Schöneck, 14 March 2011 - GK SOFTWARE AG has received an order from a major international sporting goods and sportswear producer from Herzogenaurach, Germany to supply all ~2.000 sport item branches worldwide with its GK/Retail software. Both companies have agreed to keep the details of this agreement and scope of this project confidential.

GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland
WKN 757142
ISIN DE0007571424

(End of Ad-hoc-Announcement)

 

 

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 343 members of staff (figures for 30 September 2010) 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 73,000 POS units in approx. 19,000 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 23.3 million in 2009. GK SOFTWARE AG achieved EBIT of EUR 4.9 million (EBIT margin of 20.1% 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

GK SOFTWARE AG
Dr. René Schiller
Phone.: +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.

Overview