BEKO Holding AG

ots Ad hoc-Service: BEKO Holding AG BEKO acquires 51 % of Pallas Soft AG

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ---------------------------------------------------- Vienna (ots Ad hoc-Service) - BEKO Holding AG, which is listed on the Neuer Markt, has signed an agreement on extensive cooperation and collaboration in the German market with Pallas Soft AG and is taking over 51% of the German IT service provider. BEKO Informatik GmbH, as a wholly-owned subsidiary of BEKO Holding AG, is to be taken over completely by Pallas Soft AG. The object of the cooperative deal is to combine the companies service provision to customers in the areas of industry, banks and insurance, telecommunications, public administration and publication in all locations in Germany. The IT services cover the fields of Microsoft Back Office, UNIX, legacy systems, project management, software analysis and programming, and e-business solutions. The cooperation will create substantial synergies in staff training and consultancy services and in distribution. In this cooperation, BEKO together with its operational subsidiary BEKO Informatik GmbH will provide the know-how in project management, business process management, e-business solutions, legacy and software analysis and programming. Pallas Soft AG will strengthen the cooperative link-up with its project know-how on the Microsoft system platform, its advisory and implementation services for building server farms and its training side as a Microsoft Certified Technical Education Center. The companies complement each other not only in their business areas but also in their customer groups; BEKO places its emphasis on major companies with large-scale projects in the banking, insurance and telecoms sectors while Pallas Soft deals with medium-sized enterprises, public administration and publishers. Since its foundation in 1987, the computer systems company Pallas Soft AG in Regensburg has increasingly profiled itself as a Microsoft Solution Provider partner for a large number of enterprises of all sizes. Pallas Soft has established itself throughout Germany in the areas of integration, networking and new media in particular, and its activities include advising leading German publishers on the realization of integrated total solutions based on Windows NT. Pallas Soft AG is planning to go public in the longer term. BEKO Holding AG has been listed on the Neuer Markt since June 1999, and with its subsidiary BEKO Ing. P. Kotauczek GmbH it is Austrias biggest independent IT company and the leading provider of total solutions in the field of IT consultancy. Engineering and Internet platforms are other strategic business areas. Its German subsidiary BEKO Informatik Deutschland GmbH is based in Munich, with a branch in Frankfurt. Contacts: BEKO Holding AG Dr Max Höfferer Tel.: +43 1 79750 244, Fax: +43 1 79750 8004 E-mail: - Pallas Soft AG Ms Veronika Leibl Tel.: +49 941 6045 116, Fax: +49 941 6045 316 E-mail: - End ----------------------------------------------------- Internet: Original-Content von: BEKO Holding AG, übermittelt durch news aktuell

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