EANS-Adhoc: Beta Systems Software AG sells subsidiary DETEC Software GmbH to UNICOM Systems, Inc.
13.07.2012 – 17:54
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- C.E.O. Interviews/Divestment 13.07.2012 - Consistent continuation of strategic realignment - Management Board change at Beta Systems Software AG as of Dec 31, 2012 Berlin, July 13, 2012 - Beta Systems Software AG (BSS, ISIN DE0005224406) today sold 100% of its shares in the subsidiary DETEC Software GmbH, Ruesselsheim. The sale takes place with economic effect as of July 31, 2012. DETEC is acquired by UNICOM Systems Inc, Mission Hills, USA, a global IT provider belonging to the UNICOM Group. The purchase price runs to a figure in the single-digit million euros mid-range. Consistent continuation of strategic reorientation By selling this no longer strategic entity, Beta Systems continues to pursue its consistent strategic realignment process, focusing on key areas of expertise. As a result of the sale, Beta Systems anticipates a cash inflow in the amount of the full purchase price for the fiscal year 2011/12 as well as extraordinary income at both group level (IFRS) and corporation level (HGB/German Commercial Code). Change to the Management Board of Beta Systems Software AG as of Dec 31, 2012 The Supervisory Board and Management Board Member and CEO Jürgen Herbott have mutually agreed not to extend Mr. Herbott's current period of office beyond the end of December 2012. end of ad-hoc-announcement ================================================================================ Information and explanations on the issuer of this ad-hoc statement DETEC Software GmbH generates annual sales of approx. 3 million and employs some 20 staff at its Ruesselsheim location. As a software manufacturer, DETEC specializes in products and services for the design, production and distribution of professionally designed business documents - whether printed or in digital form. With its new "DoXite" product generation and the "Lasersoft" product, DETEC specifically supports professional internal and external business communication (B2B, B2C) of its approx. 350 customers in Germany and abroad. DETEC has been valuable part of the Beta Systems Group since 2009. Further details of the transaction will be announced shortly in a joint press release. End of information and explanation Beta Systems Software Aktiengesellschaft Beta Systems Software Aktiengesellschaft (General Standard: BSS, ISIN DE0005224406) provides high-quality software products and solutions in the IT security and transparency area, as well as for the automated processing of ultra-large data and document volumes. In its 'Data Center Automation & Audit', 'Identity & Access Governance' and 'Document Processing & Audit' business areas, the company supports customers from the financial services, industrial, retail/wholesale, logistics and IT services areas in the optimization of IT security and the automation of business process, and with an extensive range of products, solutions and consulting in the 'GRC Governance, Risk & Compliance' area for legal and business compliance requirements. Beta Systems was founded in 1983, has been listed on the stock market since 1997. The Berlin headquartered company employs around 270 members of staff. Beta Systems operates both nationally and internationally with 15 Group companies and numerous partner companies. Globally, more than 1,300 customers in over 30 countries are optimizing their processes and improving their security in more than 3,200 operational installations using Beta Systems products and solutions. The company is one of Europe's leading medium-sized, independent software solution providers, and generates around 50% of its revenue abroad. More information on the company and its products can be found under www.betasystems.com. You can also visit Beta Systems at www.twitter.com/BetaSystems, www.facebook.com/BetaSystems and www.xing.com/companies/betasystemssoftwareag. Further inquiry note: Company: Beta Systems Software AG Arne Baßler Director Corporate Communications Tel.: +49 (0)30 726 118-170 Fax: +49 (0)30 726 118-881 e-mail: arne.bassler@betasystems.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Beta Systems Software AG Alt Moabit 90d D-10559 Berlin phone: +49(0)30 726118 0 FAX: +49(0)30 726118 800 mail: info@betasystems.com WWW: http://www.betasystems.com sector: Software ISIN: DE0005224406 indexes: CDAX, General All Share stockmarkets: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated dealing/general standard: Frankfurt language: English