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PRESS RELEASE Infoniqa takes over P&C Midrange GmbH

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<strong>PRESS</strong> <strong>RELEASE</strong><br />

Vienna / Böblingen, 16 December 2010<br />

<strong>Infoniqa</strong> <strong>takes</strong> <strong>over</strong> P&C <strong>Midrange</strong> <strong>GmbH</strong><br />

The Austrian IT group is expanding its portfolio and building up its payroll<br />

activities in Germany<br />

Within the context of the expansion of its business activities in Germany,<br />

<strong>Infoniqa</strong> is acquiring P&C <strong>Midrange</strong> <strong>GmbH</strong> and thus further expanding its<br />

service portfolio in the area of payroll calculation. P&C <strong>Midrange</strong>, located in<br />

Böblingen, has many years of experience as a development and service partner<br />

for Lohnabrechnungssoftware [accounting software] IPR <strong>Infoniqa</strong> Payroll,<br />

formerly LOGA/400. Together with P&C <strong>Midrange</strong>, Infoniqua looks after about<br />

500 clients in Germany. The pay of approximately 380,000 employees is calculated<br />

every month with IPR <strong>Infoniqa</strong> Payroll payroll calculation software. <strong>Infoniqa</strong>’s<br />

activities on the German market in the area of payroll calculation are<br />

being bundled at the Böblingen site, where the P&C <strong>Midrange</strong> team is to remain<br />

intact and guarantee continuity for the client base. The new business<br />

manager for the payroll unit in Germany will be Thomas Strobel of <strong>Infoniqa</strong>.<br />

The former P&C <strong>Midrange</strong> business manager and partner, Karl Merz, will continue<br />

to work for the firm. “It is our aim to consistently expand the highgrowth<br />

payroll calculation unit. To this end, we are offering our clients comprehensive<br />

software solutions and, additionally, our enhanced outsourcing<br />

operation with ASP and BPO service models,″ explains Siegfried Milly, executive<br />

director of this unit of <strong>Infoniqa</strong> Holding AG , describing the strategic direction.<br />

With its take<strong>over</strong> of P&C <strong>Midrange</strong>, <strong>Infoniqa</strong> has further expanded its payroll portfolio<br />

and is continuing the growth planned. Only a short while ago, <strong>Infoniqa</strong> bundled<br />

all payroll calculation activities into LGVsoft HR Dienstleistungen <strong>GmbH</strong> and<br />

strengthened this business unit with participation of the Austrian Austro Holding<br />

company. From now on, clients in Austria and Germany will also be offered more<br />

modern application and calculation services such as ASP (Application Service<br />

Providing) and BPO (Business Process Outsourcing) as well as application development,<br />

hotline, advice and training.<br />

At present, <strong>Infoniqa</strong> is looking after around 1,000 client firms with a total of around<br />

800,000 employees in Austria and Germany. ″We are pleased that P&C <strong>Midrange</strong><br />

<strong>GmbH</strong> is being integrated into the <strong>Infoniqa</strong> Group. This guarantees our clients the<br />

greatest possible stability, optimal service quality and a yet further expanded range<br />

of solutions and services,” comments Karl Merz, the former P&C <strong>Midrange</strong> <strong>GmbH</strong><br />

business manager and partner, describing the potential for synergy.<br />

″Jointly with P&C <strong>Midrange</strong> we are a one-stop shop able to provide our clients with<br />

all products and services related to payroll calculations. In the future we will be enhancing<br />

our outsourcing range as more and more firms are outsourcing the operation<br />

or implementation of payroll calculations to external partners,″ says Thomas<br />

Strobel, the <strong>Infoniqa</strong> Payroll Services & Solutions business manager for Germany.


Siegfried Milly, Director Thomas Strobel, Business Manager<br />

HR Services & Solutions, <strong>Infoniqa</strong> Payroll Services & Solutions,<br />

<strong>Infoniqa</strong> Holding AG Germany<br />

Further information:<br />

<strong>Infoniqa</strong> Holding AG – Alexander Zrost<br />

Heiligenstädter Straße 31/3 – 1190 Vienna<br />

Tel.: +43 3670000 - 3015<br />

alexander.zrost@infoniqa.com<br />

www.infoniqa.com<br />

Press and Public Relations:<br />

Press'n'Relations Austria <strong>GmbH</strong> – Georg Dutzi<br />

Schwindgasse 10 – 1040 Vienna<br />

Tel.: +43 1 9076148 - 10 – Fax: +43 1 9076148 – 15<br />

gd@press-n-relations.at<br />

www.press-n-relations.com<br />

About <strong>Infoniqa</strong> LGV Payroll Services & Solutions<br />

As a new subholding for payroll calculation, the full range of activities of the <strong>Infoniqa</strong> Group in<br />

the payroll sector are being bundled together under LGVsoft HR Dienstleistungen <strong>GmbH</strong>.<br />

The new ″<strong>Infoniqa</strong> LGV Payroll Services & Solutions” subholding has a turn<strong>over</strong> of approximately<br />

7 million euros with software and services in the payroll calculation sector and looks<br />

after approx. 1,000 clients in Austria and Germany with around 800,000 employees.<br />

About <strong>Infoniqa</strong> Holding AG<br />

The <strong>Infoniqa</strong> Group was founded in 2006 and, as an internationally operating software and IT<br />

services group with subsidiary companies in <strong>over</strong> ten locations in Central Europe, offers<br />

innovative software products, consultancy from qualified personnel as well as complex IT<br />

infrastructure systems for companies and institutions. The main emphasis is on payroll calculation<br />

and personnel management, information management, IT infrastructure and business<br />

software.. With its team of around 200 employees, the <strong>Infoniqa</strong> Group looks after approx.<br />

3,000 clients. In the 2009 accounting year, the <strong>Infoniqa</strong> Group had a turn<strong>over</strong> of approx.<br />

40 million euros.

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