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ots Ad hoc-Service: Cenit AG <DE0005407100> m-commerce in the automobile industry
Strategic Co-Operation between CAA and Cenit

Stuttgart (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
CAA and Cenit, two companies quoted on the Neuer Markt are
entering into a substantial strategic co-operation which will focus
on the m-commerce market.
This co-operation will make driver-friendly and fully integrated
mobile services and office applications available for the car and the
driver in the near future. Thanks to the very close co-operation
between these two companies and the automobile industry, very high
synergies and great growth potential are being created. This means
(auto)mobile communication and information at any time and at any
place.
CAA AG, a company quoted on the Neuer Markt, the market leader in
technology for the development of driver information systems, and
Cenit AG, the specialist for web-based server technologies, security
and applications for the Internet, see through their co-operation an
ideal complementation of one another and an outstanding positioning
of their companies in a rapidly growing m-commerce and m-service
market.
CAA AG's know-how lies in the development and implementation of
complex integrated driver information systems on the basis of the CAA
software platform. These systems provide a number of centrally
controllable functions and applications. With the integration of the
most recent standards in transmission technology - such as HSCSD,
GPRS and UMTS - CAA makes today's and tomorrow's mobile communication
possible in vehicles.
Cenit will deliver the complete infrastructure, the safety systems
and the software platform for developing and operating m-commerce
applications in the car. Another aspect of the co-operation agreement
is know-how transfer and the delivery of basic technologies. In
connection with this co- operation, an initial volume of sales in
excess of EUR 5 million is expected. CAA and Cenit will rely on IBM
e-business technologies.
End
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