Corporate | 10 February 2009 08:30
GK Software AG / Agreement/Contract
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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The issuer / publisher is solely responsible for the content of this announcement.
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Schöneck, 10 February 2009 – GK SOFTWARE AG has received an order from the
food retail company Lidl to supply its new store software for the complete
network of Lidl stores, which are spread over twenty European countries.
GK SOFTWARE AG will supply the software for the POS and background systems
in stores across Europe and the software for store management. Lidl has
been using a version of GK SOFTWARE AG’s DOS-based POS software since the
end of the 1990s. This will now be completely replaced by the modern
Java-based software, GK/Retail.
Rainer Gläß, CEO at GK SOFTWARE AG comments: 'We are very proud to have
renewed our business links with Lidl in the long term, after providing it
with services for many years. This not only demonstrates the
competitiveness of our software, but also the successful partnership that
we have maintained over the past few years.'
GK SOFTWARE AG Company Profile:
GK SOFTWARE AG is one of the leading developers and providers of standard
software for the retail sector in Europe and it provides a comprehensive
range of products for stores and enterprise headquarters. The company has
established itself as a leading technology and innovation provider on the
market by using the open software solutions provided by its GK/Retail
suite, which can be operated on any hardware platform and is completely
programmed using Java. The software allows store-based retail companies to
have access to the best possible operating organization options and as a
result they are able to exploit considerable potential for cost savings and
increase customer loyalty in order to enhance their competitiveness.
The company currently employs 199 members of staff at its headquarters in
Schöneck (D) and at four other business centers in Berlin, St. Ingbert,
Plzen (CZ), and Basel/Riehen (CH) (figure on 30 September 2008). GK
SOFTWARE AG has well-known German retailers as its customers, including
Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), ESCADA, EDEKA
Hannover-Minden, Lidl, Netto Markendiscount and Tchibo. The company’s
software is currently being used in 24 countries at approx. 55,000 POS
units in approx. 12,500 stores in Germany and abroad. The company has grown
rapidly during the last few years and its sales in 2007 totaled € 10.75
million. GK SOFTWARE AG generated EBIT of € 2.33 million (EBIT margin of
20% related to total operating performance). The two company founders and
board members, Rainer Gläß (CEO) and Stephan Kronmüller (CTO), in
conjunction with the other board members, Ronald Scholz (COO) und André
Hergert (CFO), have made GK SOFTWARE AG a profitable company with strong
growth.
Lidl Company Profile
The Lidl supermarket trading company is one of the leading brands in the
food sector and is part of the Schwarz group of companies based in
Neckarsulm (Baden-Württemberg). The company now has business operations in
more than twenty different countries at approx. 8,000 stores.
Contact details for investor relations:
cometis AG
Ulrich Wiehle
Tel: +49 (0)611-205855-11
Fax: +49 (0)611-205855-66
E-mail: wiehle@cometis.de
GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-mail: rschiller@gk-software.com
10.02.2009 Financial News transmitted by DGAP
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Language: English
Issuer: GK Software AG
Waldstr. 7
08261 Schöneck
Deutschland
Phone: 037464 - 840
Fax: 037464 - 8415
E-mail: investor-relations@gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
End of News DGAP News-Service
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