DGAP-News: GK Software AG: GK SOFTWARE AG wins new orders from Saudi Arabia and Germany
(firmenpresse) - DGAP-News: GK Software AG / Key word(s): Incoming Orders
GK Software AG: GK SOFTWARE AG wins new orders from Saudi Arabia and
Germany
24.10.2012 / 10:31
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- SAP's first sale of GK SOFTWARE AG solutions in the Arabian Peninsula
- New POS project for leading German specialist retail chain
Schöneck, 24. October 2012 - The Saudi Arabian Al Muhaidib Group has signed
a contract with SAP for the purchase of SAP Point-of-Sale by GK and SAP
Offline Mobile Store by GK for use in its retail outlets for building
materials and metals. GK SOFTWARE AG will handle the implementation of the
new solution, which will be installed in approximately 180 branches in
Saudi Arabia and the GCC countries (Bahrain, Kuwait, Oman, Qatar and the
United Arab Emirates). For SAP, this deal marks its first customer for GK
SOFTWARE AG solutions in a growth region outside of Europe, just six months
after obtaining the rights to sell three of the company's solutions in
EMEA.
A second new project will involve the company supplying a new POS solution
to Hammer Heimtex, Germany's largest specialist retailer for home textiles
with some 170 stores nationwide.
It has been agreed with the customers that details of the size of the
projects will remain confidential.
Company profile of GK SOFTWARE AG:
GK SOFTWARE AG is one of Europe's leading technology developers and
providers of standard software for the retail sector, and offers an
extensive range of products for stores and enterprise headquarters. Thanks
to 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 as one of the retail market's leading providers of
technology and innovations. Its software enables retail chains with
numerous stores to optimally manage their business operations, offering
them significant potential for saving costs and implementing customer
loyalty programs and hence helping them to improve their competitiveness.
The company employs 428 members of staff (figures for 31 December 2011)
across its headquarters in Schöneck (Germany) and five other business
locations in Berlin, St. Ingbert, Cologne, Plzen (CZ) and Basel/Riehen
(CH). GK SOFTWARE AG's customers include many well-known retailers from
both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas,
Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto
Marken-Discount and Tchibo. The software is currently being used at 140,000
installations across approximately 27,500 stores in more than 30 countries.
The company has grown rapidly in recent years and its sales revenues
totaled EUR 31.8 million in 2011. GK SOFTWARE AG achieved EBIT of EUR 6.65
million (EBIT margin of 21.0% on sales). Since launching the company in
1990, the two founders Rainer Gläß(CEO) and Stephan Kronmüller (deputy
board member), together with the experienced management team, have shaped
GK SOFTWARE AG into a profitable company exhibiting strong growth.
Further information about the company: www.gk-software.com
Contact:
Investor Relations
GK SOFTWARE AG
Dr. RenéSchiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-Mail: rschiller(at)gk-software.com
End of Corporate News
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24.10.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: GK Software AG
Waldstraße 7
08261 Schöneck
Germany
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: info(at)gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, München, Stuttgart
End of News DGAP News-Service
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189953 24.10.2012
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Datum: 24.10.2012 - 10:31 Uhr
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News-ID 195559
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