25.01.2006 Picasso Ad hoc

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Ad hoc announcement under § 15 WpHG (German Securities Trade Act)

GFT Technologies AG, Security identification no. 580060; ISIN DE0005800601; GEX

GFT Technologies AG plans to take over Parity Group's Resourcing Solutions business in Germany and France

St. Georgen, 25 January 2006

GFT Technologies AG, one of the leading European providers of innovative IT solutions, is soon to acquire all of Parity Group's Resourcing Solutions business in Germany and France.

The purchase of all shares in Parity Beteiligungsgesellschaft GmbH with its subsidiaries Parity Eurosoft GmbH and Parity Selection GmbH, together with Parity Eurosoft SARL, France, is planned with retrospective effect from 1/1/2006.

The total transaction sum, EUR 8.4 million, consists of a EUR 7.7 million cash payment and EUR 0.7 million in debt repayments.

The companies being acquired are part of the Resourcing Solutions Mainland Europe division of the Parity Group plc, based in London. It is predicted that the objects of the takeover will earn revenues of EUR 43 million in 2005. They currently employ 40 people – 30 in Germany and 10 in France. Parity already has many years of experience in the area of managing IT services providers and has a solid client base including well-known customers in the post and logistics, banking and insurance and IT services sectors.

For GFT, the planned purchase represents a major step on the path towards becoming the leading supplier for the management of IT services providers. The takeover will also make GFT one of France’s main suppliers.

GFT Technologies AG
Leopoldstr. 1
78112 St. Georgen

Andrea Wlcek
Investor Relations
T: +49-7724-9411-440
F: +49-7724-9411-883
andrea.wlcek@gft.com
www.gft.com

	Andrea Wlcek Investor Relations GFT Technologies AG Leopoldstr. 1 78112 St. Georgen T: +49-7724-9411-440 F: +49-7724-9411-883
	andrea.wlcek@gft.com