CompuGROUP Holding AG

EANS-News: CompuGROUP further expands its presence in Italy

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Global Expansion/acquisition

Koblenz (euro adhoc) - CompuGROUP, a leading global provider of eHealth, successfully continues to strengthen its engagement in Italy. On October 29, CompuGROUP acquired the two Italian companies SMI and Microcosmos.

Since its inception, CompuGROUP has grown organically and through acquisitions. The eHealth provider already entered the Italian market in June of 2006, through an investment in the company FirmeSan SpA. Today, CompuGroup again significantly strengthened its engagement: through the acquisition of SMI and Microcosmos, who are both active in the same market, the market share in Italy will be significantly increased. In addition to the strong market position in Southern Italy, CompuGROUP now also has a significant share of the market in Northern Italy.

It is CompuGroup´s goal to make relevant medical information available to service providers electronically and at the right time with Decision Support Systems, based on the doctor information system used by the respective medical practice. "Since we now have significantly more physicians participating, we can offer the users added Decision Support. The pharmaceutical industry, as well as local and national organizations, are our partners in this endeavor," describes Jan Broer, member of the board and in charge of the Southern European region, the future of CompuGROUP Italy.

When the companies were acquired, it was very important that the previous owners were convinced of the new direction. Angelo Aprile of SMI said, "I was convinced by the projects that CompuGROUP is already jointly operating in many other countries with the pharmaceutical industry. I look forward to being able to contribute toward designing better care."

Vittorio Giura and Carlo Catullo, who were shareholders in Microcosmos prior to the acquisition, are convinced as well: "We wanted to be part of a strong group in order to meet the new demands. Despite CompuGROUP´s enormous size, the focus is on the individual physician - all projects are geared toward his needs. That´s exactly how we´ve always interpreted our mission."

About SMI SMI  S.r.l. is one of ten leading software companies in Italy, with headquarters in Bari (Apulia). Their software program Venere is particularly well-known and widely used in Southern Italy. More than 1,200 general practitioners are customers of SMI. The company employs seven people and has been active in the eHealth sector for over 20 years.

About Microcosmos Microcosmos Multimedia S.r.l. was founded in 1990 as a medical publishing house, with    headquarters in Turin and over time has developed into one of the most important software companies in Northern Italy. With over 1,600 customers, Microcosmos primarily provides services to general practitioners and specialists in the Northeastern part of the country. Microcosmos was successful in building a very large and highly qualified customer base by quickly and reliably integrating their own customers into large regional and national projects. The company currently employs 13 people.

About CompuGROUP Holding AG CompuGROUP Holding AG is one of the leading e-health companies in the world. Its software products designed to support medical and organizational activities in physicians´ surgeries and hospitals, its information services for all parties involved in the health sector and its Web-based personal medical files contribute to the development of a more reliable and efficient health service system. The basis for the services offered by CompuGROUP is an unparalleled customer base comprising some 326,000 physicians, dentists, hospitals and networks, as well as other service providers. CompuGROUP is the e-health company with the widest global reach among service providers. The firm operates in 14 European countries, Malaysia, Saudi Arabia, South Africa and the U.S. and currently employs roughly 2,800 people.

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ots Originaltext: CompuGROUP Holding AG
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Further inquiry note:
Barbara Zörner
Tel.: 0261-8000 1293

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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