GK SOFTWARE AG Wins Important Order from an International Fashion Retailer

International project in more than two dozen countries

(PresseBox) ( Schöneck, 22.12.11 )

An important international fashion retailer has engaged the services of GK SOFTWARE AG to equip its stores in more than two dozen countries. The project will involve introducing new store software and central control solutions for more than 700 stores of the company. One of the major focuses of the project is the close integration of the store solutions within the central software provided by SAP.

The Management Board at GK SOFTWARE AG is not expecting the project to trigger any significant effects on sales in fiscal 2011 and is therefore continuing to stand by its current forecast for the ongoing business year.

GK SOFTWARE SE

GK SOFTWARE AG is one of the leading technology developers and providers of standard software for the retail sector in Europe and has an extensive range of products for stores and enterprise headquarters. As a result of its open software solutions in the GK/Retail Suite, which can be used with any platform and is fully programmed in Java, the company has established itself on the market as a leading provider of technology and innovations. The software provides ideal business organization for retail companies with many stores and therefore offers significant potential for cost savings and customer loyalty programs so that companies can increase their competitiveness.

The company employs 424 members of staff (figures for 30 September 2011) at company headquarters in Schöneck and four other business locations in Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can list well-known German and foreign retail companies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used in more than 30 countries at 125,000 installations in approx. 25,000 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 27.7 million in 2010. GK SOFTWARE AG achieved EBIT of EUR 6.4 million (EBIT margin of 21.7% on total operating revenue). The two founders Rainer Gläß (CEO) und Stephan Kronmüller (deputy board member), in conjunction with an experienced management team, have made GK SOFTWARE AG a profitable company with strong growth since 1990.

Further information about the company: www.gk-software.com

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