Wincor Nixdorf strengthens its software portfolio for retail by taking over Datec Retail Systems' business

Wincor Nixdorf has reached an agreement with DATEC Retail Systems a.s., which is headquartered in Zlín in the Czech Republic, to take over its business effective January 2014. Through this step, Wincor Nixdorf will be adding highly specialized expertise to its own software portfolio for retail companies. In addition, Wincor Nixdorf will also be taking over employees from DATEC.

DATEC specializes primarily in data integration as part of omni-channel and merchandise management processes and has its own software, which makes sales advice and payment and merchandise management functions available on mobile devices such as tablets. Mobile devices are growing in importance in retailing for customer consulting and store management.

The acquisition is part of Wincor Nixdorf's recently announced move to expand its software business. "Our mission in business with retail companies is to deliver software applications demanded by the market for all sizes of store and sales channels," stated President & CEO Eckard Heidloff.

"Integration in the Wincor Nixdorf Group offers DATEC a huge opportunity to do business with large retailers and internationalize its activities. Thanks to our e-commerce offerings and apps, we also cater for an importance segment in Wincor Nixdorf's software portfolios for retailing," said Jindrich Hegmon, Managing Director and majority shareholder of DATEC.

This document contains forward-looking statements that are based on current estimates and assumptions made by the management of Wincor Nixdorf AG to the best of its knowledge. Such forward-looking statements are subject to risks and uncertainties, the non-occurrence or occurrence of which could cause the actual results - including the financial condition and profitability of Wincor Nixdorf - to differ materially from or be more negative than those expressed or implied by such forward-looking statements. This also applies to the forward-looking estimates and forecasts derived from third-party studies. Consequently, neither the Company nor its management can give any assurance regarding the future accuracy of the opinions set forth in this document or the actual occurrence of the predicted developments.