DGAP-News GK Software AG: Leading Technologies for Scales - Platform independent Scale software expands product portfolio of GK SOFTWARE AG
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DGAP-News: GK Software AG / Key word(s): Product Launch
GK Software AG: Leading Technologies for Scales - Platform independent
Scale software expands product portfolio of GK SOFTWARE AG
21.02.2012 / 09:07
- New Software approved for sale by partners
Schöneck, 21. February 2012 - GK/Retail Open Scale is now available for the
retail sector. As one of the first software companies in the world GK
SOFTWARE AG is offering a fully fledged solution for PC-based scales,
entirely independent of the platform used. The company believes that it has
gained an excellent position at an early stage to cope with the current
trend of replacing proprietary software with open, PC-based systems. The
new software breaks this field´s customary link between hard- and software
and therefore opens up a very large market, previously inaccessible to GK
SOFTWARE.
The new solution will be available from GK SOFTWARE directly and through
partners as well. An important requirement for the sales start was approval
by Physikalisch-Technische Bundesanstalt (PTB), Germany´s national
metrology institute, to operate Open Scale on PC-based retail scales.
The GK SOFTWARE´s Management Board is expecting an increase in sales
potential as a result of the sales release of GK/Retail Open Scale.
Company profile GK SOFTWARE AG:
GK SOFTWARE AG is one of the leading technology developers and providers of
standard software for the retail sector in Europe and has an extensive
range of products for stores and enterprise headquarters. As a result of
its open software solutions in the GK/Retail Suite, which can be used with
any platform and is fully programmed in Java, the company has established
itself on the market as a leading provider of technology and innovations.
The software provides ideal business organization for retail companies with
many stores and therefore offers significant potential for cost savings and
customer loyalty programs so that companies can increase their
competitiveness.
The company employs 422 members of staff (figures for 30 September 2011) at
company headquarters in Schöneck and four other business locations in
Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can
list well-known German and foreign retail companies among its customers,
including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA,
Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software
is currently being used in more than 30 countries at 125,000 installations
in approx. 25,000 stores in Germany and abroad. The company has grown
rapidly during the past few years and its sales revenues totaled EUR 27.7
million in 2010. GK SOFTWARE AG achieved EBIT of EUR 6.4 million (EBIT
margin of 21.7% on total operating revenue). The two founders Rainer Gläß
(CEO) und Stephan Kronmüller (deputy board member), in conjunction with an
experienced management team, have made GK SOFTWARE AG a profitable company
with strong growth since 1990.
Further information about the company: www.gk-software.com
Contact:
Investor Relations
GK SOFTWARE AG
Dr. René Schiller
Phone.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
e-mail: rschiller@gk-software.com
End of Corporate News
21.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: GK Software AG
Waldstraße 7
08261 Schöneck
Germany
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: info@gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, München, Stuttgart
End of News DGAP News-Service
157477 21.02.2012
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