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PRESS RELEASE: ATOSS Software AG: Change to the Supervisory Board - ATOSS readies itself for the future

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DGAP-News: ATOSS Software AG / Key word(s): Personnel/Miscellaneous
ATOSS Software AG: Change to the Supervisory Board - ATOSS readies itself
for the future

2019-11-06 / 14:00
The issuer is solely responsible for the content of this announcement.

Munich, November 6, 2019

Peter Kirn, long-serving Chairman of the Supervisory Board of ATOSS Software
AG, has stepped down from the company's Supervisory Board age related and on
most amicable terms. Mr Kirn has served on the Supervisory Board of ATOSS
Software AG since 1999. Previously, he was active as Executive Manager of
IBM Deutschland GmbH from 1969 to 1997 and CEO of a subsidiary of IBM
Deutschland GmbH in the software sector. As Chairman of the ATOSS
Supervisory Board, Peter Kirn successfully supported and helped to shape
both the public flotation and the extremely dynamic growth of the company
over the last 20 years.

Most recently, he was elected for a further year by the shareholders at the
regular shareholders' meeting on April 30, 2019. Notwithstanding his
decision to step down with effect from the judicial appointment of his
successor, Moritz Zimmermann, being delivered today, Peter Kirn will remain
closely associated with the company.

As a workforce management specialist, ATOSS Software AG is now posting its
fourteenth year of strong growth in succession, with the pace of expansion
constantly accelerating. On the strength of considerable investments in its
future viability, ATOSS has recently won many new customers of all sizes and
industry affiliations by introducing innovative solutions to the area of
digital workforce management. In this context, the cloud topics are assuming
ever greater importance.

This is not only reflected by consistently above-average growth in sales and
earnings, but even more so by the disproportionately strong order book. For
example, ATOSS posted a 31 percent rise in its orders received for software
licenses and the software component of contracted cloud solutions in the
first nine months of 2019, along with sales growth of 14 percent and an EBIT
margin of 26 percent.

Thanks to the significant progress made in cloud transformation, the company
has set the stage for further future success. Consequently, ATOSS remains a
model of growth and stability and is excellently positioned to benefit from
the strong growth drivers in the market such as demographic change and
digitization.

Now that Peter Kirn has left the Supervisory Board, ATOSS is confident that
the Board will continue to support the company with its very high level of
expertise under the planned management of his successor Moritz Zimmermann.

In Moritz Zimmermann, entrepreneur and CTO (Chief Technology Officer) of SAP
Customer Experience, Munich, another proven expert in the software sector is
joining the Supervisory Board who will continue to shape the pace of growth
and rapid technological change together with ATOSS Software AG. In 1997,
Moritz Zimmermann founded and headed Hybris Software AG with a clearly
defined vision for omni-channel e-commerce - at a time when many completely
underestimated the far-reaching impact of the Internet on the business
world. In 2013, having meanwhile advanced to global market leadership in
this category, Hybris Software AG was taken over by SAP AG - at the time the
highest valued technology acquisition of a private company in the enterprise
software area. At SAP, Mr. Zimmermann is active as part of the SAP Customer
Experience management team, the most rapidly growing SAP business operating
area, initially with positions on the sales side. Since 2017, in his
function as CTO, Zimmermann has been responsible for all products and cloud
operations within the SAP Customer Experience area.

Andreas F.J. Obereder, founder, main shareholder and CEO of ATOSS Software
AG thanks Peter Kirn for his many years of very successful, trust-based
collaboration: "Our most sincere gratitude goes out to Peter Kirn, also on
behalf of the entire workforce! Through his experience, ideas and
personality, he has given us decisive support and helped to shape the
success of ATOSS. We wish him good health and boundless energy in the
future."

With regard to the future of ATOSS, Andreas Obereder is certain that once
the Supervisory Board has been constituted, Moritz Zimmermann, as its
Chairman, will successfully manage the Board and contribute his
comprehensive know-how for the benefit of the company: "We are looking
forward to working with Moritz Zimmermann and benefiting from his
entrepreneurial élan and his technical expertise. With him on the
Supervisory Board, we see ourselves well equipped for the future."

*Upcoming dates:*
25.11.2019 ATOSS at the German Equity Forum

*ATOSS*

ATOSS Software AG is a provider of technology and consulting solutions for
professional workforce management and demand-optimized workforce deployment.
Whether conventional time management, mobile apps, detailed workforce
forecasting, sophisticated workforce scheduling or strategic capacity and
requirement planning, ATOSS has just the right solution - both in the cloud
and on-premise. The modular product families feature the very highest level
of functionality, browser-based high-end technology and platform
independence. With more than 6,500 customers in 42 countries, ATOSS
workforce management solutions make a measurable contribution to increased
value creation and competitiveness. At the same time, they ensure greater
planning fairness and satisfaction at the workplace. Customers include
companies such as ALDI SÜD, Coca-Cola, Deutsche Bahn, Douglas, Edeka,
HUK-COBURG, Klinikum Leverkusen, Lufthansa, MEYER WERFT, Schmitz Cargobull,
Sixt, Stadt Regensburg, thyssenkrupp Packaging Steel and W.L. Gore &
Associates. Further information: www.atoss.com [1]

*Contact*

ATOSS Software AG

Christof Leiber / Member of the Board of Management
Rosenheimer Straße 141 h,
D-81671 Munich
Tel.: +49 (0) 89 4 27 71 - 0
Fax: +49 (0) 89 4 27 71 - 100
investor.relations@atoss.com

2019-11-06 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: ATOSS Software AG
Rosenheimer Str. 141 h
81671 München
Germany
Phone: +49 (0)89 4 27 71-0
Fax: +49 (0)89 4 27 71-100
E-mail: investor.relations@atoss.com
Internet: www.atoss.com
ISIN: DE0005104400
WKN: 510440
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
EQS News ID: 905921

End of News DGAP News Service

905921 2019-11-06


1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=7be99779515a1c2442edd41e232d6df9&application_id=905921&site_id=vwd&application_name=news


(END) Dow Jones Newswires

November 06, 2019 08:00 ET ( 13:00 GMT)
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