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USU Software AG

EANS-News: USU acquires MODON as its first customer in Saudi Arabia

Möglingen (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Global Expansion
For the transparent control of its IT, Saudi
Arabian company MODON will, in future, use the central solutions of 
the integrated USU Product Line, Valuemation. The Saudi Industrial 
Property Authority (MODON) is the government authority responsible 
for the development and expansion of industrial regions.
Central processes, such as installation, relocations, configuration 
changes, and IT contract management will be optimized with 
Valuemation. This requires a transparent IT infrastructure. At the 
top of the agenda is the establishment of a standard IT service 
management system. The service processes will be based on the 
guidelines of the ITIL industry standard. In addition to this, in 
future another USU application will support MODON's service 
organization: with the help of USU KnowledgeCenter, service staff 
will then be able to use an intelligent central knowledge database.
MODON chose USU technology because of its many years of good 
experiences working with the Saudi USU competence partner NOMD and 
due to the many different functions and the integration capability of
Valuemation. NOMD acts as a strategic partner to market the 
Valuemation und USU KnowledgeCenter product lines in Saudi Arabia on 
the basis of a reseller and service provision agreement.
"We are very pleased to acquire such a renowned company as MODON as 
our customer. Together with our partner NOMD, we plan to gain further
customers in the near future," said Jamal Birouk, Territory Manager 
of USU.
"As a German producer we have been able to gain a foothold in the 
strategically important growth region of the GCC States with MODON as
a customer. The internationalization of USU is now also showing the 
first concrete successes outside Europe," stated Sven Wilms, 
Executive Vice President International Business at USU AG.
end of announcement                               euro adhoc

Further inquiry note:

Gerick Thomas

Branche: Software
ISIN: DE000A0BVU28
WKN: A0BVU2
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade
Stuttgart / regulated dealing

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