DGAP-Adhoc: REALTECH AG: Personnel change in the Executive Board/profit warning: Negative EBIT expected for 2013

REALTECH AG / Key word(s): Change of Personnel/Profit Warning

26.06.2013 19:35

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Walldorf, 26 June 2013. Dr. Rudolf Caspary (49), who has been a member of
the Executive Board since March 22, 2004 and Chief Executive Officer of
REALTECH AG since August 1, 2011 is leaving the company by mutual agreement
on June 30, 2013. The Supervisory Board of REALTECH AG and Dr. Caspary
agreed this today. The background to this is the difference in viewpoints
between the Supervisory Board and Dr. Caspary with regard to the current
economic situation and the further development of the REALTECH Group. The
Supervisory and Executive Boards would like to thank Dr. Caspary for his
great dedication, innovations and the work he has put in over the past
years.

At the same time, Mr. Thomas Mayerbacher (43) has been appointed as the new
Chief Executive Officer. Thomas Mayerbacher has been a member of the
Executive Board at REALTECH AG since January 1, 2011 and has been
responsible for the Finance department (CFO) since that time.

Due to unfulfilled expectations of sales in the Software business segment,
a delayed return-on-investment for the new Timplify product and the
economic situation at the U.S. subsidiary, REALTECH AG presumes that it
will not be possible to achieve the set income target of income from
operations (EBIT) amounting to EUR 2.1 million for the current fiscal year.
Based on the forecast currently available, the Executive Board has thus
decided to adjust its revenue and earnings forecast for the 2013 fiscal
year. Accordingly, REALTECH expects a negative operating profit of a low
single-digit million figure for 2013.

On the occasion of the changes to the Executive Board, REALTECH AG's role
is to be reduced to that of a classic management holding company with a
separation between operational and strategic tasks.

The Executive Board and Supervisory Board are convinced - based on their
trust in the drive and expertise of REALTECH employees - that the REALTECH
Group is in a position to regain and permanently maintain its earnings
capacity.

Contact:
Volker Hensel
Investor Relations
REALTECH AG, 69190 Walldorf
Tel.: +49.6227.837.500
Fax: +49.6227.837.9134
investors@realtech.com
www.realtech.com

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Language: English
Company: REALTECH AG
Industriestraße 39c
69190 Walldorf
Germany
Phone: +49 (0)6227 837-500
Fax: +49 (0)6227 837 9134
E-mail: investors@realtech.com
Internet: www.realtech.com
ISIN: DE0007008906
WKN: 700890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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