ots Ad hoc-Service: PSI AG PSI combines logistics units into single business entity New structure will lead to faster growth with eLogistics solutions

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Berlin (ots Ad hoc-Service) - The PSI AG plans to combine it's logistics activities into a single business entity. The subsidiaries ECI GmbH in Hamburg and Planar GmbH in Dortmund will be combined on January 1st,2001 with the logistics division of PSI to create a single enterprise. The merger of the three logistics specialists will result in the creation of a new provider with 150 employees and an annual turnover of more than DM 40 million. The goals of the newly formed subsidiary, "PSI-Logistics", will be increasing market share in the rapidly expanding market for logistics solutions as well as combining the synergy and know-how of the three providers. ECI brings it's international selling structure as well as standardized software for controlling and optimizing logistic processes to the company. In addition to providing solutions in the area of airport logistics, the core competence of PLANAR lies in their ability to integrate Internet and logistics applications into complete eLogistics solutions. With over three decades experience, PSI's logistics division has overseen many successful projects and has built-up an outstanding customer base. PSI will supply further details about the merger at a later date. Your Contact: PSI AG Karsten Pierschke Manager Investor Relations Dircksenstraße 42-44 D-10178 Berlin Tel. +49 30 2801-2727 Fax +49 30 2801-1000 eMail: Ende der Mitteilung ----------------------------------------------------- Im Internet recherchierbar: Original-Content von: PSI AG, übermittelt durch news aktuell

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