Over the past years, GK SOFTWARE AG has been able to establish itself on the retail software market in Germany as a technology and innovations leader. This was owed to its comprehensive and integrated solutions for retail stores and company headquarters. Customers of GK SOFTWARE AG are well-known German retail chains in Germany and abroad which include inter alia Galeria Kaufhof, Parfümerie Douglas, EDEKA Hannover-Minden, 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’s revenues reached EUR 10.8 million in 2007. The company’s earnings before interest and taxes (EBIT) amounted to EUR 2.3 million, which corresponds to an EBIT margin of 21.5%. The dynamic growth in revenues and earnings over the past years has largely been due to the success of the “GK/Retail” suite, which allows modern store management.

The current management board members, Rainer Gläß (CEO) and Stephan Kronmüller (CTO), founded GK SOFTWARE AG in 1990. Since this time the company has successfully grown and has established itself at four business locations in Europe with 166 employees. “Our top technology enabled us to play a leading role as a software provider for retail stores in a very short time, particularly in Germany,” says CEO Rainer Gläß. “This makes us ideally equipped to also succeed internationally. Retail companies around the globe are investing more in technology in order to make better use of customer potential, optimize processes and support international expansion. GK SOFTWARE AG provides solutions to match this trend.” Experts (PAC and EHI Retail Institute studies 2007) are predicting a strong rise in IT expenditures in the retail sector on the German and US markets until 2011. Rainer Gläß says: “This opens up huge growth potential for us, which we want to systematically make use of based on our planned IPO!” The planned transaction is supported by ICF Kursmakler AG Wertpapierhandelsbank.

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 in the Vogtland region in Germany 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 10.8 million in 2007. The company’s earnings before interest and taxes (EBIT) amounted to EUR 2.3 million (EBIT margin of 21.5%). 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).


Investor Relations Contact Details:

cometis AG
Ulrich Wiehle
Tel.: +49 (0)611-205855-11
Fax: +49 (0)611-205855-66
E-mail: wiehle@cometis.de



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.