DGAP-News: GFT Technologies AG appoints Jean-François Bodin to its Executive Board

DGAP-News: GFT Technologies AG appoints Jean-François Bodin to its Executive Board

ID: 33162

(firmenpresse) - DGAP-News: GFT Technologies AG / Key word(s): Change of Personnel
GFT Technologies AG appoints Jean-François Bodin to its Executive
Board

08.02.2011 / 11:17

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Additional board member underlines international growth strategy of GFT
Technologies AG

Stuttgart, 08 February 2011 - The Supervisory Board of GFT Technologies AG
(GFT) has adopted a resolution to appoint Jean-François Bodin to the
company's Executive Board. The internationally experienced manager has been
responsible for GFT's Resourcing division since 2006 and will continue to
drive the development of this business segment at Board level. 'The GFT
Group has enjoyed encouraging growth over the past few years. By
strengthening our Executive Board with an additional member and extra
expertise, we aim to lay the foundation for further sustainable growth and
enhance our global positioning,' states GFT's CEO Ulrich Dietz.

Jean-François Bodin began his career with Sage Group plc and was then
appointed Sales Director by the Dutch group Randstad before joining the
Parity Group in 2000. Since 2006, Jean-François Bodin has been responsible
for GFT's Resourcing division, which he has successfully developed over the
past few years. He led the segment's expansion into the UK and Switzerland
and considerably strengthened GFT's position on the German and French
markets. As a member of the Executive Board, Jean-François Bodin will step
up the Resourcing division's international expansion.

Franz Niedermaier, Chairman of the Supervisory Board of GFT Technologies
AG, states: 'With his outstanding expertise and the respect he enjoys among
our clients and employees, Jean-François Bodin is ideally suited for a seat
on the GFT Executive Board.'

The expansion of its Executive Board reflects the GFT Group's positioning




as an integrated global IT service provider with its growth segments
Services and Resourcing. 'We see tremendous potential in the placement of
freelance IT specialists and engineers. Surveys show that the global demand
for highly skilled IT experts and engineers will continue to grow. At the
same time, companies must become more flexible with regard to manpower
planning and know-how. Both these trends will significantly enhance growth
in this business over the coming years,' explains CEO Ulrich Dietz.

'In addition to the logistics sector, both the telecommunications industry
and the financial services sector rely heavily on the use of external IT
specialists combining technical and functional expertise. Demand is
particularly strong for specialist knowledge in the fields of IT Security
and SAP. Our centres of excellence in specific fields of technology are
designed to meet these market needs and increase our customers' agility.
They enable us to swiftly provide clients with know-how tailored exactly to
their current needs. Our objective: to attract the best international staff
for the best projects,' says Jean-François Bodin.

The appointment of Jean-François Bodin to GFT's Executive Board will not
affect the remaining responsibilities of the other Executive Board members:
as CEO, Ulrich Dietz is responsible for the corporate divisions Strategy,
Marketing, Media and Investor Relations. The Chief Operating Officer,
Marika Lulay, will continue to head the Services division. Dr. Jochen Ruetz
(Chief Financial Officer) is responsible for the corporate divisions
Finance, HR, Internal Audit, Legal Affairs, Purchasing and Internal IT. The
appointment of Jean-François Bodin is expected to be effective as of 1
March 2011.

About GFT:

The GFT Group, headquartered in Germany, is an international provider of
innovative IT solutions and services. As a strategic IT partner, GFT
supports its clients in the optimisation of their business processes
through intelligent IT systems and specialists and thus sustainably
improves their competitive positions.

GFT is among the world's leading IT service providers in the financial
services sector. The company combines established technology experience
with a wide range of industry expertise, in order to develop, implement and
maintain customised IT solutions (Services division).

GFT recruits and places IT freelancers across a range of industries and
locations. It also oversees the complete management package for its
clients. The basis for this is a worldwide reserve of experts, consisting
of over 180,000 freelance IT specialists (Resourcing division).

Ulrich Dietz founded GFT in 1987 and is now CEO and principal shareholder
of the Group which, in 2009, achieved revenues of around 217 million EUR.
It has more than 1,200 employees at locations in seven countries. GFT
shares are listed on the Frankfurt Stock Exchange (Prime Standard: WKN 580
060, GEX).

Contact:
Andrea Wlcek
Director Global Marketing, Media&Investor Relations
GFT Technologies AG
Filderhauptstraße 142
70599 Stuttgart
T +49 711 62042-440
F +49 711 62042-301
andrea.wlcek(at)gft.com
www.gft.com


End of Corporate News

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08.02.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company 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

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Language: English
Company: GFT Technologies AG
Filderhauptstr. 142
70599 Stuttgart
Deutschland
Phone: +49 (0)711/62042-0
Fax: +49 (0)711/62042-301
E-mail: Investor-Relations(at)gft.com
Internet: www.gft.com
ISIN: DE0005800601
WKN: 580060
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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111410 08.02.2011

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Datum: 08.02.2011 - 11:17 Uhr
Sprache: Deutsch
News-ID 33162
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