Gedys Internet Products AG

euro adhoc: GEDYS Internet Products AG
GEDYS PARTNERS WITH MINDCOM IN THE NORDICS (E)

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7th August 2002, Braunschweig, Germany:

GEDYS Internet Products AG has signed a memorandum of understanding to create a partnership agreement with MindCom A/S, the Danish subsidiary of IT consultancy group MindCom AB. Under the agreement, MindCom will run GEDYS operations in the Nordics and have responsibility for the employees, projects, customers and software products of GEDYS Denmark A/S. This will not only strengthen the position of the GEDYS brand in the Nordics, but also increase licence sales opportunities through MindCom's extensive consultancy operations. The new agreement continues the GEDYS Board’s committment towards delivering GEDYS software licence sales and services through the channel. The final documents are expected to be signed shortly.

end of announcement            euro adhoc 08.08.2002
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Further inquiry note: Oliver Dehning Tel.: +49(0) 531 2344 520 email: odehning@gedys.com

Branche: Software
ISIN:      DE0005273007
WKN:        527300
Index:    NM Internet
Börsen:  Baden-Württembergische Wertpapierbörse / free trade
              Berliner Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Hamburger Wertpapierbörse / free trade
              Niedersächsische Börse zu Hannover / free trade
              Frankfurter Wertpapierbörse / regulated dealing



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