P&I Personal & Informatik AG

ots Ad hoc-Service: P&I Personal & Info. AG P&l Personal & Informatik AG names 3 additional members to its Board of Director

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    Wiesbaden (ots Ad hoc-Service) -      

    Today the Wiesbaden software system house P&l Personal & Informatik AG has named 3 additions for the Board of Directors. In doing so, the contractual requirement to increase minimum number of members of this body from 3 to 6 has been satisfied. The goal of this increase, aside from the increased expertise and authoritative stance of the membership, is to assure that a flexible and competent basis for speedy decision-making is constantly available.

    The past makeup of the Board included Mr. Bernd Jacob (Chief Executive Officer of the EKK-Bank, Kassel) as financial expert, Dr. Wolfgang Metz as experienced businessman and Mr. Bernd Hentschel (Managing Director of publishing house Datakontext) - the personnel management expert - will now be supported by Mr. Michael Abels. Prof. Dr. Werner Froehlich and Dr. Martin Steinbach. They are expert form the fields of law, personnel management and finance.

    Michael Abels, 51, has been a partner of the internationally renowned law firm of Oppenhoff & Raedler, Cologne, since 1983 and is specialized in the areas of IT, high-tech and telecommunication law. Additionally he has been active in the assistant director of the Practical Group Information, Technology and Communications Law of Linklaters & Alliance, a global group of consultants, particularly in the area commercial and tax law.

    Prof. Dr. Werner Froehlich, 46, currently holds a teaching position in the area of Personnel Management and Leadership at the University TU Munich and St. Gallen and is the President of the Danube-University in KREMS; the Austrian faculty for postgraduate studies. As Managing Director of MANAGE ING Dr. Froehlich und Partner Consultants GmbH, he advises companies in all areas of personnel management.

    Dr. Martin Steinbach, 32, has been the Managing Director of the SG-Capital Gesellschaft for Consulting, Managing und Participation mbH, a subsidiary of the SGZ-Bank, since 1996. Since 1999 he has been responsible for the leadership of the department Corporate Finance of the SGZ-Bank and is Assistant Director of the Department for Corporate Banking. IPO's, private equity and mergers and acquisitions are all areas of expertise of Mr. Michael Steinbach and are under his responsibility.

    "The expansion of our Board of Directors with these experts means that a substantial amount of experience and know-how has been won and this will allow us to press forward toward reaching our corporate objectives," says Egbert Becker, Chief Executive Officer of P&l Personal & Informatik AG. "The experiences we have had with our present Board of Directors have been a collection of synergies between the initial 3 members. The 3 new members will help us even more as we expand throughout Europe!"

    The Company P&l Personal & Informatik AG is the first and only IT-stock in the area of Personnel Management and is traded in the Neuen Markt, Frankfurt, Germany. The company is the technological market leader with its family of products LOGA for standardized personnel software and is the only company that offers its program for personal services with Outsourcing via Internet.

    Additional information: P&l Personal & Informatik AG Contact: Bettina von Rebenstock Telephone: 0049 (0) 611-7147-316 Telefax: 0049 (0) 611-7147-260 E-Mail: brebenstock@pi-ag.com

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