P&I Personal & Informatik AG

euro adhoc: P&I Personal & Informatik AG
Mergers - Acquisitions - Takeovers / P&I to take over KSL

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 08.12.2006 With effect as of January 1st 2007, P&I AG will be taking over the company KSL Gesellschaft für kommunale Informationssysteme mbH in Zweibrücken. KSL is a supplier of personnel software for the public administration sector and has approx. 300 customers. All of the KSL employees will be taken over by P&I. The managing partner - Dieter Hoffmann - will serve P&I in the capacity of a consultant for a transitional period until he retires. P&I will be reinforcing its competence in the public sector as a result of the takeover of KSL, the customers of which are municipalities and counties. With many hundreds of customers in this market segment alone, the company is already one of the leading suppliers of human resource management software and will be able to ensure the further development of BAGE2000®, the payroll accounting software of KSL. end of announcement euro adhoc 08.12.2006 11:52:31 -------------------------------------------------------------------------------- ots Originaltext: P&I Personal & Informatik AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Andreas Granderath Telefon: +49(0)611 7147 267 E-Mail: agranderath@pi-ag.com Branche: Software ISIN: DE0006913403 WKN: 691340 Index: CDAX, Prime All Share, Technologie All Share Börsen: Frankfurter Wertpapierbörse / regulated dealing Börse Berlin-Bremen / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Niedersächsische Börse zu Hannover / free trade Bayerische Börse / free trade

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