P&I Personal & Informatik AG

Successful partnership goes beyond German borders

P&I and ADP expand cooperation at European level

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cooperations

Wiesbaden (euro adhoc) - After the successful beginning in Germany, ADP - the leading worldwide provider of HR and payroll outsourcing services - will now be offering its service to some mid-size customers in Europe using the P&I Loga application. After Germany, the first country for expansion is Switzerland, where the first new customers have already been landed.

P&I AG, Wiesbaden, and ADP - the leading worldwide provider of HR and payroll outsourcing services, which has its headquarters in New Jersey (USA) - will be further expanding the partnership that they established in 2007. For - in the meantime - the ADP SmartPay solution, which is tailored to mid-size customers, is also in demand outside of Germany. ADP SmartPay is a unique service for HR outsourcing. In this context, the well-known ADP outsourcing services encompassing HR (Human Resources) and Payroll management are offered to customers based on the P&I LOGA HR platform.

In Switzerland, this offer has already excited the first customers, who will outsource payroll processing and also plan to take advantage of additional services such as personnel management, time management and travel expenses. Now P&I and ADP are taking this international demand into account by expanding their co-operation arrangement. In the near future the ADP SmartPay service offer is to be launched in the Spanish market as well.

Andreas Kiefer, Managing Director of ADP Employer Services GmbH, Neu-Isenburg: "I am very pleased with the partnership in Germany and look forward to extending this outside of Germany leveraging the comprehensive P&I software application." Vasilios Triadis, the CEO of P&I AG, adds: "We are highly confident of the strength and performance capability of our software, which is utilised in eleven European countries. So we are all the more gratified by the fact that the service offer of our co-operation partner ADP will now give us the opportunity to convince even more customers outside of Germany about the merits of this product."

end of announcement                               euro adhoc
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Further inquiry note:

Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.de

Branche: Software
ISIN: DE0006913403
WKN: 691340
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