Pironet NDH AG: PIRONET NDH has sold agentes AG

Pironet NDH AG: PIRONET NDH has sold agentes AG

ID: 33687

(firmenpresse) - Pironet NDH AG / Key word(s): Enterprise/
Pironet NDH AG: PIRONET NDH has sold agentes AG

DGAP-Media / 01.04.2011 / 10:37

Press Release

PIRONET NDH has sold agentes AG

Cologne, 1 April 2011 - In the wake of its announced strategic measures to
enhance the income and accordingly to secure the liquidity situation as the
ad hoc release from March 25th proffered the possibility PIRONET NDH Group
sold the agentes AG within an asset deal successfully. Purchaser of the
entire business operations of agentes AG is the current management.

The company which is specialized in IT services for the financial sector
and which effectuated significant operating losses was sold for a purchase
price of 1 EUR plus an earn-out in dependence of a 3-year EBIT - which will
have an effect in 2012 after the end of the current corporate
restructuring. In this context the PIRONET NDH Group grants liquidity
assistance supporting the business continuation. Until its sale agentes AG
was an essential part of the segment Finance IT Services, which will be
accounted for as discontinued operations at the end of fiscal year 2010.

The Management Board

About Pironet NDH
PIRONET NDH AG offers the market a unique portfolio of solutions for
handling digital content and data. This includes consultancy, software,
integration and outsourcing services. PIRONET NDH AG is a corporate group
that brings together four companies specializing in the different business
areas ICT outsourcing, consulting and design, content management solutions
as well as IT-solutions for the retail/CPG industry. PIRONET NDH AG was
founded in 1995 and is based in Cologne. Since 2000, it has been listed on
the German stock exchange. The Group of companies employs more than 400
people working in 20 different countries and posted sales figures of around
55 million euros in the last financial year (2010).





Contact
PIRONET NDH
Investor Relations
Von-der-Wettern-Straße 27
D-51149 Cologne
Phone: +49.2203.935 30-3951
Fax: +49.2203.935 30-3959
e-mail: ir(at)pironet-ndh.com


End of Media Release

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01.04.2011 Dissemination of a Press Release, 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: Pironet NDH AG
Von-der-Wettern Str. 27
51149 Köln
Deutschland
Phone: +49 (0)220 393530 - 3951
Fax: +49 (0)220 393530 - 3959
E-mail: ir(at)pironet-ndh.com
Internet: www.pironet-ndh.com
ISIN: DE0006916406
WKN: 691640
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart


End of News DGAP-Media
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118069 01.04.2011

Unternehmensinformation / Kurzprofil:
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Bereitgestellt von Benutzer: EquityStory
Datum: 01.04.2011 - 10:37 Uhr
Sprache: Deutsch
News-ID 33687
Anzahl Zeichen: 0

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