Beta Systems announces change in Executive Management Board
CORPORATE
NEWS RELEASE
AD HOC ANNOUNCEMENT
PURS. TO SEC.
15 WpHG
Beta Systems announces change in Executive Management Board
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Longtime Executive Board Member Dr. Oskar von Dungern leaves Company by mid of year
Berlin, April 3, 2006 – The Supervisory and Executive Boards of Beta Systems Software AG (BSS, ISIN DE0005224406) today announce that Dr. Oskar von Dungern, Member of the Executive Board responsible for Research and Development, and the Supervisory Board agreed not to renew his appointment as Executive Board Member which runs out at the end of 2006. The Supervisory Board approved this agreement in an extraordinary Supervisory Board meeting yesterday evening. Upon his own request, Dr. von Dungern leaves the Company already effective July 1, 2006 in order to endeavor new business opportunities. He will remain affiliated with the Company in an advisory function.
Dr. von Dungern has been a Member of the Executive Board of Beta Systems for more than 7 years. He considerably contributed to the technological and strategic realignment of the Company. During that period Beta Systems developed from a small independent German software provider for mainframe-oriented data centers to a leading European IT solution provider on the area of infrastructure software for large enterprises and the revenue grew from 38 million Euro to 96 million Euro, mainly due to targeted acquisitions. The Supervisory and Executive Boards of Beta Systems expressly thank Dr. von Dungern for his high commitment and the successful cooperation in the previous fiscal years.
End of ad hoc announcement
About Beta Systems Software AG, Berlin, Germany
Beta Systems Software AG (Deutsche Börse - Prime Standard: BSS) is a leading supplier of infrastructure software for en-terprise critical applications for the automation and protection of business processes. Beta Systems provides software in the following areas: Identity Management (IdM), Enterprise Content Management (ECM) and Data Centre Infrastructure (DCI). All solutions are able to process high-volumes of information and throughput. They secure business critical data and help achieve compliance by addressing regulatory requirements. The ECM product range includes scanners and sorters from Kleindienst - a brand owned by Beta Systems Software AG.
Beta Systems with headquarter in Berlin has been listed on the Deutsche Börse (German stock exchange) since 1997 and currently employs about 700 people. The company has 17 subsidiaries worldwide, as well as numerous business partners. Beta Systems’ worldwide customer base comprises more than 1,000 IT service providers and large organisations from the fields of finance and insurance, manufacturing, commerce, telecommunications, logistics and energy supply, along with public sector organisations. For further information please visit: www.betasystems.com
Contact Information
Company Contact:
Beta Systems Software AG
Arne Baßler
Corporate Communication
Tel.: +49 (0)30 726 118-170
Fax: +49 (0)30 726 118-881
E-mail: arne.bassler@betasystems.com
Agency Contact:
HBI PR&MarCom GmbH
Corinna Voss, Melanie Körner
Tel.: +49 (0)89 99 38 87-0
Fax: +49 (0)89 930 24 45
E-mail:corinna_voss@hbi.de; melanie_koerner@hbi.de
