GK SOFTWARE AG with successful stock market debut

Schöneck / Frankfurt, (PresseBox) - .
- Shares' first quote determined at EUR 21.40
- GK SOFTWARE is thus the first successful IPO in the Prime Standard in 2008

The shares of GK SOFTWARE AG, a European technology leader in the development and provision of standard software solutions for the retail industry, have been listed on the Frankfurt Stock Exchange with effect from today. The first quote this morning was EUR 21.40. A total of 1,750.00 shares were admitted to trading in the highly regulated Prime Standard with German Securities Identification Number (WKN) 757142 or ISIN DE0007571424. As a result, the company had a market capitalization of EUR 36.9 million at its stock market debut.

"We are very pleased to have broken the ice on the stock market after so many months," commented Rainer Gläß, GK SOFTWARE AG's CEO. "The Investors are convinced by our scalable business model combined with our profitable growth!" The IPO including green shoe has brought gross proceeds of around EUR 10 million to the software company based in Saxony, Germany. The company plans to use these proceeds (less costs of the issue) to invest in its further expansion. This includes accelerated internationalization in the rest of Europe, expanding strategic sales alliances and increased investments in the product portfolio, in order to further reinforce the company's technology leadership. Rainer Gläß added: "In addition, we are planning to develop new segments within the retail sector. Do-It- Yourself-store chains, gas stations and restaurant chains in particular offer substantial growth potential for our company. In addition, we also want to increasingly acquire small and medium-sized retailers as customers for our standardized solutions."

GK SOFTWARE AG enjoys a highly successful history. The company was formed in 1990 and has recorded average revenue growth of 44% p.a. over the past three years. Over the same period, GK SOFTWARE AG increased its EBIT from EUR 0.5 million to EUR 2.3 million. Andre Hergert, GK SOFTWARE'S CFO, also ventured some further information: "We again enjoyed substantial growth in the first quarter of 2008. Revenues climbed to EUR 3.7 million, and at the same time we recorded an EBIT margin of 27%. This positive trend is now also continuing in the second quarter." The newly acquired, international customer Coop(Switzerland) and other promising projects that are in the decision-making phase, mean that GK SOFTWARE AG's Managing Board is thus very confident that it the company will also be able to enjoy highly dynamic growth in future with high profitability.

Disclaimer

This publication does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. No public offer of securities of GK SOFTWARE AG, Schöneck, is being, or will be, made outside Germany. Any offer in Germany is being made exclusively on the basis of the published securities prospectus filed with the German Financial Services Supervisory Authority (BaFin). Any decision to invest in the securities of GK SOFTWARE AG, Schöneck offered should solely be based on the securities prospectus. Copies of the securities prospectus including the published Supplements are available free of charge at the offices of GK SOFTWARE AG, Schöneck, and ICF Kursmakler AG Wertpapierhandelsbank, Frankfurt am Main.

This publication and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan.

This publication does not constitute an offer for sale of any securities into the United States.

Securities, including any shares of GK SOFTWARE AG, Schöneck, in the course of the offer, may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as such term is defined in the Regulation S under the US Securities Act of 1933 as amended (the "Securities Act")) unless they are registered under the Securities Act or exempt from registration. There will be no registration or public offer of any securities of GK SOFTWARE AG, Schöneck, in the United States.

GK Software AG

Die GK SOFTWARE AG ist ein technologisch führender europäischer Entwickler und Anbieter von Standard- Software für den Einzelhandel mit einem umfassenden Produktangebot für Filialen und Unternehmenszentralen.
Durch die offenen und plattformunabhängigen Software-Lösungen der GK/Retail Suite, die vollständig in Java programmiert sind, hat sich die Gesellschaft als Technologie- und Innovationsführer am Markt etabliert.

Die Software ermöglicht dem filialisierten Einzelhandel eine optimierte Betriebsorganisation und dadurch erhebliche Kostensenkungs- und Kundenbindungspotenziale zur Steigerung der Wettbewerbsfähigkeit.
Die internationale Einsetzbarkeit, der konsequente Einsatz offener Standards und die SOA-Fähigkeit(Service Oriented Architecture) zeichnen die Lösungen der GK SOFTWARE AG aus. Da GK/Retail eine echte Standardsoftware ist, können die notwendigen Anpassungen an die meisten Kundenanforderungen über Parameter eingestellt werden. Dies reduziert die Programmierungsaufwände und ermöglicht eine schnelle Projektumsetzung. Gleichzeitig bleiben die Lösungen der Kunden releasefähig, wodurch neue Funktionalitäten per Releasewechsel eingeführt werden können. Eine wichtige Komponente der modularen Software ist die Integrationsplattform StoreWeaver, die alle Subsysteme in der Filiale einbindet und gleichzeitig eine leistungsstarke Schnittstelle zu Enterprise-Systemen wie ERP- und CRM-Lösungen bietet.

Am Hauptsitz in Schöneck (D) sowie an den drei weiteren Standorten in Berlin, Pilsen (CZ) und Basel/
Riehen (CH) beschäftigt das Unternehmen derzeit 166 Mitarbeiter. Die GK SOFTWARE AG verfügt über namhafte deutsche Einzelhandelskunden, darunter Galeria Kaufhof, Parfümerie Douglas, EDEKA Hannover- Minden, Lidl, Netto Markendiscount, Tchibo oder das Schweizer Einzelhandelsunternehmen Coop. In über 20 Ländern ist die Software mit rund 50.000 Installationen in über 12.000 in- und ausländischen Filialen im Einsatz. Die Gesellschaft ist in den letzten Jahren schnell gewachsen und hat im Geschäftsjahr 2007 einen Umsatz von 10,8 Mio. EUR erreicht. Dabei erwirtschaftete die GK SOFTWARE AG ein Ergebnis vor Zinsen und Steuern von 2,3 Mio. EUR (EBIT-Marge 21,5%). Seit 1990 haben die beiden Gründer und Vorstände, Rainer Gläß (CEO) und Stephan Kronmüller (CTO), zusammen mit den Vorstandsmitgliedern Ronald Scholz(COO) und André Hergert (CFO) die GK SOFTWARE AG zu einem stark wachsenden, profitablen Unternehmen geformt.

Weitere Informationen zum Unternehmen: www.gk-software.de.

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