euro adhoc: S&T System Integration&Technology Distribution AG / Mergers - Acquisitions - Takeovers / S&T Purchases IT Activities of T-Systems Turkey S&T takes over the IT and SAP activities

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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11.09.2006

11 September 2006. Austria - Turkey. Following the takeover of Unitis
in Hungary last week, S&T System Integration & Technology
Distribution AG has announced that it is to purchase the IT and SAP
activities of T-Systems Turkey, further expanding its region-wide SAP
presence.

The main purpose of the acquisition for S&T is that it will enable
the company to upgrade its Managed Services and Business Solutions
activities and expand its SAP business in Turkey. S&T intends to use
the takeover to further strengthen its presence in this growing IT
market.

T-Systems Turkey is one of the leading ICT providers in the country
and has a customer base which includes both renowned Turkish and
international companies from the automobile and manufacturing
industries. The takeover will bring the number of S&T employees in
Turkey to over 70.

"This takeover means that we can now offer our customers in Turkey
the full range of S&T services, although the main focus will continue
to be on telecoms and the manufacturing industry. The IT and SAP
activities of T-Systems Turkey are a fantastic addition to our
existing infrastructure activities," said Christian Rosner, CEO of
S&T AG.

The parties have agreed to keep details of the transaction
confidential.

About S&T - www.snt.at - XETRA VIENNA: SNT With some 2,100 employees
S&T is the leading provider for IT solutions and services for
customers in Central and Eastern Europe. The company develops and
implements custom-tailored IT solutions for large and medium-sized
telecommunications companies, banks, power utilities, manufacturing
companies and public institutions. Through our subsidiaries in 19
countries we realise cross-border IT structures, offering our clients
outstanding solutions and service competence.

end of announcement euro adhoc 11.09.2006 08:16:33
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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Christian Rosner Irene Preißler
Chief Executive Officer Corporate Communications
T: +43 (0)1 367 80 88 T: +43 (0)1 367 80 88-1029
Christian.Rosner@snt.at Irene.Preissler@snt.at

S&T SYSTEM INTEGRATION & TECHNOLOGY DISTRIBUTION AG
Geiselbergstrasse 17-19
1110 Vienna
Austria

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


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