EANS-Adhoc: S&T System Integration&Technology Distribution AG / Change to the Management Board / CEO Christian Rosner steps down - company founder Thomas Streimelweger takes over as Chairman of the Ma

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announcement.
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C.E.O. Interviews

29.06.2010

In today´s meeting of the Supervisory Board of S&T System Integration
& Technology Distribution AG, the leading provider of consulting,
outsourcing, systems integration and IT services in Central and
Eastern Europe as well as in the German-speaking region, appointed
the company´s founder Thomas Streimelweger as the new Chairman of the
Management Board. He succeeds Christian Rosner who is leaving the
company at his own request as of 31 July 2010 and is stepping down as
CEO as of 30 June 2010. Andreas Frech was elected to succeed Thomas
Streimelweger as Chairman of the Supervisory Board.

"I regret the resignation of Christian Rosner, with whom both the
Management Board and Supervisory Board worked together in a proper
and professional manner for many years", commented the "new old" CEO
Thomas Streimelweger, who managed the company from its formation
until 2000. "For me personally, this change means a step in the
direction of my entrepreneurial roots, after having pursued other
projects for the past ten years. My top priority will be the
continuation and acceleration of the operative turnaround. I take
over the management of S&T in a very interesting strategic moment:
29% of the shares of S&T will find a new owner as a result of the
liquidation of the assets of the AvW group. It is an exciting
challenge to actively participate in this process, and I look forward
to shaping the company´s future in the interests of shareholders,
employees and customers. The interest of potential investors is
significant in light of our unique market position in Eastern
Europe."

Thomas Streimelweger, who founded S&T in 1987, holds 28% of the
shares following the company´s successful IPO in 1998. His stake is
held in part by the holding company red-stars.com data AG/Hygiene
Holding GmbH, which also manages other investments. Thomas
Streimelweger has been a member of the Supervisory Board and its
Chairman since 2004. The new Chairman of the Supervisory Board,
Andreas Frech, is the founder of the consulting firm EFP, which was
acquired by S&T in 2005. He has been a member of the Supervisory
Board of S&T since May 2009.

end of announcement euro adhoc
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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Thomas Streimelweger

Mobil: +43 664 340 26 78

www.snt-world.com

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wien / official market