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Wincor Nixdorf collaborates with Hamburger Sparkasse and Sparkasse Bremen to found a joint venture for their IT operations - with the spotlight on third-party customers

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
31.08.2005
Paderborn/Hamburg/Bremen, August 31, 2005. Wincor Nixdorf has joined
with two large savings banks, Hamburger Sparkasse (Haspa) and
Sparkasse Bremen, as the majority stakeholder in a joint venture to
which the savings banks have outsourced wide parts of the management
of their IT operations. The newly founded company, Wincor Nixdorf
Portavis GmbH, to be headquartered in Hamburg, is 51%-owned by Wincor
Nixdorf, with Haspa Finanzholding enjoying a 38% stake, and Sparkasse
Bremen an 11% holding. Its business model consists of a services
portfolio based on the expertise of all the partners involved that
will also be used to serve third-party customers, thus increasing the
new company’s entrepreneurial success.  Start of operations on
October 1, 2005 will see a total of 130 employees - 90 from Haspa, 30
from Sparkasse Bremen and 10 from Wincor Nixdorf - moving across to
work for Wincor Nixdorf Portavis. To mark the business launch on
October 1, 2005, 130 employees will move from the companies involved
and start work with Wincor Nixdorf Portavis. The new company will
take off with a revenue volume of 240 million euros forecast for a
minimum term of seven years. This document contains forward-looking
statements that are based on current estimates and assumptions made
by the management of Wincor Nixdorf AG to the best of its knowledge.
Such forward-looking statements are subject to risks and
uncertainties, the non-occurrence or occurrence of which could cause
the actual results - including the financial condition and
profitability of Wincor Nixdorf - to differ materially from or be
more negative than those expressed or implied by such forward-looking
statements. This also applies to the forward-looking estimates and
forecasts derived from third-party studies. Consequently, neither the
Company nor its management can give any assurance regarding the
future accuracy of the opinions set forth in this document or the
actual occurrence of the predicted developments.
end of announcement                               euro adhoc 31.08.2005 20:40:42

Further inquiry note:

Andreas Bruck
Tel.: +49 (0)5251 693 5200
E-Mail: andreas.bruck@wincor-nixdorf.com

Branche: Computing & Information Technology
ISIN: DE000A0CAYB2
WKN: A0CAYB
Index: Prime Standard, Prime All Share
Börsen: Berliner Wertpapierbörse / 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
Bremer Wertpapierbörse (BWB) / free trade
Frankfurter Wertpapierbörse / official dealing

Plus de actualités: WINCOR NIXDORF Aktiengesellschaft
Plus de actualités: WINCOR NIXDORF Aktiengesellschaft