• GK/Retail will be installed in approx. 1,400 Coop stores
• This underlines the successful expansion strategy being pursued by GK SOFTWARE AG

Following a comprehensive selection process, Coop, the second largest retailer group in Switzerland with annual revenues of 14.9 Swiss francs, opted for GK/Retail. Coop will equip its approx. 1,400 stores with the standard solution from GK SOFTWARE AG in future.

As a result, GK/Retail will be used in conjunction with the POS, Enterprise Store Server, Store Manager and Enterprise Cockpit modules in the following sales outlets: Coop supermarkets, Coop City department stores, TopTip/Lumimart furniture stores, Coop Bau+Hobby garden and building centres, Import Parfümerien shops, Christ Uhren & Schmuck stores and the Coop restaurants.

As part of the package, Coop will also make use of the Enterprise Store Server software, the central feature of GK SOFTWARE AG’s package. This allows the company to operate its back office services and data bases for the stores at one central location. Suse Linux Enterprise Server will be installed in the stores as the operating system.

Rainer Gläß, CEO and member of the management board at GK SOFTWARE AG says: “We are very proud to have acquired another significant European retailer, Coop, as our customer. We also view this as a confirmation of our international expansion strategy. Our technologically advanced standard solution provides ideal operating conditions and can be used with any hardware platform.”

About Coop:

Coop has approx. 2.3 million member households, making it one of the largest cooperative companies in Switzerland. Its annual revenues of 14.9 billion Swiss francs make it the second largest retail enterprise in the country. Coop has approx. 1,400 stores in various sales channels.

www.coop.ch

Company Profile

GK SOFTWARE AG is a technologically leading European solutions provider of standardized software for the retail sector. It supplies a comprehensive portfolio of products for retail stores and company headquarters. Due to the open and platform independent software solutions of GK/Retail Suite, which are fully programmed in JAVA, the company has established itself on the market as a technology and innovations leader. The software allows retail chains to optimize the company organization and to create significant potential for cost savings as well as to realize customer loyalty potential in order to increase competitiveness. The key features of the solutions are: international applicability, consistent use of open standards and SOA (Service Oriented Architecture) capability. As “GK/Retail” is genuine standard software, parameters can be used to make the necessary adjustments to meet most customer requirements. This reduces the programming effort and allows a quick project completion. At the same time, solutions for customers remain releasable and new functions can be introduced by a release change. One important component of the modular software is also the StoreWeaver integration platform, which connects all the subsystems in a retail store and also provides a powerful interface for enterprise systems like ERP or CRM solutions.

The company currently employs 166 employees at its headquarters in Schöneck and at three other business locations: Berlin, Pilsen in the Czech Republic and Basel/Riehen in Switzerland. GK SOFTWARE AG can list well-known German retail stores among its customers which include inter alia Galeria Kaufhof, Parfümerie Douglas, EDEKA Hannover-Minden, Lidl, Netto Markendiscount or Tchibo. The company’s software solutions are being used in more than 12,000 retail stores with around 50,000 installations in more than 20 countries worldwide. The company has grown quickly over the past years and its revenues reached EUR 10.7 million in 2007. The company’s earnings before interest and taxes (EBIT) amounted to EUR 2.3 million (EBIT margin of 21.7%). Since 1990, the two founders and management board members, Rainer Gläß (CEO) and Stephan Kronmüller (CTO), have formed GK SOFTWARE into a profitable and strongly growing company. They are supported by the board members Ronald Scholz (COO) and André Hergert (CFO).

For further information on the company go to: www.gk-software.de.

Disclaimer
This publication does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. No offer of securities of GK SOFTWARE AG, Schöneck, is being, or will be, made to the public outside Germany. A prospec­tive offer in Germany would be made exclusively by means of a securities pro­spectus to be published and filed with the Bundesanstalt für Finanzdienstleis­tungsaufsicht. Such securities prospectus would at the ap­propriate time made available free of charge at the offices of GK SOFTWARE AG, Schöneck, at the offices of ICF Kursmakler AG Wertpapierhandelsbank, Frankfurt, and at the Frankfurt Stock Exchange.

This publication and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of Amer­ica, Canada, Australia or Japan.

This publication does not constitute an offer for sale of any securities into the United States. Securities, including any shares of GK SOFTWARE AG, Schöneck, in the course of a prospective offer, may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as such term is defined in the Regulation S under the Securities Act of 1933 as amended (the "Securities Act")) unless they are registered under the Securities Act or exempt from registration. Neither GK SOFTWARE AG, Schöneck, nor any potential selling shareholder intend to register a prospective offer, or any part thereof, in the United States or to make a public offer of securities in the United States.

Pressekontakt:

Dr. René Schiller
Leiter Unternehmenskommunikation

GK Software AG
Friedrichstr. 204
10117 Berlin

Tel. :  037464-84264
Mobil: 0173-9513776
Fax: 037464-8415

E-Mail: rschiller@gk-software.com