Ad-hoc | 10 December 1998 08:32
Ad hoc-Service: BETA Systems Software AG
english
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Ad hoc-Service: BETA Systems Software AG
english
Mitteilung gemäß Paragraph 15 WpHG übermittelt von der DGAP.
Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich.
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For immediate release
BETA Systems Software AG, Berlin, December 10, 1998
BETA Systems plans acquisition of
HARBOR Systems Management, Ltd.
Highlights:
-BETA Systems Software AG signs letter of intent
to acquire HARBOR Systems Management, Ltd. (Calgary/Canada)
-Expansion of Storage Management product line on client/server
platform
Berlin, December 10, 1998. BETA Systems Software AG, Berlin,
a leading developer of innovative systems management software
products, has signed a letter of intent to acquire HARBOR Systems
Management, Ltd. (‘HARBOR’). HARBOR designs, develops and markets
distributed storage management solutions, employs around 65 people
currently and has an installed base of approximately 350 customers
worldwide. The centerpiece of HARBORs product line is a multi-tier,
multi-platform enterprise backup system that fits well with BETA Systems
strategy to expand its current storage management product line to include
decentralized data backup on an enterprise-wide scale.
Closing of the transaction is subject to, among other things, completion
of the due diligence process and approval of the HARBOR shareholders.
Company Contact:
Matthias Poth
BETA Systems Software AG
Phone:++49 30 399 26 158
Fax:++49 30 399 26 289
Alt Moabit 97 a
10559 Berlin, Germany
Internet: www.betasystems.com
Ende der Mitteilung