Nexus AG

ots Ad hoc-Service: Nexus AG NEXUS AG restructures Healthcare Service sector

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    Villingen-Schwenningen (ots Ad hoc-Service) -          Management Board Chairman Ralf Gropengießer buys back 146,000 shares above emission price at 31.1.2002

    The company NEXUS AG of Villingen-Schwenningen, whose stock is listed on the German Neuer Markt, is to comprehensively restructure its Healthcare Services sector. In this way NEXUS is further strengthening its main business sector 'Healthcare Software' with its electronic patient records, MedFolio, and accelerating the company's profit growth. Hence, the management hope that NEXUS will save around DM 3 million a year as a result of the restructuring. In the current business year, the measures will generate extraordinary costs of approximately DM 6 million. In addition, they will cause NEXUS to lose a turnover of approximately DM 23 million. This is however a one-off effect. By as early as next year, the effect of the restructuring on turnover will be considerably reduced. And what's more, it will enable profitability to be achieved far earlier than anticipated up to now.

    In the course of the restructuring measures, NEXUS AG has sold its 90- percent share in Forest Products & Services GmbH back to the management with effect from 1.10.2000. At the same time NEXUS has acquired 100 percent of Forest Products' IT services sector and incorporated this into three limited companies: NEXUS.IT, Nürnberg; NEXUS.IT, Hannover and NEXUS.IT, Villingen-Schwenningen. This will enable NEXUS to retain within the NEXUS group that proportion of the Forest GmbH turnover which relates to NEXUS' core business sector and to put the announced new focus into effect. NEXUS is to concentrate its group-wide IT expertise into these companies. This sector is to employ around 80 highly-qualified IT specialists from now on.

    The three NEXUS.IT companies will in future concentrate mainly on introducing nationwide IT services for NEXUS' most important software product, the electronic patient record, MedFolio, and guaranteeing the 24-hour service for hospitals.

    In the context of this restructuring, Ralf Gropengießer, Management Board Chairman of NEXUS AG, has personally acquired 146,000 shares in the company from Harald Moog with effect from 31.1.2002. The price agreed for the securities in this trade is more than the emission price at which NEXUS shares were released onto the Neuer Markt on 24 July 2000. At that time one share cost 10 Euro. On Friday Xetra trading on the shares closed at 5.75 Euro. As a result of the acquisition, Gropengießer now holds around 1.7 million of the total NEXUS shares amounting to close to 10.3 million.

    For further information:

    NEXUS AG wordstatt GmbH Carmen Stangl Dagmar Metzger Auf der Steig 6 Silberpappelstraße 7 78052 Villingen-Schwenningen 80935 Munich Tel.: +49 (0) 77 21/84 82 32 Tel.: +49 (0) 89/357 75 79-0 Fax: +49 (0) 77 21/84 82 99 Fax: +49 (0) 89/357 75 79-9

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