EANS-News: adesso AG / Subsidiary evu.it assumes control of software company dynamicutilities and continues product development activities

Promising new range of products for the energy and water sectors

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Mergers - Acquisitions - Takeovers

Subtitle: Promising new range of products for the energy and water
sectors

Dortmund (euro adhoc) - evu.it GmbH, an adesso subsidiary, has
purchased a 100% stake in Münster-based software company
dynamicutilities GmbH, primarily from financial investors. Since
2009, dynamicutilities has been working on the dynamic.suite range of
products which support business processes of the energy and water
sectors. Based on Microsoft Dynamics NAV™, the products are
particularly suitable for the mid-range market segment represented by
regional and municipal utilities. The first module went on sale in
2010, and the completion of the entire suite is planned for 2011.
Marketing has already begun - the products made their debut at the
E-world software trade fair.

The acquisition-price is EUR 250,000, while additional development
costs in the vicinity of EUR 750,000 are expected before the products
reach their break-even point. The company plans to make recoup its
investment over the next few years by sales generated from the
suite´s introduction and licensing the product to clients. These
products are the first to possess a flexible modular and highly
ergonomic structure for including all legally required market roles
such as sales, networks, metering point operators and retailers.
Municipal utilities can make particularly efficient use of the
software solutions if the management of public services is once again
entrusted to local authorities, as is likely, or if these utilities
want to create new electricity and gas brands.

evu.it GmbH has been active in this market for ten years. After the
acquisition of dynamicutilities GmbH, the company will now become a
sector-specific software development and consultancy organisation
that focuses its activities exclusively on the SAP AG solution. The
acquisition represents another success for adesso Group as it
continues with its plans to add an own, sector-specific range of
products to the service portfolio.

The Executive Board

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

Further inquiry note:

Christoph Junge
Mitglied des Vorstands
Tel.: +49 231 930-9330
E-Mail: ir@adesso.de

Branche: Computing & Information Technology
ISIN: DE000A0Z23Q5
WKN: A0Z23Q
Index: CDAX
Börsen: Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
Frankfurt / regulated dealing/general standard