Pfleiderer AG and IBM Sign Outsourcing Contract

German Machinery Manufacturer, Pfleiderer, Consolidates Worldwide IT-Operations in Double-Digit Million Euro Outsourcing Deal With IBM

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STUTTGART, GERMANY - 27 Oct 2008: German Pfleiderer AG and IBM (NYSE: IBM) signed a seven-year outsourcing contract. As part of the agreement, IBM will provide application hosting and management services out of Germany and Canada for all SAP Systems in Pfleiderer's worldwide locations. The flexible IBM SAP Application Delivery Center Model will enable Pfleiderer to use and pay for services according to its needs.

"By centralizing our IT activities, our processes can become more efficient and more flexible. IBM is a globally integrated service provider and is the optimal partner for us to support our global growth strategy," said Klaus Vogl, Group CIO of Pfleiderer AG.

The modular services and pricing model within this contract are specially designed for Pfleiderer. The solution is completely aligned to the requirements of the enterprise and has a high level of flexibility.

By consolidating the SAP environment and optimising SAP Application Maintenance, Pfleiderer could realize millions of dollars in potential cost savings. These result from the latest IBM Delivery capabilities, which aim at maximising the effects of virtualisation, consolidation and centralisation. Moreover, Pfleiderer's employees can benefit from country specific support by IBM Application Management Services.

"The requirements for an international, medium-sized corporation constantly increase and change. With our global delivery capabilities, we can meet the needs of our stakeholders and react to individual demands. With its new IT infrastructure, Pfleiderer AG will be prepared for the future," said Christian Till Roga, director of outsourcing sales, IBM Germany.

The agreement was signed in September of 2008.

About Pfleiderer Group:
The MDAX-listed Pfleiderer Group is one of the worldwide leading providers for engineered wood. The company and its approximately 6,000 employees operates 22 sites in North America, Western and Eastern Europe producing engineered wood, surface finished products as well as laminate flooring. Pfleiderer is preferred partner of the furniture industry, specialist and home improvement stores, and interior design suppliers. In fiscal year 2007 the Group generated consolidated revenues of around 1.8 billion Euros and an EBITDA of 248.7 million Euros. More information at:

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