IXOS Software AG
IXOS CEO Robert Hoog to step down
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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IXOS CEO Robert Hoog to step down
Grassbrunn near Munich, May 5th, 2004 – IXOS Software AG (FWB: XOS, NASDAQ OTC:
XOSYY), today announced that Robert Hoog, 51, resigns from office as CEO of IXOS
SOFTWARE AG by mutual agreement with the Supervisory Board. Hoog’s
responsibilities will shift to John Shackleton. John Shackleton is the President
of Open Text Corporation (“Open Text”) which owns approximately 88% of IXOS.
Hartmut Schaper, IXOS CTO, will continue on the IXOS Executive Board and has
prolonged his management contract with the company.
Robert Hoog is leaving on best terms. While Hoog’s resignation as CEO is
effective immediately, Hoog will leave the company at the end of the fiscal year
which is June 30, 2004. The move to appoint John Shackleton to the Executive
Board of IXOS is to facilitate the alignment of the strategies of IXOS and Open
Text in a manner that is in the best interest of both companies.
John Shackleton is an experienced leader who is knowledgeable about company
operations and strategy. Shackleton has been the president and a board member of
Open Text since 1998. He has also held executive management positions with
Oracle, Sybase, and Platinum Technologies.
The Supervisory Board paid tribute to the role played by Robert Hoog in IXOS’
strategic orientation on high growth with its broad document management product
range and through the partnership with Open Text, and extended its sincere
thanks to him.
Contact:
IXOS Investor Relations
Anke Lüdemann
0049 (0)89 4629 2400
ir@ixos.de
end of ad-hoc-announcement (c)DGAP 05.05.2004
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WKN: 506150; ISIN: DE0005061501; Index: NEMAX 50
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
051256 Mai 04
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