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Allgeier Services - Munich-based IT service companies TOPjects, Softcon and Xiopia bundle their capabilities to focus on new objectives

05/16/2012

ALLGEIER HOLDING SE / Key word(s): Strategic Company Decision16.05.2012 / 10:05———————————————————————Munich, May 16, 2012 – Allgeier-owned IT service companies TOPjects, Softconand Xiopia plan to significantly expand and enhance their service portfolio.The successful collaboration implemented for many years is to be organisedand developed under the common umbrella of a new division in future. Bybundling capabilities, a new generation of integrated IT service providerwill be created. The Allgeier Services Division will provide a comprehensiveportfolio of services from a single source covering strategic IT consulting,software development, managed services and application and infrastructureofferings. The companies aim to maintain their growth course in the newdivision and to take up a market-leading position. With around 300 employeesand a further 450 freelance specialists at twelve sites (Munich, Berlin,Hamburg, Cologne, Frankfurt, Dortmund, Nuremburg, Leipzig and Timisoara),the three companies posted revenues of around EUR 80 million in 2011.By establishing the Allgeier Services Division, Allgeier Holding SE (WKN508630 / ISIN DE0005086300) is continuing to pursue its strategy ofdivisional reorganisation of its proven services and offerings. Allgeier isthus combining the industry expertise and client proximity of medium-sizedentities with the performance levels and flexibility of a listed group. Bypursuing the strategy of greater divisional organisation, Allgeier isfocusing on growth and is at the same time able to systematically enter anddevelop key future areas. Its clients are the main driving force in thisprocess. Allgeier aims to further enhance its performance levels andexcellence to provide even better solutions to their requirements in future.The new Allgeier Services Division aims to continue its regionaldiversification and to provide flexible near-shore solutions. Above all, thescalability of service offerings is to be further improved. ‘By bundling ourresources and services, we will create a clearer structure for our extensiveportfolio and continue to develop in line with our full-service approach.Our clients will be the principal beneficiaries of these valuablesynergies’, remarked Stephan Bals, Managing Director of Xiopia GmbH.The newly devised growth strategy is based on strict sector focus andaddresses high-growth, innovative fields of technology in addition to thecore business. The new division intends to further expand its already strongmarket position in the areas of infrastructure services, softwaredevelopment, managed services, strategic IT consulting and implementation aswell as business intelligence solutions. New client acquisition in thebanking, telecommunications and automotive sectors confirm the currentstrategy.The acquisition of Skytec AG in Oberhaching at the start of the year was thefirst indication of a significant, sustainable growth trend. Skytec hassignificantly extended the new division’s service and client portfolio.Further strategic takeovers are planned in future to drive forward thedivision’s rapid expansion. Contact:Allgeier Holding SEDr. Christopher GroßeWehrlestr. 1281679 Munich Tel.: +49 (0)89/998421-0Fax: +49 (0)89/998421-11Email: ir@allgeier-holding.de Web: www.allgeier.comMunich-based Allgeier Holding SE is one of the leading consulting andservice companies in the German-speaking region. With more than 2,500employees and around 1,500 freelance IT experts, Allgeier offers itscustomers a complete service approach spanning design, implementation, andthrough to the operation of IT landscapes. Fourteen corporate units, eachwith its own specialist and sector-related focus, work together for morethan 2,000 customers from almost all sectors. Allgeier combines theexpertise and local presence of medium-sized company units with theperformance strength and flexibility of a listed company. This high-growthcompany currently operates at more than 50 sites in the German-speakingregion, and at 23 further locations in the rest of Europe, as well as inIndia, Mexico and the USA. The company is listed on the regular market ofthe Frankfurt Stock Exchange in the General Standard segment (WKN 508630 /ISIN DE0005086300). Further information is available on the company’swebsite at: www.allgeier.com.End of Corporate News———————————————————————16.05.2012 Dissemination of a Corporate News, transmitted by DGAP – acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP’s Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de———————————————————————Language: English Company: ALLGEIER HOLDING SE Wehrlestraße 12 81679 München Germany Phone: +49 (0) 89 – 99 84 21 0 Fax: +49 (0) 89 – 99 84 21 11 E-mail: info@allgeier.com Internet: http://www.allgeier.com ISIN: DE0005086300 WKN: 508630 Indices: CDAX Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ——————————————————————— 170219 16.05.2012