GAP AG GSM Applikationen und Produkte
GEDYS IntraWare and TJ Group Plc prepare planned combination within GAP

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– GEDYS IntraWare and TJ Group Plc prepare planned combination of their IBM technology solutions within GAP AG Petersberg, Oberhaching und Helsinki, June 17, 2004 – Following the Due Dilligence, GEDYS IntraWare, the owner of the GEDYS and IntraWare product lines, and TJ Group Plc, Finland, began to carry out the planned combination of their IBM technology software business which was announced at the end of April. The contract for the formation of a combined company within GAP AG will be concluded in July. The goal of the combination which is to take effect on July 1, 2004 is the joining of operations with regard to development, marketing and sales of software solutions based on IBM Lotus Domino and IBM Websphere/J2EE Software servers. With the combination the partners lay the foundation for a company which will be the leading European provider for solutions based on IBM Lotus Domino technologies. The company will be headquartered in Germany. Combining the strengths of both companies with regard to intellectual property rights, copyrights, know-how as well as marketing and support activities leads to significant synergies. The combination optimizes sales activities and market visibility throughout Europe and will double the number of customers. Business activities therefore already include Scandinavia, Central Europe and Great Britain and plans include further expansion, in particular, into the new European countries. In addition, costs will be reduced in the areas of product development, maintenance and support. The combination will expand the portfolio of solutions as well as the international marketing structures within the scope of the agreement. Distribution companies and a combined partner network in Europe and the United States provide optimal customer service. Product development will be combined and will include the CRM Suite, CMS Suite and Symfoni product lines of TJ Group and the IBM Lotus Domino applications of GEDYS IntraWare. Support will continue to be available for these products. Further optimization is realized with the integration of major functions of the respective solutions in the different product lines. The combination will make the development of new technologies, applications and products more cost effective and faster. Further development will be based on IBM’s latest technologies like IBM Websphere, IBM Lotus Workplace solutions and IBM’s Eclipse. The combination will also concentrate particularly on the development of applications, modules and interfaces for the transfer of data and configurations from existing software platforms to IBM’s new platforms. In this way customers’ current and future investments in IBM Lotus Domino technologies are secured. In the course of the combination, new members will join GAP AG management. Joerg Ott, Chairman of the GAP AG Supervisory Board will join the Management Board to direct the strategic orientation of the company and resigns as member of the Supervisory Board. Hannu Jokela, Chief Operating Officer of the TJ Group has been appointed to the Management Board as the third and equal member of the Management Board along with Markus Ernst and Joerg Ott. Tuomo Tilman and Jyrki Salminen, both founders and shareholders of the TJ Group, will join the Supervisory Board as additional members. In terms of its further development, GAP AG is undertaking a capital increase. Within the scope of this capital increase vbv Vitamin-B Venture GmbH as well as T 2 Investment have agreed to subscribe those shares which are not subscribed by subscription right during the subscription period. In this way, vbv and T 2 Investment – both major shareholders of GAP AG and TJ Group – support the development of the combination. Contact Public Relations: Kirstin Fischer GEDYS IntraWare GmbH Brückenmühle 93, D-36100 Petersberg, Germany Tel.: +49-661-9642-619 e-mail: kfischer@gedys-intraware.de CEO Mikko Setälä TJ Group plc Itämerenkatu 5, FIN-00180 Helsinki, Finland Tel.: +358-205-5151 e-mail: mikko.setala@tjgroup.com CEO Markus Ernst GAP AG für GSM Applikationen und Produkte, Bajuwarenring 12a, D-82041 Oberhaching, Germany e-mail: ir@gapag.de end of ad-hoc-announcement (c)DGAP 17.06.2004 ——————————————————————————– WKN: 580150; ISIN: DE0005801500; Index: Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 170901 Jun 04