DGAP-News 256 0 Kommentare Softing AG: Softing Automotive Acquires New Key Customer

DGAP-News: Softing AG / Key word(s): Incoming Orders
Softing AG: Softing Automotive Acquires New Key Customer

23.12.2016 / 15:00
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Softing Automotive is reporting a significant breakthrough in the process
of positioning its core products for diagnostic services of electronic
control units (ECUs) in the market. A large international producer of
commercial vehicles has decided to use Softing software tools for the
development, the flashing and the diagnostics of ECUs used in their
vehicles.

Softing expects additional revenue of several million Euros once these
tools are being integrated and deployed in the architecture of future
vehicles. This process is expected to spread over a period of two to three
years.

About Softing AG
Softing AG is a globally operating management holding. The companies of
Softing AG develop, produce and market software and hardware for in its
Industrial, Automotive and IT Networks segments. They develop high-quality
standard technology products and customized solutions in close cooperation
with their customers. All of Softing's business segments operate in growth
markets. Softing aims at achieving sustainable profitability with double-
digit sales growth annually.

---------------------------------------------------------------------------

23.12.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange

End of News DGAP News Service
---------------------------------------------------------------------------

532881 23.12.2016