Gauss Interprise AG
Gauss Interprise AG english
Management Buy Out of Gauss Interprise Consulting AG
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Management Buy Out of Gauss Interprise Consulting AG
. Concentration on the international product business
. Signing of the contract on Oct., 26, 2001 with a sale price of Euro 9.1
million
. Continous development of the consulting unit secured
Hamburg, Oct. 26, 2001 – Gauss Interprise AG (WKN: 507460 und 799 872) signed a
contract with evodion AG about the sale of all shares of Gauss Interprise
Consulting AG. The purchaser is led by members of the management of Gauss
Interprise Consulting AG. Juergen Dreckmann, Chief Operating Officer of
Consulting of Gauss Interprise AG, is resigning from the Executive Board of the
Gauss Interprise AG today. He remains Chief Executive Officer of Gauss
Interprise Consulting AG.
The volume of this transaction amounts to Euro 9.1 million. The extraordinary
general shareholder meeting, planned for December 17, 2001 will resolve on the
approval of this contract. The Group will repay bank liablities. Thus the Gauss
Interprise Group will have written off nearly all outstanding debts.
This sale is part of the concentration on the international product business and
of the extensive positioning as a global acting provider of Enterprise Content
Management software.
Gauss Interprise Consulting AG, which will operate under the name ‘evodion
Information Technologies’ starting in the beginning of 2002, remains partner,
supporting the sales and the implementation of Gauss’ Enterprise Content
Management product VIP Enterprise 8.
This management buy out transaction establishes an ideal framework for Gauss
Interprise Consulting AG to move forward with their strategy of providing
services with a high level of quality and customer satisfaction. (Contact:
Verena v. Gehlen, verena.gehlen@gaussvip.com, Fon: +4940/32501589,
Fax:+4940/3250191589)
end of ad-hoc-announcement (c)DGAP 26.10.2001
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WKN: 507460; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
261635 Okt 01
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