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GFT Technologies SE

euro adhoc: GFT Technologies AG
Mergers - Acquisitions - Takeovers
GFT Technologies AG plans to take over Parity Group's Resourcing Solutions business in Germany and France

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
25.01.2006
GFT Technologies AG, one of the leading European providers of
innovative IT solutions, is soon to acquire all of Parity Group's
Resourcing Solutions business in Germany and France.
The purchase of all shares in Parity Beteiligungsgesellschaft GmbH
with its subsidiaries Parity Eurosoft GmbH and Parity Selection GmbH,
together with Parity Eurosoft SARL, France, is planned with
retrospective effect from 1/1/2006.
The total transaction sum, EUR 8.4 million, consists of a EUR 7.7
million cash payment and EUR 0.7 million in debt repayments.
The companies being acquired are part of the Resourcing Solutions
Mainland Europe division of the Parity Group plc, based in London. It
is predicted that the objects of the takeover will earn revenues of
EUR 43 million in 2005. They currently employ 40 people - 30 in
Germany and 10 in France. Parity already has many years of experience
in the area of managing IT services providers and has a solid client
base including well-known customers in the post and logistics,
banking and insurance and IT services sectors.
For GFT, the planned purchase represents a major step on the path
towards becoming the leading supplier for the management of IT
services providers. The takeover will also make GFT one of France’s
main suppliers.
end of announcement                               euro adhoc 25.01.2006 19:04:46

Further inquiry note:

Andrea Wlcek
Investor Relations Manager
Telefon: +49(0)7724 9411-440
E-Mail: andrea.wlcek@gft.com

Branche: Software
ISIN: DE0005800601
WKN: 580060
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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