DGAP-News

USU acquires special provider of digital communications - Seite 2

and BNP Paribas. Technological components supplied by USU like liferay
portals, self-service applications, the KCenter database and social media
solutions will be complemented and enhanced by unitB's services.

"By acquiring unitB technology, we succeeded in gaining a specialist for
demanding and individual online solutions that fits perfectly into our
digitization strategy," said Bernhard Oberschmidt, the Chairman of the
Board of Directors at USU Software AG.

"This market will grow dynamically in years to come because the entire
economy is making the transition to digital business models," said Dr.
Benjamin Strehl, a member of the Board of Management at USU Software AG.
"unitB technology complements our portfolio, particularly in the areas of
strategic and technical consultation as well as user experience and user
interface design. In the future, we can provide our customers with optimal
support from a single source as they shift to digital business models and
strengthen our leading position in the market for digital customer
interaction."

"As digital experience experts, we are really happy that our customers will
now be able to draw on the entire consulting and technology portfolio of
the USU Group," said Norbert Bader, CEO of unitB technology. "Thanks to the
10 locations in Germany and our global presence, we have moved even closer
to the customer and can continue to improve service quality. The merger
will provide our customers with optimal results during the digital
transformation. At the same time, our employees are gaining a long-range
future in an established and international company."

Florian Dorrer, CTO of unitB technology, added: "The technological
innovations and the IT backbone of the USU Group perfectly complement our
own IT service portfolio. As a result, we are increasing the level of
integration of our digitalization solutions. Customers will receive all
services - from innovative front end to comprehensive system integration -
from a single source."


The key aspects of the deal

In the transaction, USU Software AG is acquiring all shares in unitB
technology GmbH. The cash price to be paid for the company will contain a
fixed and variable share. It will be between EUR4.0 million and EUR5.1
million - depending on the future performance of unitB technology. The
profitable company that was established in 2002 generated sales of EUR3.6
million in fiscal year 2015. Following the acquisition by USU, unitB
technology will continue to be managed independently.