Ad-hoc | 7 January 1999 09:03


Ad hoc-Service: BETA Systems Software AG engl

Mitteilung gemäß Paragraph 15 WpHG übermittelt von der DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— For immediate release BETA Systems Software AG, Berlin, January 7, 1999 BETA Systems completes acquisition of HARBOR Systems Management, Ltd. Highlights: -BETA Systems moves into distributed storage management arena -Acquisition accelerates participation in fast-growing UNIX and Microsoft NT markets -New distributed product offerings in Enterprise Document, Security and Process Management BETA Systems Software AG, Berlin, a leading developer of innovative systems management software products, completed the acquisition of HARBOR Systems Management, Ltd. (“HARBOR”) on December 31, 1998. HARBOR will operate as a new subsidiary under the name BETA Systems of Canada, Ltd. The cost of the acquisition, including performance-related compensations, is approximately DM 33 million. Certain charges associated with the acquisition, primarily related to in-process research and development, will be accounted for in 1998. HARBOR, provides solutions for distributed storage management, currently employs 65 people and has an installed base of over 350 customers worldwide. HARBOR solutions integrate the UNIX and NT processing platforms with the OS/390 host as well as operating on a stand-alone basis. The centerpiece of HARBOR’s product line, HARBOR Network Storage Manager (NSM), is a multi-tier, multi-platform enterprise backup system. Such systems meet an urgent market need for storing data from distributed applications such as SAP R/3, Lotus Notes, Oracle and Microsoft Exchange. With products such as HARBOR NSM, BETA Systems can offer a seamless product line to its traditional customer base as well as to a new set of clients. The acquisition of HARBOR fits well with BETA Systems’ strategy to expand its current Storage Management product line to include storage products for distributed systems. BETA Systems also has enterprise applications for its Document, Security and Process Management product offerings. Recently announced partnerships with NorCom and QMaster Solutions move BETA Systems into the market for distributed systems management in all three of these areas. “The acquisition of HARBOR combined with the previously announced cooperation agreements with QMaster and NorCom clearly signals the extension of our systems management expertise to decentralized platforms and positions us to benefit from the fast-growing UNIX and NT markets,” said Christiane Hotz-Firlus, Chief Financial Officer of BETA Systems. “We are pleased to consumate the transaction in an expeditious manner and see great potential in the integration of the two companies.” “By partnering with BETA Systems, we are furthering our strategy for market growth by having access to a well-established direct sales force. We believe BETA’s position in the market will help broaden our product and service offerings for new and existing customers,” said Ben Dulley, President and CEO of the new BETA Systems of Canada, Ltd. “We believe the combination of BETA Systems and HARBOR provides an opportunity to take a leadership position in the emerging distributed storage management arena, as well as leverage both companies’ historical strengths with enterprise systems.” Company Contact: Matthias Poth Manager Investor Relations 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