itelligence AG

ots Ad hoc-Service: itelligence AG itelligence acquires one of the biggest SAP and e-business providers in Spain and Portugal

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      Frankfurt (ots Ad hoc-Service) - Neuer Markt-listed itelligence
AG has acquired Sapryma S.L. with 120 employees and branches in
Madrid, Lisbon, Barcelona, Bilbao, Seville and Saragossa, Sapryma
S.L. is one of the biggest SAP and e-business consultancies in Spain
and Portugal. The acquisition gives itelligence a presence in all
centres of the Iberian peninsula - currently Europe's fastest growing
region. Apart from major Spanish and Portuguese companies, the new
itelligence subsidiary serves international customers such as Bosch,
Henkel, Freudenberg and Alstom.

    With now over 1,300 employees at 43 locations in 18 industrialized countries, itelligence is a leading international e-business integrator. The company will use its strong position in Spain and Portugal as a strategic basis for the systematic expansion of its global network to South America. Investments in its internationalization strategy will enable itelligence to roll out its proprietary industry solutions (e-business and full-service ERP solutions for the service, mechanical engineering and retail sector) throughout the world. Furthermore, they will allow itelligence to support its customers' international expansion, to network its subsidiaries and business partners around the world and to push ahead the digital integration of business processes.

    About itelligence AG: itelligence AG is the result of the merger between SVC AG and APCON AG. The company offers its customers intelligent full-service solutions, from fundamental business consulting and web strategy advice to comprehensive IT development, ERP integration and creative web design. The company has a large customer base comprising over 550 SMEs and 160 major corporations including Ericsson, TUI, Lufthansa, IBM and DaimlerChrysler Aerospace. itelligence AG (Securities Code Number 730040) was floated on the Neuer Markt on September 4.

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