SER Systems AG
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SER Management Buy Out in Switzerland
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SER Management Buy Out in Switzerland
Neustadt/Wied (Germany), November 01, 2001
As part of its ongoing restructuring program, the SER Systems AG Board of
Management and Supervisory Board have resolved to complete a management buy out
deal for its SER Schweiz AG subsidiary. The current leadership role of SER
Solutions Deutschland GmbH in the German speaking area will not be affected by
this change.
The sale of the SER Schweiz AG to the current board member, Albert Baumberger,
will take effect December 1, 2001. Albert Baumberger will continue to lead the
company under its new name, OPENINFO AG.
OPENINFO AG will be the exclusive SER distributor in Switzerland and in the
principality of Liechtenstein. A partnership agreement to this effect was made
at the time of purchase with the SER Solutions Deutschland GmbH. With more than
3 years experience, the highly qualified Swiss team is well prepared to continue
providing SER customers and partners in Switzerland with products and support.
In addition to document management and workflow systems, SER’s Swiss distributor
will especially concentrate on the sales of knowledge enabled products based on
the SERbrainware technology. The cooperation with SER Solutions Deutschland GmbH
in mutual projects ensures know-how transfer.
Your contact to SER: Phone +49 (0) 26 83-9 84-3 61 / ir@ser.com /
http://www.ser.com
end of ad-hoc-announcement (c)DGAP 01.11.2001
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WKN: 724190; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart; London
010831 Nov 01
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