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ots Ad hoc-Service: itelligence AG <DE0007300402> Strategic cooperation with Heiler Software AG for the development of B2B marketplaces

Frankfurt (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
itelligence establishes venture capital company and acquires
interest in Heiler AG
itelligence AG and Heiler Software AG,
which yesterday announced its planned IPO in the Neuer Markt, have
signed a strategic cooperation agreement. Based in Stuttgart and Palo
Alto, USA, Heiler Software AG is a technologically leading supplier
of complete solutions for Internet-based B2B marketing platforms. The
cooperation will extend across different levels. The two e-business
specialists have already established competence centres for the
development of new e-business technologies. In addition to this
technological cooperation, combined teams of the two companies are
already working on the installation of vertical marketplaces at key
accounts, implementing their first joint developments. Rolf J.
Heiler: "Catalogues are the core of any e-business solution. Together
with itelligence, we are now developing a catalogue which is truly
unique in terms of the services provided and which we expect to make
us the leading supplier in this segment in the short term." For a
period of two years, itelligence will hold the exclusive marketing
rights in the new software.
To support the cooperation, itelligence will also acquire a 4%
venture capital interest in Heiler AG prior to the company's IPO
through its recently established venture capital arm. Other renowned
investors in the company include Bankhaus Julius Bär (1.9%), SAP
(9.4%) and venture capitalist 3i Group (23.4%). In the context of its
corporate venture capital activities, itelligence AG will acquire
interests in other young technology-based companies in the B2B
sector. Heiler currently employs approx. 100 people. Apart from SMEs,
the company's customer base includes large organizations such as
DaimlerChrysler Aerospace, Hochtief, Boehringer Ingelheim,
Heidelberger Druck and Deutsche Bundesbank. Technology partners are
IBM, Oracle, SAP and Siemens. The digital platforms developed by
Heiler include "quiBiq.de", one of the largest Internet marketplaces
(more than 100,000 products), which also offers the most
comprehensive functions.
itelligence's process know-how and Heiler's marketplace technology
perfectly complement each other. The shared competence centres and
customer projects help itelligence optimize its e-business competence
spectrum, while Heiler's know-how technologically strengthens the
company on the buy side of e-business-solutions. On the sell side, it
complements, among others, the cooperation with Intershop. In turn,
both expand and round off the two itelligence core competencies as an
e- business integrator: the comprehensive SAP/MySAP experience in
standard software and itelligence's proprietary individual software
technologies (e.g. own Java framework for the customization of
interactive web applications).
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