Schöneck, 8 February 2013 - GK SOFTWARE AG has developed a new, affordable solution enabling retailers to offer their customers a self-checkout option, which is built around the standard software, GK/Retail POS.

• Fully integrated lean solution reduces retail costs
• Pilot installation already completely operational within a leading retailer's organization

The solution is fully integrated in the GK/Retail operating systems and retailers are free to use any hardware combinations they wish. This eliminates the need to invest in purchasing traditional self-checkout hardware, which can be expensive, and integrating it into the existing IT landscape. The new solution enables the use of standard hardware which meets the requirements of the particular type of retail store in question, and offers the exact same processes as can be found on traditional checkout counters (POS). Consumers are guided clearly and simply through the entire scanning and payment process. Furthermore, the systems feature a number of different modes, allowing them to be used both as shopper-operated self-checkouts and as traditional POS. Sales employees can monitor the systems using an iOS-based control cockpit (e.g. on an iPod or iPhone) and intervene whenever necessary - such as when a shopper is attempting to purchase an age-restricted item. The new solution is already fully operational within a leading Swiss retailer's organization.

Self-checkout systems are automated, consumer-operated alternatives to traditional checkout counters. They allow shoppers to scan, and if necessary weigh, the contents of their baskets themselves and then pay directly at the self-checkout station, either by cash or card. Several self-checkout systems are usually monitored by one employee who is on hand to help any shoppers experiencing difficulties and to carry out checks. Such systems, which are already in widespread use in countries such as the USA und the UK, enable retailers to offer better customer service while achieving significant cost savings.

Schöneck, 7. February 2013 - GK SOFTWARE AG will be offering retailers a glimpse of the future based on the latest solutions from the GK/Retail Business Suite at EuroCIS in Düsseldorf from 19 to 21 February 2013 on Stand C 48 in Hall 9. On the joint stand with SAP, the spotlight will be on the topics of omni-channel retailing, cloud and mobility. Furthermore, the company will be presenting complete end-to-end processes from the central server right down to individual devices at branch level.

Futureproof: new applications for omni-channel retailing

Cloud and in-memory computing: the basis for real-time channel integration

Retail mobility

Management reports on the iPad in real time

Platform for product innovations and advancements

Complete service offering for retailers

Schöneck, 10. April 2013 – The rapidly growing Russian operator of fashion department stores, Modis, has decided to use SAP Point-of-Sale by GK.

• New project in the strongly developing Russian market

• Another international sales success through SAP

This is the first time that the GK SOFTWARE AG solutions have been successfully sold in Russia through the partnership with SAP. Modis will equip its approx. 75 stores in Russia with the new store software. The key factor here was the seamless integration of the software in the SAP retail system, which is one of the unique selling points of SAP Point-of-Sale by GK. A Russian partner will handle the work required to adapt the standard software to the special requirements of Modis. GK SOFTWARE AG will support this partner with training, development and consultancy services. GK SOFTWARE AG already supplies the store software for two leading retailers in Russia and this involves looking after more than ten thousand productive installations.

The project is due to be completed in 2013. Agreement was reached not to reveal any figures about the value of the project.

About Modis:

Modis, which has its headquarters in the Russian city of Moscow, was founded in 2005 and operates 75 large-format fashion department stores with sales areas measuring between 1,500 and 2,500 square meters. The company has business operations in many major Russian cities and has experienced continual growth for years. It sells clothing and accessories for men, women and children.

Schöneck, April 12, 2013 – GK SOFTWARE AG and the US company RedIron (RI-2 LLC) have signed an agreement to form a strategic implementation partnership.

RedIron will handle the introduction of GK SOFTWARE AG solutions in North and Central America as part of the deal. GK SOFTWARE will support RedIron with training and consultancy and development services.

• Experienced partner with several hundred successful retail projects in North and Central America
• Implementation partner for GK SOFTWARE AG solutions

RedIron is the most experienced development & implementation partner for the SAP POS application software (formerly known as Triversity) and have worked with 90 percent of the major retailers that are using this system. The company therefore has both retail expertise and the specialists capable of introducing the GK SOFTWARE AG solutions.
GK SOFTWARE AG will benefit from licensing, maintenance and consulting revenues accruing from joint projects.

About RedIron

RedIron, which was founded in 2000 and has branches in the USA and Canada, focuses on the implementation and further development of innovative SAP store solutions.  RedIron has implemented hundreds of successful projects for leading retailers during its tenure. RedIron solutions focus on the “big benefit areas” for Store Operations and Loss Prevention. The company is an exclusive and premium business partner of SAP and has in-depth business expertise for introducing and delivering store solutions in the SAP environment.
Further information about the company: http://www.redirontech.com

Orlando, Florida, 16. May 2013 – GK Software AG today announces the expansion of its presence into North America and associated reseller agreement with SAP AG (NYSE: SAP). GK will now offer its full range of store solutions from the GK/Retail Business Suite in North America.

In addition, SAP will also resell these applications in North America under the names SAP® Point-of-Sale by GK, SAP Store Device Control by GK, SAP Offline Mobile Store by GK, SAP Label and Poster Printing by GK and SAP Open Scale Management by GK. The GK store solutions sold by SAP are tightly integrated with other SAP applications and can be linked to devices used within a store (e.g., POS systems, scales, mobiles, empties, self checkout and vendor machines). This integration provides customers using these solutions with an end-to-end solution that can be used to link multiple stores with SAP solutions in a real-time environment. The benefits to retailers are lean, comprehensive and integrated business processes, decreased costs, and lower TCO.  

SAP AG has partnered with GK Software globally since 2011.  The introduction of these solutions into the North American market signifies another important step in the strategic partnership between GK Software AG and SAP AG.  

 “The Store Solutions supplied by GK Software enable genuine end-to-end processes integrated with SAP solutions,” said Rainer Glaess, CEO, GK Software  “These solutions provided by GK Software and resold by SAP will be game changing for our retail customers.. For example, the new SAP Point-of-Sale by GK application based on the SAP HANA® platform is the first to leverage this in-memory technology and it will provide our retail customers greater ability to service their customers.. Following the success we have achieved with these solutions in Europe and Asia, we’re looking forward to continuing this successful course with SAP in North America.”

“SAP is committed to empowering our retail customers with the solutions they need that will allow them to best serve their customers,” said Lori Mitchell-Keller, senior vice president and head, Global Retail Industry Business Unit, SAP.  “The store solutions we resell from GK Software are outstanding additions to our robust retail solution portfolio.  Working closely with our leading ecosystem of partners, we are delivering game-changing innovation to customers. GK Software is a key example of what makes our ecosystem such a success. Together with GK Software, we are delivering added value to retail customers, empowering them to achieve business efficiencies and to run better than ever.”

For more information, please visit GK Software in booth 2619 at the SAPPHIRE® NOW conference, being held May 14-16 in Orlando, Fla.

Schöneck, 22 May 2013 – GK SOFTWARE AG was able to increase its sales by 21.8 percent to EUR 9.07 million (Q1 2012: EUR 7.44 million) during the first three months of fiscal 2013. Operating performance rose by 17.6 percent to EUR 9.19 million (Q1 2012: EUR 7.81 million) in the process. Earnings before interest and taxes (EBIT) amounted to -EUR 0.42 million (Q1 2012: EUR 1.39 million). This provided an EBIT margin related to sales of -4.6% during the first quarter. The loss per share amounted to EUR 0.27.

• Sales growth of approx. 21.8% in comparison with the same period in the previous year
• Growth forecast for 2013 unchanged

The Management Board is maintaining its forecast for 2013 and continues to believe that sales will probably increase. This will ensure that profitability remains within the levels achieved in the past.

Measured by revenue, revenue-growth and EBIT-rate GK is on third place among more than 3,000 companies in Germany

Munich Strategy Group´s top 100 ranking of medium sized companies 2013, commissioned by the newspaper ‚Die Welt‘, includes GK SOFTWARE AG to the stars of the German mid tier companies. These are divided into three groups: low performer, compact class and lighthouses. Only four percent belong to this top group. They are “in a leading market position, kick competitors down the road and change the rules of the game into their advantage.”

Average changes in revenue, revenue-growth and EBIT-rate of the years 2007 to 2012 were analyzed. Particular features of the top 100 are a culture of versatility, a continuing transformation processes, a high strategic competence and a excellent market and competitor orientation.

Listed below you find some media reports:

• Welt Online (About the ranking - generally)
• Munic Strategic Group (About the ranking – self presentation)

Information about Achim Sieren and Harald Kehl:

The Executive Vice President Consulting and Solutions, Achim Sieren, has been involved in intense operations with the retail market sector for many years and formerly held advisory and management positions at CAP Gemini and debis Systemhaus. He has successfully developed the SAP consultancy business within Wincor Nixdorf during the last few years and has been responsible for the global setup and expansion of professional services for retail companies.

The Senior Vize President Global Services, Harald Kehl, has been a manager for leading international companies for more than 20 years and has worked in departments like consulting, operations and services. Having spent time as the Director of Global Services at IBM and having responsibility for the consulting business in Northern/Eastern Europe at Siebel Systems, he has been heading the applications consulting business as Vice President for Consulting at Oracle in various parts of Europe since 2008.

Schöneck, 13 December 2013, The Management Board of GK SOFTWARE AG, with the approval of the Supervisory Board, today resolved to make partial use of its authorized capital pursuant to Section 4b of the articles of association and to increase the company’s registered share capital from currently EUR 1,790,000.00 by EUR 100,000.00 to EUR 1,890,000.00 by issuing 100,000 new no par value ordinary bearer shares against contributions in cash while excluding the subscription rights of the shareholders for the new shares.

The new shares will account for 5.29% of the new registered share capital following the implementation of the capital increase. The new shares will entitle their holders to participate in the profits of the company as of 1 January 2014. The issue price of the new shares is EUR 37.82 per new share. The exclusive right to subscribe for the new shares has been granted to SAP AG with official seat in Walldorf, Germany.

The proceeds from the capital increase will primarily be used for the company’s ongoing internationalization process and the geographic expansion of the business of the company.
The new shares shall be admitted to trading on the Regulated Market/Prime Standard section at the Frankfurt Stock Exchange without requiring the publication of a prospectus.

GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland

(End of Ad-hoc-Announcement)

Schöneck, 17 December 2013 – The SAP AG subscribed to all 100,000 new shares, which were part of the increase in share capital announced at 13.12.2013; they were sold at an issue price of EUR 37.82 through. This represents gross proceeds from the issue of EUR 3,782,000,00.

The proceeds from the capital increase will primarily be used for the company’s ongoing internationalization process and the geographic expansion of the business of the company. The new shares are to be authorized for trading on the Regulated Market/Prime Standard section at the Frankfurt Stock Exchange without the need to publish a prospectus. The new shares will entitle their holders to share in profits from 1 January 2014 onwards. The free float will increase to 44.79% of the share capital due to the capital increase after the entry in the commercial register. In connection with the stake of new shares SAP gets a preemption right at the shares held directly and indirectly by the both founders Rainer Gläß and Stephan Kronmüller until 31.12.2020.

GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland

(End of Ad-hoc-Announcement)