (0)6196 6092 177
E-Mail: arno.hausburg@triplan.com
Branche: Heavy Engineering
ISIN: DE0007499303
WKN: 749930
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade