ots Ad hoc-Service: Easy Software AG EASY SOFTWARE AG Establishes New Subsidiary in Austria
Company acquires software specialists in Vienna and Salzburg

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Mülheim a. d. Ruhr/Wien (ots Ad hoc-Service) - EASY SOFTWARE AG, listed in the Neuer Markt section of the Frankfurt stock exchange market, acquires 70% of the shares in the companies Archiv Austria GmbH in Vienna and Archiv Consult GmbH in Salzburg, backdated to January 1st of the current year. Both software companies specialize in the document management and electronic archiving fields of business and belong to the market-leading distributors in Austria. In the future, the two recently acquired businesses will function together under the shared firm name of EASY SOFTWARE AG. According to the company, this serves to promote its further internationalization; EASY will be represented as a supplier of complete DMS solutions through its own branch offices in Salzburg and Vienna. Henceforth, the software manufacturer's new foreign subsidiary will directly support and strategically expand the existing network of sales partners in Austria. A number of major customers, including renowned clients like Austrian Airlines or the Austrian National Bank, will be directly serviced through EASY from now on. This is in accordance with EASY's company goal of increasingly winning major corporations as customers - especially in connection with the standard business management software SAP R/3 - that require the presence of the supplier in their own country for the implementation of major projects. The sales revenue of the new Austrian subsidiary - starting out with 18 employees - is projected to double compared to the previous year to DEM 4.5 million in the year 2000. The conservative figure for projected sales revenues in the year 2001 is DEM 6.2 million. Following the establishment of the US subsidiary EASY SOFTWARE INC., the French EASY SOFTWARE SAS. and the British subsidiary EASY SOFTWARE (UK) PLC. in Manchester and London, the Austrian company joins them as the fourth foreign subsidiary. EASY Company Information: EASY SOFTWARE is represented in over 30 countries through 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 installations. Apart from its headquarters in Muelheim, the company, founded in 1990 and transformed into a stock corporation in 1998, has branch offices in Berlin, Walldorf (SAP Competence Center), and Andernach. An important step towards the expansion of EASY's international activities was the foundation of its British subsidiary in London and the first branch office in Manchester at the beginning of 2000. Besides the US subsidiary founded in the first half of 1999 and the French subsidiary, EASY is thus also directly represented in Europe's second largest IT market. For more information concerning EASY and its products, please visit our website: http:// www.easy.de. For further information, please feel free to contact: EASY SOFTWARE AG Ina Schmidt European Communications Eppinghofer Str. 50 D-45468 Muelheim a.d. Ruhr Tel.: ++49/(0) 208 45016-240 Fax: ++49/(0) 208 45016-419 E-mail: information@easy.de End ----------------------------------------------------- Internet: http://recherche.newsaktuell.de Original-Content von: EASY SOFTWARE AG, übermittelt durch news aktuell

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