IXOS Software AG
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IXOS sets trend in implementing corporate governance
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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IXOS sets trend in implementing corporate governance
One of the first Nemax 50 companies with a full declaration of compliance –
commitment to high transparency and publicity standards
Grasbrunn, Munich, September 19, 2002 – IXOS SOFTWARE AG is leading the way in
transparency and publicity for German companies on the Neuer Markt. The software
company is one of the first Nemax 50 enterprises to submit a declaration of
compliance with the new German Corporate Governance Code and include it in its
annual report 2001/2002, published today. IXOS complies with all of the Code’s
recommendations and has also made a voluntary commitment to adhere to many of
the suggestions and regulations concerning international corporate governance.
The individual payments made to the members of the Executive Board in fiscal
year 2002/2003 will also be disclosed.
The Executive Board and Supervisory Board of IXOS SOFTWARE AG welcome the
publication of the German Corporate Governance Code and have resolved to
implement and comply with its regulations in the IXOS Group. “IXOS meets the
high transparency requirements of the Securities and Exchange Commission (SEC)
and the Neuer Markt. It goes without saying that we observe the principles of
value-oriented, transparent company management and control,” declared IXOS CFO
Peter Rau. “In this way, we are demonstrating that good corporate governance has
a high priority in the IXOS Group,” Rau continued.
Prime examples of how IXOS applies the corporate governance regulations are:
auditing of quarterly financial statements by the certified auditors,
transmission of key parts of the General Meeting over the Internet, disclosure
of the insider trading rules for employees and management including trading
windows for IXOS shares. In addition, IXOS publishes the auditor’s certificate
of independence and discloses the breakdown of consulting and auditing fees.
The full text of the declaration of compliance in accordance with section 161
Aktiengesetz (German Public Companies Act) can be found in the IXOS Annual
Report and on the IXOS home page www.ixos.de/XXX.
IXOS SOFTWARE AG
Investor Relations
Tel: +49-89-46 29 2400
Email: ir@ixos.de
end of message, (c)DGAP 19.09.2002
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WKN: 506150; ISIN: DE0005061501; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München, Stuttgart
190800 Sep 02
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