ots Ad hoc-Service: Syzygy AG <DE0005104806> syzygy AG WKN 510 480 syzygy AG to launch Mercedes-Benz Vaneo in the Internet
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syzygy AG (SYZ), the pan-European service provider for e-business solutions, is expanding its business relationship with DaimlerChrysler through the conclusion of a project order with a volume of over one million euro.
syzygy AG has been commissioned with the design and provision of services for the implementation of the Internet activities for the launch of the new Mercedes-Benz compact van "Vaneo". One of the special aspects in this respect is the execution of the concept for 10 European countries. A European cross office syzygy team is implementing the simultaneous availability of Internet content and Internet applications in several languages. The content is based on a content management infrastructure.
The launch of the Internet site for Vaneo will probably take place in time for the Geneva Autosalon in March. The project duration is around one year and will be conducted in a number of phases. The resulting revenue will mainly be realised by syzygy in the current business year and has, in the main, been included in the corporate planning.
By performing a number of projects for DaimlerChrysler, syzygy has confirmed its leading position in Europe as a service provider for companies in the automobile industry. Other clients from this industry are Alfa Romeo, Continental, FIAT, Lancia, Mazda Motors Europe and Siemens VDO. In addition to the automobile industry, syzygy focuses on the "financial services", "trade" and "telecommunication" sectors.
In the first nine months of 2000 the company posted sales of euro 13.2 million. In the past business year syzygy will generate sales of about euro 18 million. The general expectations for the business year 2000 will be fulfilled by the company according to provisional figures. For the 2001 business year the profitable e- business service provider plans to consistently continue its growth strategy and is targeting to post sales of some euro 28 million.
syzygy AG The Management Board
contact:
syzygy AG Joachim Sorg Investor Relations Im Atzelnest 3 61352 Bad Homburg Tel.: +49-6172-9488-0 Fax: +49-6172-9488-270 E-mail: j.sorg@syzygy.net
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