PRESS RELEASE

Wiesbaden, August 25th, 2008

P&I to take over the personnel software of DSA in conjunction with a strategic partnership

With effect as of September 1st, 2008, P&I GmbH, Vienna, will be taking over JET PABIS NG, which is the HR business division of Data Systems Austria Aktiengesellschaft & Co KG, Vienna.

DSA is one of the leading Austrian suppliers of integrated business software.The spin-off of the human resources management business division of the JET PABIS NG software is being realised for strategic reasons.P&I GmbH in Vienna is a subsidiary company of P&I AG, which is based in Germany and which is one of the leading suppliers of HR management software in Europe - with over 3,000 customers in all business sectors.P&I is striving to become the market leader for HR management software in Austria by means of this takeover.“By taking over the HR management software of DSA, P&I is taking a decisive step towards achieving the market leadership for personnel software in Austria.On the one hand, it will lead to interesting synergy effects for P&I in the software development area,“ says Vasilios Triadis, the CEO of P&I AG, Wiesbaden. ”On the other hand, we have gained 450 strategic customers in the SME area and the public administration sector.“

Through the takeover of the software, P&I has also taken over the obligations resulting from software maintenance contracts with existing customers.P&I will not have any problem guaranteeing this because it is also taking over the relevant DSA employees.

“Furthermore, P&I will be gaining a highly attractive staff of employees with a high level of specialist knowledge and an excellent understanding of the human resources processes that have to be mapped,” remarks Triadis.

“For existing customers, the incorporation of the solution into the P&I portfolio will be a guarantee for further competent functional as well as technological development of the software,” states Markus Berndt, the CEO of Data Systems Austria AG & Co KG.

The parties have agreed to maintain secrecy with respect to the amount of the purchase price.

Data Systems Austria Aktiengesellschaft & CoKG

With roughly 2,900 customers in the SME sector in Austria, Data Systems Austria is the leading supplier of integrated business software solutions.In addition, Data Systems Austria is also one of the leading system vendors in Austria- with 210 employees and the richest of traditions.Data Systems Austria is connected with the key IT players in the market by way of partnerships, e.g. HP, IBM, Cisco, Microsoft, Symantec.A large team of certified system specialists stands for competent system consulting and optimum implementation of hardware and IT infrastructure solutions.With roots going back to the year 1946, Data Systems Austria is one of the most long-established European system vendors.Like no other, the company stands for continuity – it has been serving many of its customers for decades.

P&I Your Partner for integrated HR Solutions

Over 300 people - contributing their knowledge, their high level of dedication and passion – make P&I the premium supplier of integrated software solutions for human resources management.Regardless of whether it is payroll, web-based personnel management or time management:the HR software of P&I AG is cutting edge - with regard to technological as well as functional attributes.In the meantime, the P&I LOGA payroll accounting software is now utilised in eleven European countries.With respect to hardware technology, P&I is a well-established supplier of time management terminals developed in-house thatreceived the prestigious ifAward 2007.Services such as implementation, consulting, training and HR outsourcing additionally round off the range of services that P&I offers.

P&I serves its customers through 5 branch offices in Germany and another 4 offices in other European countries,guaranteeing those customers reliabilityand investment protection by means of its large investments in product research and development.Leading international HR service providers bank on P&I as a product supplier, and over 3,000 direct customers successfully process their HR business using P&Isolutions.They all place their trust in the high level of expertise that P&I AG has amassed in the course of 40 years of market presence.P&I offers human resource management from one single source, providing solutions that ensure customers are prepared for the future.P&I is stock exchange listed in the Prime Standard segment of the Frankfurt Stock Exchange; in the business year 2007/2008 it achieved a turnover of 59,4 million Euros.More about P&I AG on the internet:.

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