Nemetschek AG

ots Ad hoc-Service: Nemetschek AG Nemetschek Subsidiary APSIS Software AG Acquires ODS

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    Munich (ots Ad hoc-Service) -

    APSIS Software AG doubles expected sales for 2001

    Nemetschek AG, one of the world's leading vendors of information technology and consulting services for building design, construction and management, and fourth largest vendor of standard software in Germany, has acquired Freiburg-based ODS via its 80- percent subsidiary APSIS Software GmbH.

    By acquiring a 100 percent stake in the receiving company of ODS GmbH, APSIS, market leader for project and cost management solutions in the field of Building Engineering in Germany as well as leading provider in the field of IT accounting, is consolidating its position in the field of economic feasibility controlling and HOAI software (German regulations governing engineers' and architects' fees). Thru the aquisition of ODS's clients, APSIS now has approximately 80 percent of the market in these fields, thus opening up enormous potential in Germany alone. With this acquisition, the Nemetschek subsidiary is significantly expanding its range of products and broadening its customer base.

    APSIS has increased its own forecasts as a result of the acquisition. The company expects sales to more than double from DM 7 million for the current business year to DM 15 million in 2001.

    For additional information, contact:

    Hermann Zimmermann Engel & Zimmermann AG     Agentur für Wirtschaftskommunikation     Am Schlosspark 15 D-82131 Gauting     Phone +49 (0)89 - 89 35 63-3 Fax +49 (0)89 - 89 39 84 29

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Original-Content von: Nemetschek AG, übermittelt durch news aktuell

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