With immediate effect, Wilfried Pruschak (Mag.) and Friederike Petznek-Stadlbauer (Mag.) have been appointed as new Supervisory Board members of PC-Ware Information Technologies AG by the District Court of Leipzig in accordance with Section 104(1) of the Stock Corporation Act (Aktiengesetz – AktG). Alongside Rudolf von Sandersleben, the two newly appointed Supervisory Board members will initially discharge their duties until the next Annual General Meeting of Shareholders.

Wilfried Pruschak, Managing Director of Raiffeisen Informatik GmbH, and Friederike Petznek-Stadlbauer, Operational Investment Manager at Raiffeisen Holding Noe-Wien GmbH, join the Supervisory Board of PC-WARE AG in replacement of Dr. Wolfgang Vehse and Prof. Dr. Wolfgang Lassmann, who both resigned their posts last week for entirely personal and unrelated reasons. Both gentlemen made a strong contribution to the company's growth, and the close bond forged between them and PC-WARE will remain well into the future. "In my role as CEO and as a shareholder, I would like to take this opportunity to thank them both for their dedicated service to PC-WARE," said Dr. Knut Löschke.

Background

Wilfried Pruschak is the Managing Director of Austrian-based Raiffeisen Informatik GmbH. Friederike Petznek-Stadlbauer is a member of the Supervisory Board of Raiffeisen Informatik GmbH. In mid-October 2008, Raiffeisen Informatik acquired a strategic interest in PC-WARE via its Group subsidiary "PERUNI" Holding GmbH, and at the end of November 2008 a voluntary public takeover offer was submitted for the purchase of all shares in PC-Ware Information Technologies AG. "PERUNI" Holding GmbH currently holds approx. 73% of the interests in PC-WARE. The company plans to acquire further shares that are currently in free float.

As the second-largest shareholder, the Löschke family currently holds around 16% of the shares and intends to retain this interest in the company.

"I am pleased that we are now also represented on the Supervisory Board of PC-WARE, thus allowing us to shape our further collaboration. This strategic partnership has provided us with the opportunity to expand our resources and expertise in a concerted effort, e.g. within the area of SaaS (Software as a Service) and outsourcing," emphasized Wilfried Pruschak (Mag.).

Biographies

Wilfried Pruschak (Mag.) was born in 1961 in Vienna and from 1980 to 1984 studied at the University of Vienna for a Master’s degree in business and information systems. After obtaining his Master’s degree, he began his professional life in 1985 as a Sales Manager with Philips Data Systems, before being appointed a director of Gemdat NÖ in 1993. Since 1996, Mr. Pruschak has held the positions of Managing Director of Raiffeisen Informatik GmbH and Managing Director of the wholly owned sales subsidiary Raiffeisen Informatik Consulting GmbH.

Friederike Petznek-Stadlbauer (Mag.) was born in 1966 in Hainburg/Austria and studied law from 1984 to 1989 at the legal faculty of the University of Vienna. On obtaining her degree, she completed her court traineeship at various district and regional courts in Vienna, before in 1991 becoming a trainee lawyer with the firm of Dr. Spohn, Vienna. In 1993 Ms. Petznek-Stadlbauer moved to Raiffeisen Landesbank Niederösterreich-Wien AGRICULTURAL as an operational investment manager, where in 1998 she was appointed divisional head for operational investment management. Since 2001, Ms. Petznek-Stadlbauer, as head of operational investment management at Raiffeisen-Holding NÖ-Wien, has been responsible for more than 600 subsidiaries of Raiffeisen Holding and Raiffeisen Landesbank Niederösterreich-Wien.