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euro adhoc: S&T System Integration&Technology Distribution AG
S&T wins 2.7 million Euro contract to implement SAP solution for Serbian Post Office (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Vienna, 22 September 2003 - The Serbian subsidiary of S&T AG, the
market leader for SAP solutions in Serbia and Montenegro, has won one
of the biggest IT orders in the country. The Serb Post Office (PTT)
with just under 19,000 employees, plans to introduce a standard
software - SAP - to replace the island solutions presently in use.
S&T is the only company in the region able to fulfil the order with
its own resources and will also call upon S&T know-how from countries
such as Croatia and Slovenia.
PTT has a nationwide network of over 1,500 post offices and some 9
million customers. In order to get the company fit for possible
privatisation and enable it to meet new challenges such as electronic
accounting and payment systems or express deliveries with Internet
Tracking, PTT has decided to implement the corporate software SAP.
The new system will replace the many isolated solutions that in the
past generated both high costs and red tape, speeding up and
automating processes within the company.
S&T, the market leader for SAP implementations in Serbia and
Montenegro will carry out this large-scale project in several phases
due to the large number of modules needed by PTT. These range from
finance, purchasing and inventory management modules to sale and
distribution modules and even a special accounting module. These
solutions have already been used successfully in a number of postal
giants, such as Deutsche Post. Implementations on this scale require
a great deal of experience and know-how as they cover all business
areas and therefore involve highly sensitive data. S&T will also call
upon its own large pool of experienced SAP consultants in
neighbouring countries who will carry out around the half the
consulting work. In addition to the contract for implementation, S&T
has also signed a maintenance contract for the solution that will run
until 2005.
Karl Tantscher, CEO of S&T describes the 2.7 million EUR project as
"a good illustration of how we work with a strong local team that has
in-depth knowledge of the market, while our region-wide presence
allows us to call upon specialists and know-how from elsewhere within
the Group. This guarantees the optimal solution for the customer."
About PTT
PTT can look back on a 162-year history. Today, the company employees
just under 19,000 people and operates a network of over 1,500 post
offices throughout the country.  In addition PTT holds a majority
stake in Serbian Telecom, as well as 49% of mobile communications
operator Mobtel.
About S&T - www.snt.at
S&T is a leading provider of IT solutions for customers in 20
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 22.09.2003

Further inquiry note:

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

Markus Klampfer
Corporate Communications
mailto:markus.klampfer@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

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