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ots Ad hoc-Service: AC-Service AG <DE0005110001> Definitive Contracts Signed on Sale of Distribution Solutions Business Division

Stuttgart (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
Clear Focus on IT Outsourcing, Human Resource Services and
Application Service Provision. Markedly favorable EBIT expected for
2000.
Stuttgart, 2 November 2000 - With the 31 October 2000 signing of
the definitive contracts on the sale of the Distribution Solutions
business division to bäurer AG in Hüfingen, AC-Service has taken a
decisive step forward in becoming an IT service provider focused on
IT Outsourcing, Human Resource Services and Application Service
Provision. The division, which posted sales of DEM 12.3 million in
the first six months of this financial year, was transferred to
bäurer with a business effective date of 1 October 2000, and
therefore will have no effect on sales for the last three quarters of
the year. AC-Service and bäurer have agreed on a price of 11,4 Mio
DEM. The resulting contribution is to be recognized in the profit and
loss account in the fourth quarter and is expected to lead to a
significantly positive EBIT for the 2000 financial year. AC-Service
will continue to place its strategic focus on IT Outsourcing, Human
Resource Services and Application Service Provision.
For further information, see www.ac-service.com
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