Realtime Technology AG: RTT announces Change to the Managing Board effective as of January 1, 2013

Realtime Technology AG  / Key word(s): Change of Personnel

06.07.2012 17:32

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CORPORATE NEWS 04/2012

RTT announces Change to the Managing Board effective as of January 1, 2013

Munich, July 6, 2012 - Today, Realtime Technology AG (RTT) (ticker symbol:
R1T) announced the withdrawal of Co-Founder Christoph Karrasch from the
operational business. On December 31, 2012, Karrasch will transfer his
tasks as a Board Member with responsibility for Sales in the Asia-Pacific
economic region (APAC) and the industries Fashion, Sporting Goods & Luxury
to Roberto Schettler and resign from the board; he then will be available
to RTT in an advisory role.

The background for this step is personal in nature. In 1999, Karrasch
founded the company together with Ludwig A. Fuchs and helped to
significantly shape it over thirteen years. Karrasch managed the whole
Sales structure until Roberto Schettler's appointment to the board in
August 2010. In the last two years, he especially promoted expansion into
Asia and into new industries.

Schettler's area of responsibility, which previously included Sales Europe
& Global Accounts as well as Professional Solutions, will as of January 1,
2013, be expanded in a scheduled manner to include overall sales
management. Schettler had previously counseled the company since 2006 as a
member of the Supervisory Board. Ludwig Fuchs will continue to be
responsible for the areas of Finance, Research & Development, Content
Production, Marketing, Sales Americas, Personnel and Central Services in a
proven manner.

'I am convinced that RTT is extremely well equipped under the leadership of
my esteemed colleagues Ludwig Fuchs and Roberto Schettler, to continue its
growth in established as well as new industries and regions. RTT has far
from exhausted its potential and will continue to promote the strategic and
creative application possibilities of 3D visualization in the future as an
international market leader,' says Christoph Karrasch as he confirms his
decision.

Since its foundation in 1999, RTT has written a success story. The company
started as a software provider with a few employees in Munich and in
thirteen years has developed into a global player with fourteen locations
in key target markets. The Initial Public Offering (IPO) took place in
2005. In the area of professional 3D visualization, RTT today is, with its
unique portfolio of services, an established partner of the major
manufacturers in the automotive, aerospace and consumer goods industries.

About RTT 
RTT is the leading, one-stop-provider of high-end software, consulting and
creative services in professional, 3D visualization. As a strategic
partner, RTT offers sustainable, effective and seamless process support
across the entire product lifecycle with its holistic approach. As a
result, products are developed faster and more cost-effectively while
time-to-market is significantly reduced. Through creative, photorealistic
CGI implementations RTT enables innovative sales and marketing advantages
and new dimensions of emotional brand staging. The Group's customer-base
includes companies like Adidas, Audi, BMW, EADS, Electrolux, Ferrari,
General Motors, Harley-Davidson, Porsche, The North Face and Volkswagen.
RTT AG was founded 1999 in Munich and is listed on the Frankfurt Stock
Exchange (R1T; ISIN: DE0007012205) with 534 employees at 14 offices
worldwide. For more information, visit www.rtt.ag.

Contact

RTT AG 
Nina Rist
Tel:    +49 (0)89 200 275 2756
E-Mail:  nina.rist@rtt.ag


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