UNICOM Systems, Inc. acquires DETEC Software GmbH from Beta Systems Software AG
From left, Mr. Gernot Sagl, Board (CFO), Beta Systems Software AG, Mr Jürgen Herbott, CEO,
Beta Systems Software AG, and Mr. Corry Hong, Founder, President and CEO, UNICOM Systems, Inc.
Mission Hills, California and Berlin, Germany, July 13, 2012 – UNICOM Systems, Inc. (“UNICOM”), a global information technology company and part of the UNICOM group of companies, and Beta Systems Software AG (“BSS”), today announced that they have successfully completed a Share Purchase and Assignment Agreement whereby UNICOM shall acquire all shares in DETEC Software GmbH (“DETEC”), a wholly-owned limited liability company of BSS. Subject to authorities’ approvals, the acquisition will close and be effective July 31, 2012.
BSS’ CEO, Jürgen Herbott stated, “The sale of DETEC will allow Beta Systems to continue to focus on our core competencies in the light of our restructuring process and continuous strategic realignment.” Mr. Herbott continued, “We are impressed with UNICOM’s leadership, technology and ability to consummate such a global deal without delay.”
As a result of the acquisition, DETEC will be a wholly-owned subsidiary of UNICOM, a privately-held California-based company, and the most recent addition to the UNICOM group.
UNICOM’s Founder, President & CEO, Corry Hong stated, “I am very impressed with DETEC’s advanced and highly scalable document composition technology, especially, DoXite and LaserSoft products which automate the production, distribution and digitalization of document workflows in high performance customer and business environments. Together with UNICOM’s Columbus DMS suite, we are able to capture, manage, archive analytics processes and extract tangible value from the vast amounts of unstructured source data from diverse applications.” Mr. Hong continued, “Over 2.5 Quintrillion bytes of data are created daily, and it is predicted that the amount of traffic flowing over the internet will reach 667 exabytes annually by 2013. The addition of DETEC enables UNICOM to present enterprise-wide IT solutions including Application Modernization, Mobility, Cyber Security, Smart Computing, Big Data Analytics, Big Data Storage, Apache Hadoop Framework, Social Media Solutions, Hardware Appliances, Cloud Computing, Digital Imaging, Document Management, ITIL ITSM deployments, the Power 7 and zEnterprise.”
UNICOM believes that the product solutions and technical services and offerings of DETEC perfectly complement UNICOM’s Macro 4 Document Management Suite of Columbus software and further strengthens UNICOM’s commitment to the German and European IT market.
For more information, please contact:
UNICOM Systems Contact: Neil Watt
Beta Systems Software Contact: Arne Bassler
About DETEC Software GmbH www.detec.com
DETEC Software GmbH is a Ruesselsheim, Germany based provider of software and services solutions in more than 350 customer installations in the DACH region of Europe. DETEC was started in 1986 and quickly grew to become recognized as a premier developer of document based B2B & B2C communications solutions. Since 2009, DETEC has been a valued member of Beta Systems Software AG.
About Beta Systems Software, AG http://www.betasystems.com
Beta Systems Software, AG was founded in 1983 and listed since 1997 provides organizations of all sizes and industries with sophisticated infrastructure software. Faced with an increasingly demanding legal framework, companies are hard pressed to meet legal provisions while also needing to ensure that they operate as effectively as possible. BSS allows companies to efficiently perform complex audit, GRC and compliance tasks in a heterogeneous IT and business environment. BSS employs approximately 285 staff, and more than 1,300 customers all over the world are currently operating over 3,200 installations, relying on products and solutions from BSS to optimize their IT landscape and maximize security.
About Unicom Systems, Inc. www.unicomsi.com
UNICOM Systems, Inc., a division of the UNICOM group of companies, is a global leader in providing innovative software and solutions for the enterprise computing community. Through over three decades of continued development and commitment, UNICOM has redefined the economics and quality of automation for its customers, delivering a new era of collaboration, data management, data-warehousing, document management, outsourcing, integration, communications and commerce. UNICOM has been providing software solutions across multiple platforms to Global 2000 organizations in banking, finance, insurance, information technology, manufacturing, retailing, education and government.
About UNICOM® Global www.unicomglobal.com
UNICOM Global consists of twenty-one (21) corporate entities with offices in Los Angeles, Boston, Dallas, Virginia, New Hampshire, New Jersey, Germany, France, UK, Italy, Spain, Belgium and Switzerland. UNICOM focuses on acquiring and integrating mature and growing mid-cap companies traded on NASDAQ and on the exchanges in London and Germany in the technology, financing, real estate, and business services sectors. UNICOM offers deep in-house resources and flexible solutions to sellers worldwide, including privatization, core-products consolidation, IT assets alignments, management independence, integration matrix, and global business strategy.
For more information about the UNICOM® group of companies please go to
www.unicomglobal.com UNICOM Global holding company
www.unicomsi.com IBM mainframe systems products
www.gtsi.com Government IT solutions provider
www.macro4.com Document management solutions
www.softlanding.com IBM i software products
www.eden.com ITPowerPac solutions for Open Systems
www.illustro.com Internet enablement products
www.iet-solutions.com IT services management products
www.cics.com Outsourcing and corporate procurement
Forward Looking Statement
Except for historical information, all of the statements, expectations, beliefs and assumptions contained in the foregoing are “forward-looking statements” that involve a number of risks and uncertainties. All forward-looking statements are subject to certain risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements speak only as of the date hereof and neither Beta Systems Software nor UNICOM undertakes any obligation to update such forward-looking statements in the future except as required by law.