EANS-News: Hoeft & Wessel in business for over 30 years: - More than 250,000 mobile terminals and nearly 100,000 ticket vending machines

- Total sales revenues have exceeded EUR 1 billion since IPO in 1998
- Increasing internationalisation: presence in more than 30 countries

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Company Information

Subtitle: - Total sales revenues have exceeded EUR 1 billion since
IPO in 1998 - Increasing internationalisation: presence in more than
30 countries

Hannover/Germany, 25 January 2011. (euro adhoc) - In a corporate
history exceeding 30 years, the Hoeft & Wessel Group has delivered
well over 250,000 mobile data capture/processing terminals and nearly
100,000 ticket vending machines and car park ticket terminals. In
particular, Hoeft & Wessel´s proven expertise in the auto-ID,
ticketing and parking sectors bears testimony to this achievement.
The technology company developed several successful product ranges
such as the mobile terminal for train conductors.

Since its IPO in 1998, the sum of sales revenues of the Hoeft &
Wessel Group exceeded the EUR 1 billion mark in fiscal 2010. Over the
past 12 years, Hoeft & Wessel has developed into a medium-sized
technology company that plans to continue recording dynamic growth in
future by extending its international activities.

The product portfolio of the leading IT hardware and software
specialist for ticketing, parking and mobile solutions in Germany and
the United Kingdom corresponds to international trends towards
widespread automation, networking and urbanisation. To be able to
make sizeable gains from the growth in demand, Hoeft & Wessel pursues
regarding the commenced internationalisation an opening up of new
markets in a targeted fashion.

Business operations of the group of companies are concentrated in
Europe with its two home markets, Germany and the United Kingdom. In
addition to Europe, the United States also play a major role.
However, regions like South America, Asia, Africa or Australia are
likewise expected to gain increasing importance in future. Together
with sales specialists and local partners, the Hoeft & Wessel Group
aims further to extend its international operations and thus generate
additional sales revenue growth. The products and systems of the
group of companies are already deployed in more than 30 countries.

Many customers have traditionally been relying on Hoeft & Wessel
solutions for a long time. These include large-scale, complex
installations such as the ticketing system in Scotland´s fleet of
buses, the order placed by Swiss Post for mobile devices or the
comprehensive service for the ticket vending system of London Bus and
the ticket vending machines supplied to German Rail. Hoeft & Wessel´s
global service already accounts for more than 25 per cent of total
sales revenues today. When placing follow-up orders, internationally
renowned groups have opted for Hoeft & Wessel again. This high level
of consistency along with the immense product reliability contribute
towards boosting customer confidence and also play a pivotal role in
the acquisition of new customers.

Hoeft & Wessel is scheduled to publish its fiscal 2010 figures on 29
March 2011.

www.hoeft-wessel.com

Press folder with photos:
http://www.presseportal.de/pm/12945/hoeft_wessel_ag/

About the Company: The Hoeft & Wessel Group is the leading IT
hardware and software technology specialist for ticketing, parking
and mobile solutions in Germany and the United Kingdom. Established
in 1978 by the two entrepreneurs who gave the company its name and
listed on the stock exchange since 1998, the enterprise has developed
into a group of companies with sales revenues of just under EUR 100
million and a workforce of 500 employees. Its main locations are
Hannover, Germany, and Swindon, to the west of London.

end of announcement euro adhoc
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ots Originaltext: Höft & Wessel AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: PR@hoeft-wessel.com

Branche: Technology
ISIN: DE0006011000
WKN: 601100
Index: TecDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade