WINCOR NIXDORF Aktiengesellschaft

euro adhoc: WINCOR NIXDORF Aktiengesellschaft
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

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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.

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ots Originaltext: WINCOR NIXDORF Aktiengesellschaft
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Further inquiry note:
Andreas Bruck
Tel.: +49 (0)5251 693 5200

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

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