EANS-News: P&I Personal & Informatik AG / Competence expanded

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Mergers - Acquisitions - Takeovers

Subtitle: • P&I Personal & Informatik AG in Zurich is taking over
the shares of Mirus Software AG in Davos as of March 1st, 2012.
Mirus is a market leader in HR- business in the hotel, catering
and tourism industry.

• In the future, both companies will offer an expanded product
portfolio in Switzerland and the European countries.

Wiesbaden / Davos (euro adhoc) - As of March 1st, 2012, P&I Personal
& Informatik AG is taking over the shares of Mirus Software AG, which
is a market leader for back office software in the hotel, catering
and tourism industry in Switzerland. P&I AG will gain strength
locally and attain a stronger position in the Swiss market as a
result of the amalgamation. Mirus Software AG will be able to benefit
from the know-how of P&I. Furthermore, new distribution channels for
its products in the hotel sector will open up for Mirus Software AG
in other European countries.

P&I AG, which is domiciled in Horgen (ZE) and Carouge Acacias (GE) in
Switzerland, is the leading provider of integrated software solutions
for human resources management. The company was founded in 1968 and
today it maintains a Europe-wide presence at 13 locations. Most
recently, the P&I Group achieved a turnover of 69.1 million Euros and
employed almost 400 people.

Vasilios Triadis, CEO of P&I AG, explains: "High standards are placed
on the quality of goods in the HR market in Switzerland. P&I aims to
be the best solution provider in that area. The objective we are
pursuing with the re-positioned Swiss P&I organisation and the
acquisition of Mirus Software AG is for Swiss SME sector companies to
perceive us as a genuine alternative to existing providers." In
addition, we plan to be able to offer an even more comprehensive
product portfolio in Switzerland as well as in European countries.

Paul Petzold, managing director and administrative board member of
Mirus Software AG explains: "Our company is joining forces with a
strong, internationally oriented partner. That will enable us to
further expand the strong position of our company in the long term."
Furthermore: "For Mirus Software AG, joining forces with P&I AG is an
important step for safeguarding the future of the company. With
regard to an optimal successor solution, for us there was only one
conceivable option for a partner that can continue to grow together
with Mirus and that cultivates a similar culture to ours."

In the future Mirus Software AG will retain its name and will remain
at its headquarters in Davos. The present employees will stay at the
company. The founders Paul Petzold and Oliver Hunziker will continue
to fulfil their responsibilities as managing director and CTO. They
will also continue to serve as members of the administrative board,
which will be chaired by Paul Petzold as in the past.

Further inquiry note:
Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.com

end of announcement euro adhoc
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company: P&I Personal & Informatik AG
Kreuzberger Ring 56
D-65205 Wiesbaden
phone: +49(0)611 7147 267
FAX: +49(0)611 7147 367
mail: aktie@pi-ag.com
WWW: www.pi-ag.com
sector: Software
ISIN: DE0006913403
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, Hamburg, Düsseldorf, Stuttgart, regulated
dealing/prime standard: Frankfurt
language: English