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CompuGroup Medical AG

EANS-News: CompuGroup Medical Enters a New Market

Koblenz (euro adhoc) -

Acquisition of the leading Belgian developer of doctor information 
systems
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers
Subtitle: Acquisition of the leading Belgian developer of doctor 
information systems
January 03, 2011: The contracts have been
signed. On 12/29/10, CompuGroup Medical acquired the Belgian company 
Belgiedata BVBA, entering a new market and further expanding their 
position in Europe. The company now has a presence in 24 countries.
Belgiedata develops and sells doctor information systems (DIS) to 
approximately 2,400 general practitioners in Belgium. The company is 
a market leader in their section with a market share of 25%. The 
software solutions support the physician in patient treatment and 
medical office administration. Revenues of 700,000 euros are planned 
for 2010, with an expected EBITDA of 145,000 euros. CompuGroup 
Medical is continuing their strategy of expansion with this latest 
acquisition. Their coverage of physicians with medical software 
solutions is already the largest worldwide. With the acquisition of 
Belgiedata, the company now has access to the Belgian healthcare 
market.
After the company has successfully been integrated into the 
corporation, the international usable solutions of CompuGroup Medical
now also will be made available for the Belgian market and, via an 
interface, Belgian physicians will then be able to use additional 
helpful modules from the product family of software-assisted 
medicine. They provide the physician with decision assistance during 
treatment, mobilize efficiency reserves and support with an 
intelligent cross linking of all participants.
"CompuGroup Medical combines the tried and true with innovations and 
therefore taps the market´s enormous vertical growth potential," 
summarized Frank Gotthardt, chair of the corporation. "With 
Belgiedata, we have acquired a profitable company with a very loyal 
and longstanding customer base. Through the acquisition of the market
leader, we have immediately obtained a strong position in the Belgian
healthcare sector," states the company founder in conclusion.
About CompuGroup Medical AG CompuGroup Medical is one of the leading 
e-health companies worldwide. Its software products, designed to 
support all medical and organizational activities in doctors´ offices
and hospitals, its information services for all parties involved in 
the healthcare system and its web-based personal health records 
contribute towards safer and more efficient healthcare. The services 
of CompuGroup Medical are based on its unique customer base of around
370,000 doctors, dentists, hospitals and networks as well as other 
service providers. CompuGroup Medical is the e-health company with 
one of the biggest coverage among e-health service providers 
worldwide. The company operates in 17 European countries as well as 
in Brazil, Chile, Malaysia, Morocco, Saudi Arabia, South Africa and 
in the USA and currently employs around 3,200 people.
end of announcement                               euro adhoc

Further inquiry note:

CompuGroup Medical AG
Barbara Müller
Consultant Press & Media
P +49 (0) 261 8000-1293
F +49 (0) 261 8000-3284
E-Mail: press@cgm.com

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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