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Muelheim a.d. Ruhr / Cologne (ots Ad hoc-Service) -
Major DEM 6 million order already placed for new company
EASY SOFTWARE AG, listed in the Neuer Markt segment of the
Frankfurt stock exchange, and KÖNEMANN VERLAGSGESELLSCHAFT mbH have
launched WordFactory AG, a mutual subsidiary of which EASY holds a
majority share of 51% while KÖNEMANN VERLAGSGESELLSCHAFT mbH and the
linguist Prof. Dr. Paprotte hold 45% and 4%, respectively.
The new company will focus on the joint production and world-wide
sales of multilingual and multimedia products. These will be
distributed as high-quality print media, on CD, and via the Internet.
WordFactory AG, in possession of all rights to the contents, will
build up the largest electronic linguistic archive world-wide and
market it internationally as a language database in conjunction with
the contents from all publications of KÖNEMANN VERLAGSGESELLSCHAFT
mbH that are available for this purpose. One of many possible
applications is a multilingual Internet search with semantic support.
This provides the option to enter, for example, a Spanish search term
and, at the same time, automatically run a multilingual query for
synonyms, generic and related terms in French, German, English and
Italian (multilingual thesaurus). This basic technology is applicable
to all Internet search engines.
KÖNEMANN VERLAGSGESELLSCHAFT mbH, the most successful and fastest-
growing German publishing house with a projected annual sales revenue
of about DEM 300 million, has placed a major order with WordFactory
AG to create (for now) 4 dictionaries (German/English, German/French,
German/Spanish, English/Spanish) with a total value of more than DEM
6 million. Other follow-up orders are to be placed at a later time.
The technological basis for these productions is formed by the
existing lexical databases and the software technology of linguist
Professor Dr. Paprotte's ZERES GmbH in which EASY holds an 83%
majority share as of January of this year.
With this new subsidiary, the EASY SOFTWARE AG technology group
has obtained an additional pillar in a fast-growing market sector as
a service provider for all linguistic users, and now also plays the
additional role of an Internet "content publisher".
The new company, with a registered capital of DEM 1 million, is
intended to be listed in the Neuer Markt section of the stock
exchange market at a later point in time.
Könemann Verlagsgesellschaft mbH: KÖNEMANN VERLAGSGESELLSCHAFT
mbH, based in Cologne and founded in 1993, is the fastest growing
publishing company in the world. With subsidiaries in USA, England,
France, Italy, the Netherlands, Hungary, Australia, Hong Kong, South
Africa and Japan, a consolidated revenue of over DEM 300 millions is
planned in this business year. The profit situation is way above
average. The strength of KÖNEMANN VERLAGSGESELLSCHAFT mbH lies in
their Oneworld-Onepublisher principle. That means that KÖNEMANN
VERLAGSGESELLSCHAFT mbH brings the titles it has developed onto the
world-wide market in up to 30 languages itself, with no middlemen.
The result of this is that KÖNEMANN VERLAGSGESELLSCHAFT mbH can offer
customer prices more favorably than its competitors. In the next 4 -
5 years, KÖNEMANN VERLAGSGESELLSCHAFT mbH expects to be able to
increase its revenue to over DEM one billion.
EASY Company Profile: EASY SOFTWARE is represented in over 30
countries by more than 450 distributors and sales partners and
belongs to the leading providers in the market for archiving and
document management systems with roughly 5,000 network installation
Original-Content von: EASY SOFTWARE AG, übermittelt durch news aktuell