PSI AG

ots Ad hoc-Service: PSI AG PSI Increases Commitment to Internet Solutions Increased Interest in UBIS GmbH and Increase in Capital Stock Planned

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    Berlin (ots Ad hoc-Service) - PSI AG: ad hoc-announcement in accordance with Paragraph 15 WpHG

    PSI Increases Commitment to Internet Solutions Increased Interest in UBIS GmbH and Increase in Capital Stock Planned

    The PSI Group will continue to pursue its growth strategy in 2000. The thrust of this strategy will continue to be a rapid expansion of the product range for resource management via Internet. To that end PSI is increasing its holdings in the e-business specialist UBIS from 66% to 75% and the significance of e-business and the Internet within the group by continuing its investments and acquisitions.

    For that reason PSI is increasing the capital stock by 1,167,184.78 Euro from authorized capital. The new shares will be offered to shareholders by the banking consortium at a ratio of 20 to 1 at an attractive price, which is still determined.

    Your contact person:

    PSI AG Karsten Pierschke     Manager Investor Relations     Dircksenstraße 42-44     10178 Berlin

    Tel. +49 30 2801-2727     Fax +49 30 2801-1000     eMail: KPierschke@psi.de

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