EANS-News: CompuGroup Medical acquires remaining shares in HCS

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Mergers - Acquisitions - Takeovers

Koblenz (euro adhoc) - 27 Dezember 2010. CompuGroup Medical has
completed its takeover of HCS (Health Communication Service) by
acquiring the remaining shares in the Austrian-based company on 1
December 2010. The group had already held a 50% stake in HCS since
2006 via its Austrian subsidiary systema. Anticipated turnover for
2010 is 2 million euro, and EBITDA are expected to come in at
approximately 560,000 million euro.

HCS, which has its Registered Office in Steyr in Austria, is a
leading provider in the fields of electronic results reporting,
electronic image and data transfer, patient referral and workflow
solutions for integrated care. The company also offers doctors´
portals. As a HCS shareholder of four years´ standing, CompuGroup
Medical is already extremely familiar with the systems operated by
the company.

The acquisition of the remaining shares means that the HCS product
portfolio can now be completely integrated into the group. CompuGroup
Medical CEE is already one of the leading IT providers in the
Austrian healthcare sector and operates five subsidiaries in the
country. The company uses intelligent workflow solutions to network
general practitioners, specialists and hospital doctors. The systems
in place support all medical and organisational activities. Its
customer base includes more than 4,500 doctors´ surgeries and in
excess of 140 in-patient facilities.

"We are already the market leader in Austria for hospital information
systems", CompuGroup Medical CEO Frank Gotthardt proudly asserts.
"The acquisition of HCS will enable us to continue to expand our
presence in the field of network solutions. Our aim is to provide an
overarching networking system for service providers in the Austrian
healthcare system. HCS will have a particularly crucial part to play
in the implementation of important electronic healthcare file
applications and workflows". Mr. Gotthardt concluded by saying that
this would deliver greater levels of performance whilst reducing the
cost base.

About CompuGroup Medical AG CompuGroup Medical is one of the leading
e-health companies worldwide. Its software products, designed to
support all medical and organizational activities in doctors´ offices
and hospitals, its information services for all parties involved in
the healthcare system and its web-based personal health records
contribute towards safer and more efficient healthcare. The services
of CompuGroup Medical are based on its unique customer base of around
370,000 doctors, dentists, hospitals and networks as well as other
service providers. CompuGroup Medical is the e-health company with
one of the biggest coverage among e-health service providers
worldwide. The company operates in 16 European countries as well as
in Brazil, Chile, Malaysia, Morocco, Saudi Arabia, South Africa and
in the USA and currently employs around 3,200 people.

end of announcement euro adhoc
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ots Originaltext: CompuGroup Medical AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

CompuGroup Medical AG
Barbara Müller
Consultant Press & Media
P +49 (0) 261 8000-1293
F +49 (0) 261 8000-3284
E-Mail: press@cgm.com

Branche: Software
ISIN: DE0005437305
WKN: 543730
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