CompuGroup Medical AG

EANS-News: CompuGroup Medical acquires remaining share of Profdoc Care

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Mergers - Acquisitions - Takeovers

Koblenz (euro adhoc) - November 22, 2010: CompuGroup Medical, the global eHealth company, has strengthened its position in Sweden by acquiring the remaining 49% share in Profdoc Care AB from Omnison AB, taking its holding in the Swedish company to 100% in November.

Profdoc Care develops the eHealth solution TakeCare which today is installed at Karolinska University Hospital, one of Scandinavia´s premier health facilities and 5 other hospitals in Stockholm as well as it is currently being rolled out to the primary care of the region. The solution implemented, in and around Stockholm, is one of the world´s largest eHealth installations with more than 30,000 users and 2,300,000 patient records in one system and one database. TakeCare will be an integrated part of CGMs Hospital solutions that are marketed and sold worldwide.

Henrik Crüger, Senior Vice-President, CompuGroup Medical Northern Europe, said: "Over the recent years we have consolidated our position in the Swedish market. By acquiring the remaining share of Profdoc Care, we are now ready to take on the Swedish market as a stronger player in all aspects of eHealth solutions - including national projects."

Profdoc Care will become fully integrated in CompuGroup Medical Sweden, which makes it one of the largest vendors of IT-solutions for healthcare in Sweden. General Manager at Profdoc Care, Martin Williamson will enter the executive management team at CGM Sweden. Martin Williamson will hereby, from a product perspective, ensure that CGM customers in Sweden benefits from having a vendor with market leading products and expert competencies.

Frank Gotthardt, Chief Executive Officer at CompuGroup Medical, stated: "We see huge opportunities in combining our Swedish and international efforts through a stronger and more holistic unit. We believe that by doing so, we can serve our customers even better through new and unique value added solutions that will help increase the quality of the healthcare sector. This will benefit the healthcare professionals and ultimately the patients."

About CompuGroup Medical AG CompuGroup Medical is one of the leading e-health companies worldwide. Its software products, designed to support all medical and organizational activities in doctors´ offices and hospitals, its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. The services of CompuGroup Medical are based on its unique customer base of around 370,000 doctors, dentists, hospitals and networks as well as other service providers. CompuGroup Medical is the e-Health company with one of the biggest coverage among e-health service providers worldwide. The company operates in 14 European countries as well as in Malaysia, Saudi Arabia, South Africa and in the USA and currently employs around 3,100 people.

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Further inquiry note: CompuGroup Medical AG Barbara Müller Consultant Press & Media P +49 (0) 261 8000-1293 F +49 (0) 261 8000-3284 E-Mail: press@cgm.com

Branche: Software
ISIN:      DE0005437305
WKN:        543730
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



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