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CENIT AG: Premature contract renewal for Management Board members Kurt Bengel and Matthias Schmidt

DGAP-News: CENIT AG / Key word(s): Contract
CENIT AG: Premature contract renewal for Management Board members Kurt
Bengel and Matthias Schmidt

16.12.2014 / 09:53

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Stuttgart, December 16th, 2014 - The Supervisory Board of CENIT AG decided
on the premature contract renewal of the two Management Board members Kurt
Bengel and Matthias Schmidt.

The contract of Kurt Bengel was thereby extended for five years until
12/31/2019. In addition, a contract extension until 07/31/2019 was decided
for Matthias Schmidt.

Kurt Bengel, CEO, born in 1962, has been employed at CENIT since 1988 and
was appointed to the Management Board on January 1st, 2007. He is
responsible for the worldwide operational business and for the departments
marketing and investor relations.

Matthias Schmidt, born in 1969, joined the Management Board of CENIT AG on
February 1st, 2013. He is responsible for the departments
finances/controlling and human resources.

About CENIT:
For over 25 years, CENIT has been successfully active as a leading
consulting and software specialist for optimizing business processes in the
Digital Factory, Product Lifecycle Management (PLM), SAP Solutions,
Enterprise Information Management (EIM), Business Optimization & Analytics
(BOA), and Application Management Services (AMS) fields.
CENIT complements standard solutions by strategic partners such as DASSAULT
SYSTEMES, SAP and IBM by providing well-established own software solutions.
These include the FASTSUITE product family for software solutions in the
Digital Factory field, cenitCONNECT for SAP PLM-related processes,
cenitSPIN as a high-performance PLM Desktop, CENIT ECLISO for efficient
information management as well as CENIT SERVICEMANAGER - a platform for
integrating software systems into the ECM system.
The enterprise employs around 700 staff worldwide, serving customers
primarily from the automotive, aerospace, mechanical engineering, tooling
and molding, financial services, commercial and consumer goods industries.
www.cenit.com

Please send queries to:

CENIT AG
Investor Relations
Industriestrasse 52-54, D-70565 Stuttgart
Tel.:[phone]
Fax:[phone]
Email: [e-mail]

Additional Information:
This press/ad hoc report may contain future-oriented statements regarding
the business, financial and earnings situation of, as well as profit
projections for, CENIT. Such future-oriented statements are characterized
by terms or statements such as "the company may" or "the company will",
"expects", "assumes", "is considering", "intends to", "plans", "believes",