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ots Ad hoc-Service: caatoosee AG <DE0006178353> caatoosee invests in Tectum, the IT consultants

Stuttgart (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
Through its 100% Swiss subsidiary EDIFACT AG, caatoosee ag has now
acquired a significant holding in Tectum Beratungsgesellschaft für
Informationsverarbei- tung mbH (the Tectum consulting company for
information processing) based in Leinfelden-Echterdingen. The 41.53%
holding is backdated to October 1st and enables EDIFACT AG to take
corporate control of Tectum GmbH.
The fact that caatoosee ag has acquired a stake in Tectum GmbH
through EDIFACT AG reinforces the initial efforts of caatoosee ag to
integrate on-line network platforms into the current ERP and legacy
systems of various companies. Tectum GmbH will sell, distribute and
implement integration products of EDIFACT AG on the German market in
close cooperation with the Swiss ERP specialist.
Tectum GmbH was set up in 1980 and has acquired extensive know-how
and experience in technological consulting as well as in business
applications. With its 60 members of staff and a turnover of DEM
14.2m the company made an EBIT profit of DEM 0.5m in 1999. Tectum's
clientbase includes Epson, Hitachi, Motorola and Siemens.
Martin Seith, Tectum's managing director, will continue to run,
expand and integrate the company into the growing network of the
caatoosee Group of companies.

Contact:

caatoosee ag Martin Wenk Panoramastrasse 11 70174 Stuttgart Tel.:
+49 (0) 711 222 88-240 Fax: +49 (0) 711 222 88-100 e-mail:
martin.wenk@caatoosee.com http://www.caatoosee.com

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Original content of: caatoosee ag i.L., transmitted by news aktuell