ISRA VISION Parsytec AG
Parsytec AG: New CEO at Parsytec
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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New CEO at Parsytec
Strengthening focus on solutions business
Major shareholder fully committed with 1-year lock up
Aachen – March 17, 2006. The Supervisory Board of Parsytec AG (ISIN
DE0005089908), the world’s leading provider of surface inspection systems,
has today appointed a new Chief Executive Officer (CEO). Mr. Christoph Rau
(50) will succeed Falk Kuebler with effect from May 1, 2006. Mr. Kuebler
retires as CEO for personal reasons, but will remain closely tied to the
Company as shareholder and supporter. Kuebler, the Company founder and
hitherto CEO, emphasizes his strong ongoing support for Parsytec by
committing to a lock-up period of one year for all of his Parsytec shares.
Christoph Rau has worked for nearly 20 years in a variety of technical,
sales and general management activities at IBM, most recently as Division
Manager for IBM’s entire software business in the German-speaking area.
Since 2003 he has been General Manager Central and Eastern Europe for
infrastructure software provider BEA Systems, Munich. He has in-depth
experience in developing and marketing of customer-specific solution
concepts.
“Parsytec must advance and reinvent itself permanently, for keeping the
edge in competition. This also requires new top level talents for the
company,” says Falk Kuebler. “We have long and carefully searched for the
right person who – after the successful establishment of new products and
market positions – can now lead the Company into a new era. I will do my
utmost as a shareholder to support my successor and make Parsytec even more
successful.“
As CEO and sole executive board member Christoph Rau will put his main
em-phasis on Strategy and Sales. “I greatly look forward to my new job. I
believe Parsytec has immense potential and I want to exploit it together
with our em-ployees, shareholders, and customers.“
Parsytec AG
Investor Relations
Dr. Martin Mertes
Auf der Huels 183
52068 Aachen
Germany
Tel +49 (241) 9696 200
Fax +49 (241) 9696 500
Email: ir@parsytec.de
Internet: www.parsytec.de
(c)DGAP 17.03.2006
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language: English
emitter: Parsytec AG
Auf der Hüls 183
52086 Aachen Deutschland
phone: +49 (0)2419696-200
fax: +49 (0)241 9696-500
email: ir@parsytec.de
WWW: www.parsytec.de
ISIN: DE0005089908
WKN: 508990
indexes:
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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