08/02/2011

Munich-based Allgeier Holding AG (ISIN: DE0005086300; WKN 508630) today signed an agreement with the shareholders of IT solution provider GEMED Gesellschaft für medizinisches Datenmanagement mbH, with its headquarters in Ulm, Germany, to acquire all the shares in the company. The transfer of shares (closing) is dependent on compliance with the usual contractual terms and is expected to be completed within the next few days.

Leading IT solution provider for the healthcare market

Through this acquisition of GEMED, Allgeier Group is further strengthening their service portfolio and opening up new prospects. GEMED, which was established in 1995, develops, produces and implements modular ‘Picture Archiving and Communication Systems’ (PACS) which are used in hospitals, radiology units and orthopaedic centres. With over 500 systems installed in Germany and Switzerland, GEMED is a leading speciality supplier.

By joining Allgeier Group, GEMED is gaining access to Allgeier’s large customer base, and will therefore be able to substantially extend their range of services. The current owners of GEMED will serve as managing directors in the future.

Extension of the healthcare business

Allgeier already serves some 100 hospitals and medical care centres in Germany, Austria and Switzerland with IT infrastructure service and IT security products. Allgeier’s document management software Scanview(R) is used in more than 40 clinics in Germany. With a customer base of some 200 clinics, it is the market leading solution in Belgium and the Netherlands. What is more, Allgeier’s ‘Medical Viewer’ is an innovative concept for electronic patient records.

Combined with GEMED’s knowledge and solutions, Allgeier will round off the portfolio they offer to the healthcare market, putting them in a position to act as a full service provider for clinics.

About Allgeier:
Allgeier Holding AG, with its headquarters in Munich, is one of the leading IT consultancy and service companies in the German-speaking countries. With their IT Solutions, IT Services & Recruitment and Project Solutions units, Allgeier offers a comprehensive range of services from the initial concept through implementation to the operation of IT landscapes. Allgeier Group has 17 operational subsidiaries with over 2,100 employees as well as more than 1,400 freelance experts serving some 3,000 customers in virtually every area of the economy. In Germany, the Group runs 52 subsidiaries as well as 25 offices in Belgium, France, the Netherlands, Austria, Romania, Sweden, Switzerland, the Czech Republic, India, Mexico and the United States. During the 2010 financial year, Allgeier achieved sales of EUR 308.7 million. According to Lünendonk’s market segment survey in 2010, Allgeier ranks no. 2 among the medium-sized IT service companies and no. 2 among IT recruitment companies in Germany. The company is listed on the official market (General Standard) at the Frankfurt Stock Exchange.

Contact:
Allgeier Holding AG
Dr. Holger von Daniels
Member of the Board
Wehrlestr. 12
81679 Munich, Germany
Telephone: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com

About GEMED
For more than 15 years, GEMED mbH has been active in the field of processing and archiving medical data and is today a successful RIS/PACS provider for established radiology units and hospitals across Europe. Thanks to their team of experienced technicians and software engineers, the functional scope of the existing GEMED RIS/PACS systems is being constantly enhanced, adopting the latest technical developments, which are implemented in an IHE compliant manner. Based on modular system architecture, GEMED-RIS und GEMED-PACS is scalable and can be ideally adjusted to meet customers’ requirements, from basic solutions to enterprise versions and multi-client, multi-site ready solutions for associations of clinics. The company, which has its headquarters in Ulm, has an office at Freiburg and employs some 20 highly-qualified staff.

Contact
GEMED mbH
Wolfgang Schmezer
Managing Director
Ortsstraße 56
89081 Ulm, Germany
Telephone: +49 (0)7304/91916-0
E-mail: w.schmezer@gemed.de
Web: www.gemed.de

End of Corporate News