P&I Personal & Informatik AG

EANS-News: P&I AG's AGM ratified all of the submitted motions

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Annual & Special Corporate Meetings

Wiesbaden (euro adhoc) - -   Approval of the resolutions submitted by the

-   Compensation payment amounting to 1.55 euros per share
-   The Board of Directors and Supervisory Board were discharged accordingly
-   Announcement of a further software development

P&I Personal & Informatik AG's (Prime standard: ISIN DE 000 6913403) twelfth AGM
was held on September 4, 2012 at the Wiesbadener Casino-Gesellschaft and around
50 shareholders and guests attended it. They represented 6.8 million euros or
87.9 per cent of the Wiesbaden Company's capital stock of 7.7 million euros.
Consequently, the amount of capital represented there was once again the highest
recorded since the listing on the stock exchange in 1999 and as in the previous
year the meeting was chaired by Thomas Volk, the Chairman of the Supervisory

The annual net profit shown in the annual financial statement that was prepared
for P&I AG in accordance with commercial legislation for fiscal 2011/2012 has
been ceded to Argon GmbH in compliance with the controlling and profit transfer
agreement. Argon GmbH will pay the outside shareholders of P&I AG a compensation
payment amounting to 1.55 euros net per P&I share.

The two sitting members of the Board of Directors, Vasilios Triadis and Dr. Erik
Massmann, were discharged by a majority vote. The sitting members of the
Supervisory Board, who are the Chairman, Thomas Volk as well as Michael Wand and
Dr. Thomas Dippel, were also discharged by a majority vote.

In his presentation, the Chairman of the Board of Directors, Vasilios Triadis,
referred to the changes in consumer behavior and customer components and
decision-making processes are also involved with these changes. The
sustainability of companies can be mainly attributed to the implementation of
knowledge in the product and business processes and P&I has already profited
from this during the fiscal year that has just ended.

The Board of Directors have announced a further P&I LOGA HR software
development, which is distinguished by its simplicity and its rapid response
times: Redundant options have been removed and this has clearly simplified
system operation. The role concepts and the standardisation have expanded the
uses that companies have that cover their employees. The result is that the
employees now have much closer links with their companies and they can send
their questions to the HR department both directly and quickly. A major project
that involves the new requirements is already being implemented and is nearly
ready for commissioning.

Triadis sees the overall outlook as Group sales amounting to 80 million euros
and the EBIT margin of 25 per cent being repeated. Triadis also thanked all of
the employees of P&I on behalf of the Board of Directors, as it was their highly
motivated commitment that made this result possible.

The voting results are now published on P&I's homepage in accordance with § 130
AktG and a copy can be requested from the Company at any time.

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

end of announcement                               euro adhoc 

company:     P&I Personal & Informatik AG
             Kreuzberger Ring 56
             D-65205 Wiesbaden
phone:       +49(0)611 7147 267
FAX:         +49(0)611 7147 367
mail:     aktie@pi-ag.com
WWW:      www.pi-ag.com
sector:      Software
ISIN:        DE0006913403
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated
             dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: P&I Personal & Informatik AG

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