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USU AG advances international business

Sven Wilms to become new member of Board of Management responsible for global sales

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professional career/technology

Möglingen (euro adhoc) -

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As the new member of the Board of Management responsible for global sales, Sven Wilms is to manage all international activities of USU. The leading German developer of applications for business service management thus intends to advance its international business. The target is to achieve a share of sales exceeding 15% by 2010. Wilms will join the USU management team as of January 1, 2009. The 48-year old manager with international experience had previously made a significant contribution to global expansion as a member of the extended Management Board of IDS Scheer AG, which achieved a considerable upturn in profit and sales. For the last 2 years, Wilms has been responsible for all product and customer activities in Central Europe in his role as Senior Vice President and General Manager. The manager with a degree in engineering and business had already gained international experience during his 10 years at IBM where he held various management positions in European software sales.

In the wake of the new international direction, the focal point is the expansion of the European partner business into Great Britain, Benelux, Scandinavia and Eastern Europe. Our existing activities in Italy, Austria, Switzerland, the USA as well as in the Middle East are also to be intensified and expanded. With his many years´ experience in the global software product business, Sven Wilms is ideally qualified for the task.

With its integrated Valuemation product line, USU addresses all issues relating to business service management in line with ITIL. Current studies of independent US market analysts such as Forrester, Gartner and ECP repeatedly feature Valuemation and confirm that USU is one of the globally recognized providers in this growth market. On the basis of this portfolio, intensified internationalization is forming a further consistent strategic cornerstone of the USU Group. In the last 2 years, USU has already successfully implemented the largest European IT management projects, e.g. at Poste Italiane, Deutsche Telekom and Fiducia.

"Valuemation is now one of our top global products in the Business Service Management segment. Now is the time to make consistent use of the opportunities provided to us by the international markets. We are therefore pleased that we have gained Sven Wilms with his large expertise and demonstrable success in the international software business," stated Bernhard Oberschmidt, spokesperson for the USU AG Board of Management.

end of announcement                               euro adhoc
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Further inquiry note:

Gerick Thomas

Branche: Software
ISIN: DE000A0BVU28
WKN: A0BVU2
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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