P&I Personal & Informatik AG

EANS-News: Regular general meeting of shareholders of P&I in Wiesbaden

- Dividend payment of one euro per share - Wand and Dr. Heidel new supervisory board members - Carlyle takes over chairmanship of supervisory board

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Annual & Special Corporate Meetings

Wiesbaden (euro adhoc) - The ninth regular general meeting of shareholders of P&I Personal & Informatik AG (Prime Standard: ISIN DE 000 6913403) was held on September 1st, 2009, at the Casino-Gesellschaft in Wiesbaden with about 180 shareholders and guests in attendance. 6.2 million euros were represented: that is the equivalent of 79.9 percent of the share capital of the Wiesbaden-based company in the amount of 7.7 million euros. This means that the number of participants as well as the amount of capital that was represented was the highest ever since the IPO in 1999. Klaus C. Plönzke presided over the meeting in his capacity as Chairman of the Supervisory Board.

A dividend payment in the amount of one euro per share was decided on for utilisation of the net earnings available for distribution. The motions proposed by the management also included the election of a new member of the supervisory board as well as the extension of the share repurchase programme. Klaus C. Plönzke was relieved of his office and a replacement was subsequently elected at the initiative of a supplementary motion by Axxion S.A., Luxembourg.  Mr. Plönzke was thanked for his four years of work on the supervisory board and the support he has given the company. The executive management was issued formal approval for its actions during the business year 2008/2009 with a large majority and the supervisory board was issued formal approval almost unanimously.

Michael Wand was elected as a new member of the supervisory board. He has had over 18 years of experience as an investment banker and is a former member of P&I´s supervisory board (2004-2007). The 43-year old banker has taken over the office of Michael Plümer and represents the European Growth Fund of the new investor Carlyle, which acquired a shareholding in P&I once again in June of this year. Mr. Plümer was thanked for his two years of work.

Dr. Thomas Heidel from Bonn was also elected as a new member. Heidel is 53 years old: he is a specialist lawyer for company, tax and commercial law and does not hold an office in any other supervisory body. In the constituent assembly of the supervisory board that took place following the annual general meeting, Michael Wand was elected to the office of chairman and Robert Vinall was elected as his deputy.

The executive management can once again look back on 2008/2009 as another successful business year. In addition to another increase in turnover and profit, the position of P&I in the time management product area was expanded through the takeover of Gronemeyer GmbH from Höxter.

Braving the economic crisis with innovations: the P&I HR control centre is the latest addition to the product range. It supplies the management with all of the key figures relating to personnel aspects in an overview in graphic form, such as the development of personnel costs or fluctuation, for example. This means that trends can be recognised at an early stage, incorrect decisions can be pinpointed in good time and control measures can be initiated. Ad hoc analyses with a graphic presentation can now be prepared for the management quickly and easily at the touch of a button. In this way transparency becomes more and more important.

In spite of an economic slump in the IT industry and cost-cutting programmes by its competitors, P&I succeeded in expanding its market position in the business year 2008/2009 with 79 new customers. Vasilios Triadis perceives the growth strategy of P&I in its business model based on a large proportion of recurrent turnover, in its product portfolio, which has been enlarged by means of smaller acquisitions, and in its management approach based on a pragmatic focus, precise market analysis and rapid decisions.

The detailed results of the voting and the executive management presentation of Vasilios Triadis have been published on the homepage of P&I in the menu under Our Company / Investor Relations / Shareholders Meeting.

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ots Originaltext: P&I Personal & Informatik AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.com

Branche: Software
ISIN:      DE0006913403
WKN:        691340
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / free trade



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