Tous Actualités
Suivre
Abonner S&T AG

S&T AG

euro adhoc: S&T System Integration&Technology Distribution AG
S&T Services now Available to Customers in Austria (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Vienna, September 01 2003 - S&T System Integration & Technology
Distribution AG (Vienna Stock Exchange: SNT; OTC: STSQY), a leading
provider of IT services in Central, Eastern and Southern Europe, is
setting up a subsidiary, "S&T Österreich Informationstechnologie
GmbH."
The new subsidiary will deliver the IT services that S&T has been
providing successfully in 19 countries in Central and Eastern Europe
to customers in Austria
Given S&T's comprehensive expertise and many years of experience,
implementing custom-tailored solutions for mission-critical
applications in mature markets such as Austria is a logical step in
the company's development.
By making the move, S&T is responding to calls from Austrian
customers working in Eastern Europe who would also like to purchase
S&T's services on the domestic market. The new subsidiary will start
operations in October.
Karl Tantscher, CEO of S&T, says that "due to the increasing need for
greater data security and service reliability we expect the new S&T
subsidiary to start strongly and achieve quickly a good market
position. The new company will bring together Austrian industry
know-how and the outstanding IT solution competence of 1,200
experienced S&T employees in an ideal form. We are convinced that
with this combination and access to a platform with a large number of
IT specialists from Central and Eastern Europe, our potential
customers will be able to look forward to a highly competitive range
of services. EU enlargement will also make it easier for us to do
business across borders."
Further details about the new company will be announced at a press
conference with Group and Austrian management on 16 September 2003.
About S&T - www.snt.at
S&T is a leading provider of IT solutions for customers in 19
countries in Central, Eastern and Southern Europe and Turkey. The
company advises, develops and implements customised IT solutions and
also offers round the clock service. S&T has particular
problem-solving and service know-how for mission-critical
applications. S&T has a specific concentration on the needs of large
and medium-sized enterprises, in particular telecommunications
companies, banks, power companies, the government and health care
sectors.
end of announcement        euro adhoc 01.09.2003

Further inquiry note:

Karl Tantscher
Chief Executive Officer
mailto:karl.tantscher@snt.at

Henriette Lininger
Investor und Public Relations
mailto:henriette.lininger@snt.at

S&T System Integration & Technology Distribution AG
Gunoldstrasse 16, 1190 Vienna, Austria
Phone: +43 1 367 80 88 0
Fax: +43 1 367 80 88 99
mailto:snt@snt.at
http://www.snt.at/

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: ATX Prime, NECI, ViDX
Börsen: Wiener Börse AG / official dealing
Nasdaq Europe / official dealing

Plus de actualités: S&T AG
Plus de actualités: S&T AG