Softmatic AG

ots Ad hoc-Service: Softmatic AG Softmatic acquires DMS specialist CRR Datensysteme

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    Norderstedt (ots Ad hoc-Service) -  As of January 1, 2000, Softmatic AG has acquired 100% of CRR Datensysteme GmbH. With this acquisition, Softmatic is boosting its Document Management Systems (DMS) activities, which have been spun off as the autonomous Softmatic Informations Management GmbH only a few weeks ago. CRR, a specialised systems integrator for document management and archiving projects, has offices in Langenfeld, Münster and Chemnitz, employs more than 20 employees and has realised revenues of 5 million DEM in 1999.

    The acquisition was motivated by increasing demand for products and integration services for document management solutions after a successfully mastered Y2K problem and successful introduction of the Euro. This demand particularly relates to the interface with Softmatics ERP standard software SQLblending. The software interface for the integration of SQLblending has already been released in autumn 1999. The transaction is financed partly through cash and partly through capital stock already authorised for issue in exchange for a contribution in kind. With the acquisition, Softmatic further increases its continuing earnings oriented growth of its DMS segment. The know how portfolio of Softmatic Informations Management GmbH will be ideally complemented. Further, Softmatics DMS segment is now presented in 6 offices all across Germany. High synergy effects can be expected because the product portfolios as well as the sales channels of the two companies complement each other. Further to its know how in realising projects with Lotus Notes, CCR adds its own product Office Orderly (a fully automated, electronic filing system for archiving Lotus Notes Mails) to the DMS product portfolio. CRRs numerous large customers include the Bayer AG. CRRs know how in the area of process documentation perfectly meets the demands of Softmatics core clientele of medium sized companies in the process industry. In this segment, with its ERP standard software SQLblending, Softmatic is now occupying a leading position in Germany, which is currently extended into Europe.

    Further information: Kay Bommer, Tel.: 49 / 40 / 52844 212, email:

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