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ots Ad hoc-Service: Easy Software AG <DE0005634000> EASY SOFTWARE and Eurodata establish jointly-owned subsidiary "myEASY.de AG"

Mülheim a.d. Ruhr/Saarbrücken (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
New business area WEB-@rchiving to revolutionize DMS in the
Internet
EASY SOFTWARE AG, listed in the Neuer Markt section of the
Frankfurt stock exchange market, and eurodata GmbH & Co. KG, operator
of a major high security data processing center, have initiated the
foundation of their jointly- owned subsidiary myEASY.de AG. The
object of the new company, of which EASY and eurodata hold 51 % and
49 %, respectively, is the "WEB- @rchiving" outsourcing service which
facilitates centralized electronic and revision-proof archiving of
all types of documents and data via the Internet. Moreover, through
the portal "myEASY.de", an Internet marketplace is established for
all WEB-@rchiving users, which enables the new jointly-owned
subsidiary to engage in the additional business areas of "B2B" and
"B2C".
With this extra offer, the new company is geared towards the
50,000 existing customers of the eurodata data processing center, as
well as all companies worldwide that, due to their internal IT
structures, are bound to outsource additional crucial applications
such as DMS and electronic archiving. The main benefit for those who
take advantage of the outsourcing service lies in the fact that they
save the expenditure for hardware investments and human resources
that would be needed to maintain their own IT system. Hardware
expansions for separate optical storage systems become completely
unnecessary.
With the new subsidiary, EASY SOFTWARE AG, a fast-growing
technology corporation, gains an additional foothold in the
fast-growing Internet and e-business markets and takes up its
position in the Internet as an Application Service Provider.
The new corporation is endowed with a capital stock of DEM 1
million. The proprietors intend to list the new joint-stock company
in the stock exchange market at a later date.
For additional 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
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