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P&I lands million euro contract

Geschrieben am 07.06.2007 - [Nächster Artikel]

Strategic co-operation between P&I and LogicaCMG is proof of the
international competitiveness of the software manufacturer


--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------


cooperations/big contract

Wiesbaden (euro adhoc) - The Wiesbaden based P&I AG company has
succeeded in landing LogicaCMG (NL) as a new strategic partner. The
contract with a value of a several million euro deal serves as
confirmation of P&I´s strategic orientation and demonstrates: in the
international arena as well, P&I is capable of holding its own in the
fiercely competitive market involving product suppliers for HR
services.

LogicaCMG is one of the Top 10 IT service providers in Europe. By its
extended state of service and acknowledgement of the market LogicaCMG
helps its customers to take a leadership position. In addition to
management and IT consulting, systems integration and outsourcing, it
also offers HR and Payroll Services for clients in a variety of
business sectors. By means of this co-operation, LogicaCMG - based
in Amstelveen near Amsterdam - is focussing on the core competencies
of a service provider. "P&I is a technologically prominent company
which completes well our own strategy. With P&I we can focus on
delivering additional services and strategic value for our customers"
says Ewout Meijer of favour of the software specialist. Prior to the
decision, the supplier was submitted to a test period that lasted
several months.

"We are extremely pleased that we have found a complementary partner
of this calibre in LogicaCMG. This partnership in the Netherlands
confirms the orientation of P&I as an HR software supplier that has
achieved the high technical standards that international HR service
providers demand. This is a strategically important step for us with
respect to extension of the market segment", explains Vasilios
Triadis, CEO of P&I AG. "As a result of this partnership, joint
further development of the products of P&I focussing on Europe-wide
utilisation will be ensured in the long term. This means that our
solution is to be recommended as a basic tool for other international
operating companies".

-----------------

About LogicaGMC: LogicaCMG is a major international force in IT and
business services. It employs around 40,000 people across 41
countries. LogicaCMG´s focus is on enabling its customers to build
and maintain leadership positions using LogicaCMG´s deep industry
knowledge and its track record for successful delivery. The company
provides business consulting, systems integration and IT and business
process outsourcing across diverse markets including telecoms and
media, financial services, energy and utilities, industry,
distribution and transport and the public sector. Headquartered in
Europe, LogicaCMG is listed on both the London Stock Exchange and
Euronext (Amsterdam) (LSE:LOG; Euronext:LOG) and traded on the
Xternal List of the Nordic Exchange in Stockholm. More information is
available at www.logicacmg.com

P&I AG: Software for human resource management P&I AG is a specialist
for standard software solutions for human resource management - from
payroll accounting and personnel management to time management and
employee portals. The solutions can be used at the international
level and in all business sectors. P&I has more than 300 employees
and a presence at 11 locations throughout Europe. The company, which
has its head office in Wiesbaden, has had more than 35 years of
experience. About 3,700 companies and public authorities rely on P&I
solutions. P&I is stock exchange listed in the Prime Standard
segment. In the business year 2006/20076 it achieved a turnover of 54
million Euros. More about P&I AG on the internet: www.pi-ag.com


end of announcement euro adhoc 07.06.2007 13:44:58
--------------------------------------------------------------------------------


ots Originaltext: P&I Personal & Informatik AG
Im Internet recherchierbar: http://www.presseportal.de

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

Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
 
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