Schöneck, November 1, 2011 - The Supervisory Board and the Executive Board of GK SOFTWARE AG are pleased to inform that the company could win Mr. Michael Jaszczyk as CTO and Mr. Oliver Kantner as COO. On November 1, 2011 Mr. Jaszczyk will take over the Managing Board position for Technology and Development from Stephan Kronmüller who will remain closely connected to the company as deputy board member. As Director of the GK FutureLab Mr. Kronmüller will dedicate his energies to the development of future technologies. The former COO Mr. Ronald Scholz will step down from the Executive Board with effect from 31th of October. The Supervisory Board and the Executive Board would like to thank Mr. Scholz for the many years of committed and excellent service he has given to the company.
GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland
WKN 757142
ISIN DE0007571424
Information and Explaination of the Issuer to this News:
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 403 members of staff (figures for 30 June 2011) at company headquarters 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 companies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used in more than 30 countries at 108,000 POS units in approx. 24,000 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 27.7 million in 2010. GK SOFTWARE AG achieved EBIT of EUR 6.4 million (EBIT margin of 27.7% on total operating revenue). The two founders and Management Board members, Rainer Gläß (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.com
Investor Relations
GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
