GK SOFTWARE AG and SAP AG have signed a contract covering a reseller agreement. Under the arrangement, SAP will directly distribute two GK/Retail software solutions for store device control and offline enabled mobile store processes.
Information and Explaination of the Issuer to this News:
Company Profile of 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 es-tablished itself on the market as a leading provider of technology and innovations. The soft-ware 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 294 members of staff (figures for 30 Juni 2009) at company head-quarters 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 com-panies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzer-land), EDEKA Hannover-Minden, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used in 25 countries at 57,000 POS units in approx. 13,500 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 15.0 million in 2008. GK SOFTWARE AG achieved EBIT of EUR 2.8 million (EBIT margin of 18.5% on total operating revenue). The two found-ers 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.de.
Investor Relations
GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
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