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TTL Beteiligungs- und Grundbesitz-AG

ots Ad hoc-Service: TTL Info. Technology AG <DE0007501009>TTL acquires EDP consultants Kowoll and C-CONNECTION

Munich (ots Ad hoc-Service) -

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TTL acquires EDP consultants Kowoll
and C-CONNECTION
With retrospective effect from 1 January 2000, TTL AG has taken
over Gerhard K. Kowoll EDV-Beratung GmbH and C- CONNECTION Computer &
Network Solutions GmbH. The shares will be acquired within the
framework of a capital increase against non-cash contributions,
utilizing the approved capital available. The equity capital thus
rises by 27,000 euros to 4,977,000 euros.
Both companies operate in the field of manufacturer/platform-
independent IT consulting, and in 1999 achieved a consultancy
turnover of around 2.5 million DM. Their consulting activities focus
mainly on business cycle management and cost optimization for IT
infrastructures, formulation of IT strategies, implementation of IT
solution packages, and holistic support services for heterogeneous IT
systems, networks, databases and applications for companies in all
sectors. They will in future, under the name of TTL Consult IT GmbH,
supply the foundations required to further strengthen TTL AG
consulting and project management capabilities for integrated
all-inclusive packages. In strategic terms, the company will
intensify and successively expand the groups Global Services and
Hosted Services operations. Gerhard K. Kowoll remains General Manager
of TTL Consult IT GmbH.
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