S&T Syst. Integ. & Tech. Distr. AG
S&T AG: Merger in Austria successfully completed
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Merger of Companies Acquired by S&T in Early 2005 Already Successfully
Completed
* Fusion of T-Systems DSS and Computacenter to form S&T Austria strengthens
S&T’s position on the Austrian IT market
* Synergy effects form the basis for successful repositioning
September 5, 2005, Vienna – Austria. The successful integration of the four
companies at shared sites means that after only five months even the
locational and structural aspects of the merger of S&T Austria, Computacenter
and T-Systems DSS to form the new S&T Austria GmbH have been completed. The
headquarters of S&T AG has also moved to the new location in 1110 Vienna.
The record-breaking speed and professionalism with which the various IT
systems and business processes were integrated, and the rapid legal
amalgamation of the three companies acquired in 2005, as well as the
concentration of the branch offices in the provinces and all logistics in less
than six months is an important reference project for the IT systems
integrator S&T.
The opportunities presented by the amalgamation are also being used to
reposition S&T Austria GmbH on the Austrian market for IT services. As
Helfried Mück, managing director of S&T Austria explains, “in future we will
focus more strongly upon industry solutions for telecoms, banks and insurance
companies, the manufacturing sector, government and power utilities. This will
enable us to generate synergies and exploit competences in Austria as well as
the know-how of affiliated companies throughout the entire S&T Group,
especially the recently acquired EFP Group which is also active in Austria.”
The acquisition of the EFP Group, a leading provider of SAP solutions in CEE,
strengthens S&T’s product portfolio in the increasingly important ERP segment,
process consulting and IT outsourcing.
“Both international companies headquartered in Austria and medium-sized
Austrian companies with subsidiaries abroad will benefit even more from the
international synergies within the S&T Group and our service network in 21
Central and East European countries. As a result of this merger, we can now
offer maximum customer proximity throughout Austria and will consistently
utilize our new sales strength,” says Christian Rosner, COO of S&T AG.
The kick-off will take place on September 7, 2005 at the Semper Depot in
Vienna with a large S&T customer event. As well as introducing the new S&T
Austria, S&T and its strategic partners HP, IBM, EMC, Fujitsu-Siemens,
Microsoft, Citrix, Network Appliance, RSA, Samsung, Lenovo and VMWare will
also present trends, strategies and solutions on the theme of Business
Continuity to Austrian customers.
S&T Austria has over 300 employees at six locations throughout Austria serving
renowned customers such as Porsche, RedBull, Uniqa, Billa, Spar, Mondi
Business Paper, BAWAG PSK Gruppe, voestalpine, Coca-Cola, BMW,
PriceWaterhouseCoopers, Andritz, SCA, BP, TILAK, Magna Steyr, Austrian, BA-CA,
Infineon, OMV, the Lower Austrian provincial government and the Austrian
Chamber of Commerce.
Following the successful integration, S&T Austria GmbH is now the leading
Austrian provider of IT services.
About S&T – http://www.snt.at – XETRA VIENNA: SNT
With some 1,800 employees S&T is the leading provider of IT solutions and
services for customers in Central and Eastern Europe. The company develops and
implements custom-tailored IT solutions for large and medium-sized
telecommunications companies, banks, power utilities, manufacturing companies
and public institutions. Through our subsidiaries in 21 countries we realize
cross-border IT structures, offering our clients outstanding solutions and
service competence.
For further information please contact:
Christian Rosner Margit Hermentin
Chief Operating Officer Head of Investor Relations and
T: +43 (0)1 367 80 88 Corporate Communications
christian.rosner@snt.at T: +43 (0)1 367 80 88-1024
M: +43 (0)664 112 36 36
margit.hermentin@snt.at
S&T SYSTEM INTEGRATION & TECHNOLOGY DISTRIBUTION AG
Geiselbergstrasse 17-19
1110 Vienna
Austria
End of announcement (c)DGAP 05.09.2005
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WKN: 915194; ISIN: AT0000905351; Index: ATX Prime
Listed: Amtlicher Markt in Wien; Freiverkehr in Berlin-Bremen, Frankfurt,
München und Stuttgart
050946 Sep 05
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