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Wincor Nixdorf takes over majority stake in IT services provider prosystems and expands outsourcing portfolio

(PresseBox) (Paderborn/Bonn, ) Effective retroactively from January 1, 2008, Wincor Nixdorf AG has assumed a majority stake and the operative management of prosystems IT GmbH. prosystems, which is headquartered in Bonn, specializes in the provision of IT services in the Sparkassen environment. This new stake is part of Wincor Nixdorf s targeted expansion of its activities in the area of IT operations management for retail banking. "We've seen that the trend toward outsourcing and automation in retail banking continues. So we re strengthening our outsourcing portfolio with prosystems IT. We already have customers in this area, but we want to attract additional banks with our portfolio so that we can continue to grow," explains Eckard Heidloff, President and CEO of Wincor Nixdorf AG. For Wincor Nixdorf, this is the second joint venture specializing in the operational management of information technology for branch-related processes.

prosystems IT was created in 2004 when the IT operations of two savings banks, Stadtsparkasse Köln and Kreissparkasse Köln, were merged with the subsidiary of the now amalgamated Sparkasse Bonn and Kreissparkasse Siegburg, PROSERVICE GmbH, and with the SDZ Sparkassen-Dienstezentrum, a savings bank service center. The participating Sparkassen have outsourced large parts of the operational management of their IT to prosystems IT.

prosystems has 223 employees and had sales last fiscal year of approximately 43 million euros.

In the future, Wincor Nixdorf will hold 51% of the interests in prosystems. The remaining interests will be held by Kreissparkasse Köln (20.17%), by Sparkasse KölnBonn (26.38%) and by SDZ Sparkassen-Dienstezentrum (2.45%), which itself is the subsidiary of the savings banks Verbandssparkasse Goch, Sparkasse Wiehl, Stadtsparkasse Wermelskirchen, Stadtsparkasse Bad Honnef and Kreissparkasse Düsseldorf.

Under Wincor Nixdorf s leadership, it is the intention of all the stakeholders in the company to make new technologies and processes available quickly to the company s existing customers, to increase the depth of its portfolio and to attract further banks as additional customers.

At the moment, the prosystems offer encompasses primarily the operation of decentralized IT infrastructures, from networks to IT workstations to telecommunications systems. The company s primary business fields include managed services (standardized services for the operation of IT systems and infrastructures), project management, project performance, and the in-house development and sales of customized software solutions.

"With this second majority stake in an outsourcing joint venture in Germany, we re expanding our position as a specialized provider of IT services for financial institutions," said Heidloff. "This is part of the targeted implementation of our concept of offering IT solutions for the optimization of branch processes in retail banking, solutions that encompass all the necessary steps in modernization, from consulting to operation," he continued. Outsourcing responsibility for significant parts of their IT operation would allow financial institutions to concentrate more fully on their core tasks and to continue to increase their competitiveness