CEYONIQ AG
Ad hoc-Service: CE Computer Equipment AG english
Ad-hoc announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Bielefeld, March 6, 2001 – CE Computer Equipment AG today
announced it has taken further measures for the swift and successful
opening-up of the US market. As a consequence TREEV, Inc., CE’s wholly owned
US subsidiary, has been re-organized to achieve profitability in the
immediate quarters.
Since the merger of TREEV Inc. into CE, Gerd Bührig, Member of the Board of
Management at the company’s German headquarters, has been responsible for
the US business of the company. At the same time, TREEV has been
strategically repositionend in the growth market of content management. In
the course of this refocussing, CE has taken specific cost-cutting measures
and reduced TREEV’s work force by approximately 15 %.
In order to quickly open up the markets that are targeted by CE in the US,
the company will also extend its strategic partnerships with US market
leaders including SIEBEL Systems, SAP and Oracle.
As a result of these strategic measures, CE anticipates TREEV will increase
its revenues in the current quarter. With about 2,000 customers and a market
penetration of almost 30 % in the banking segment, TREEV ranks among the
leading providers to the banking community in the North American market.
Your contact:
CE Computer Equipment AG
Regine Kaufmann, Investor Relations
Herforder Str. 155a
33609 Bielefeld
Germany
Phone:+49 (0) 521/9318-288
Fax: + 49 (0) 521/93 18-39 288
E-mail: r.kaufmann@ce-ag.com
end of Ad hoc-announcement, (c) DGAP 06.03.2001
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WKN: 542000; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
060837 Mär 01
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