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EANS-Adhoc: S&T System Integration&Technology Distribution AG
New management at S&T Austria GmbH

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information
23.07.2010
Eduard Bugelnig, Patrick Schnebel and Robert Latka take over 
management of the Austrian subsidiary of S&T
Shortly after his transition from the Supervisory Board to the head 
of S&T, CEO and company founder Thomas Streimelweger appointed the 
new country managers  for the Austrian subsidiary. From 26 July, 
Eduard Bugelnig, Patrick Schnebel and Robert Latka, three top 
industry players, will take the helm of S&T Austria GmbH. S&T Austria
has around 300 employees and serves renowned companies such as OMV, 
SPAR, Andritz, Novomatic, Porsche Österreich, Mondi, voestalpine and 
Energie AG as an integrated full-service IT provider with a focus on 
"Consulting. Integration. Outsourcing." In 2009, S&T Austria 
generated sales of around EUR 84 million, or approximately one-fifth 
of the Group´s total revenue.
"In order to achieve the desired operative turnaround of the S&T 
Group as quickly as possible, we need to return to our former 
entrepreneurial drive," commented Streimelweger. "The new Austrian 
team consists of excellent people with significant experience, 
representing the new dynamic. It is their task to make S&T Austria 
flexible, versatile and above all, customer-focused again. I am 
convinced that the new leading team will be able to effectively 
implement these goals. Our aim is the sustainable development of our 
business relationships with our current key accounts through 
`upselling´ - an intensification of our services in the high-value 
consulting division, long-term customer retention and growth in 
outsourcing and outtasking, respectively, as well as a strengthening 
of our service offer by utilizing our local presence in Eastern 
Europe and Asia. This should lead to a solid expansion of our order 
book."
The new Managing Director, Eduard Bugelnig (46), comes to S&T from 
Capgemini. Following his nine-year career with the company in various
managerial positions, he was most recently CEO of the Outsourcing 
Services division in Central and Eastern Europe. As a member of the 
management team he will primarily be responsible for Outsourcing, 
Managed Services and Infrastructure, and will act as head of sales.
Patrick Schnebel (41) has been on board at S&T Austria since April 
2010 as head of Business Solutions. He previously held management 
positions at several IT companies, including Materna Information & 
Communications, BMC Software and SolveDirect. He will concentrate on 
the areas of Consulting and Software Solutions (Business Solutions) 
as part of the management team.
Robert Latka (45) has been Director of Finance and Administration at 
S&T Austria since 2008. Preceding this role, he held business 
administration positions at management level at various IT service 
providers, most recently serving for over ten years at T-Systems 
Austria and T-Systems International, respectively. His focus at S&T 
will remain on Accounting, Controlling, internal IT Systems and 
Legal.
Damianos Soumelidis leaves S&T at his own wish to pursue his career 
as an independent entrepreneur. Thomas Streimelweger comments: "I 
regret the departure of Damianos Soumelidis, who has significantly 
contributed to the positive development of the services business of 
S&T in the past years".
end of announcement                               euro adhoc

Further inquiry note:

Thomas Streimelweger, CEO
Mobil: +43 664 340 26 78

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wien / official market

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