GAP AG GSM Applikationen und Produkte
GAP AG buys GEDYS IntraWare GmbH

Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– GAP AG buys GEDYS IntraWare GmbH Oberhaching, November 18, 2003 – GAP AG for GSM Applications and Products acquired the Notes specialist, GEDYS IntraWare GmbH, a wholly owned subsidiary of GlobalWare AG. The purchase price is based on a valuation determined by an independent, international accounting company. GAP AG acquires the GlobalWare subsidiary for a total of 7 million Euro and thereby gains a solid company with which it can operate successfully in the market. Contact: GAP AG für GSM Applikationen und Produkte, Bajuwarenring 12a, 82041 Oberhaching, Kirstin Fischer, Tel.: 03691-204-556 end of ad-hoc-announcement (c)DGAP 18.11.2003 ——————————————————————————– WKN: 580150; ISIN: DE0005801500; Index: Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 181811 Nov 03