S&T Syst. Integ. & Tech. Distr. AG
S&T AG: S&T Takes Over Polish ERP-Services Provider BEELC
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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S&T Takes Over Polish ERP-Services Provider BEELC
Perfect Addition to the Existing Product and Customer Portfolio
January 11, 2006. Krakow – Poland; Vienna – Austria. S&T System Integration &
Technology Distribution AG has acquired 100% of the Polish Enterprise
Resources Planning specialist BEELC Polska Sp. z o.o.
BEELC Polska, which was founded in 1999 and has 20 employees, will reinforce
S&T’s strong Polish presence in the ERP sector. Specialists from BEELC will
provide high-end services such as the localization and implementation of
BAAN/SSA ERP systems, the modification of applications to suit individual
customer requirements, and support and maintenance services. These activities
will complement the Group’s existing experience in the manufacturing
industries .
Given BEELC’s portfolio in this business segment the acquisition fits
seamlessly into S&T’s ERP strategy. S&T thus has all the competences needed to
deliver solutions for complex projects in the manufacturing industries and to
confirm its claim to technological leadership.
“The takeover of BEELC brings us a number of strategic advantages. Besides
strengthening the ERP business in Poland, we will be able to increase critical
mass in this important IT growth market while the Krakow location will
improve our geographical coverage in the country. The acquisition nicely
rounds off our customer portfolio in Poland and we see a great deal of
potential for cross-selling in the future”, explained Christian Rosner, the
new Chief Executive Officer of S&T AG.
BEELC will be consolidated in the S&T Group as of January 1, 2006. It was
agreed that all other details of the transaction would be treated
confidentially.
About S&T – www.snt.at – XETRA VIENNA: SNT
With some 1,750 employees S&T is the leading provider for 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 20 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 Executive 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 11.01.2006
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WKN: 915194; ISIN: AT0000905351; Index: ATX Prime
Listed: Amtlicher Markt in Wien; Open Market in Frankfurt; Freiverkehr in
Berlin-Bremen, München und Stuttgart
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