ALSO Holding AG
SIX : ALSN

ALSO Holding AG

July 21, 2016 11:03 ET

RETRANSMISSION: ALSO expands to enterprise cloud services in partnership with CANCOM

ALSO expands its offering with the CANCOM AHP ENTERPRISE CLOUD (AHP) and now is the first marketplace to introduce these widely used enterprise cloud services with seamless, automated delivery. Convinced by the advantages of the solution ALSO will also implement the suite in its own organisation for roughly 4000 users.

EMMEN, SWITZERLAND--(Marketwired - July 21, 2016) - "Enterprise customers from 250 users and up face the challenge to build an integrated yet efficient, secure and scalable IT-environment. With AHP customers benefit from a fully automated virtual workplace solution without having to compromise in usability, performance or user specific applications. This offering helps our resellers to step up in the value chain and deliver a complete and seamless solution to their customers", said Prof. Dr. Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX:ALSN).

AHP brings together both public cloud services and customers' legacy applications in one, integrated and automated suite while offering comprehensive data transparency. Customers can provide their employees an always-on desktop experience with the highest security standards and user experience while benefitting from a perfectly transparent overview of IT-costs - down to the smallest granularity.

"We are very excited to partner with ALSO, the leading European solutions aggregator. Together we will enable resellers worldwide - initially excluding Germany - to higher value business in the cloud era with our AHP solution. We are happy to start the international expansion together with ALSO," said Rudolf Hotter, COO, CANCOM Group.

AHP will be available soon in the ALSO Cloud Marketplace in Switzerland, Norway, Sweden, Denmark, Finland and Eastern Europe. For further information and access to the ALSO Cloud Marketplace, please visit: www.also.cloud.

Direct link to the press release: http://www.also.com/goto/20160720en

ALSO Holding AG (Emmen/Switzerland) brings providers and buyers of the ICT industry together. The company offers services at all levels of the ICT value chain from a single source. In the European B2B marketplace, ALSO bundles logistics services, financial services, supply services, solution services, digital services, and IT services together into individual service packages. ALSO's portfolio contains more than 160 000 articles from some 350 vendors. The Group has around 3 600 employees throughout Europe. In fiscal year 2015 (closing on December 31), the company generated net sales of 7.8 billion euros. The majority shareholder of ALSO Holding AG is the Droege Group, Düsseldorf, Germany. Further information is available at www.also.com.

Droege Group

(Major shareholder)

Droege Group (founded in 1988) is an independent consultancy and investment company under full family ownership. The company acts as a specialist for tailor-made restructuring programs with the aim of enhancing corporate value. Droege Group combines its corporate family-run structure and capital strength into a family-equity model. The group carries out direct investments in corporate subsidiaries and medium-sized companies in "special situations" with the use of equity. The motto of "The Art of Implementation" has made the group into a pioneer among hands-on implementation-oriented consultancies. Droege Group demonstrates its implementation excellence daily within its own portfolio. The seven corporate platforms which exist at present are aligned to the current megatrends (mobility, prevention, digitalization, demography, etc.). Enthusiasm for quality, innovation and speed determines our actions. In this way Droege Group has successfully gained a position in the domestic and international markets and operates with over 120 companies in 30 countries. In 2015 the sales volume of Droege Group was 9.2 billion euros.

More information: www.droege-group.com

Cancom

As a Cloud Transformation Partner, systems integrator and managed services provider, the CANCOM Group delivers a forward-looking, business-oriented range of solutions, providing significant added value for companies' business success. Its own cloud solution for enterprises makes CANCOM the first mover in the emerging cloud computing market and allows it to introduce its customers to the New Way of Computing with analysis, consulting, implementation and services, making it an IT- and business-transformation partner for its clients. The internationally active group of companies with its approximately 2,700 employees and a powerful partner network ensure presence and proximity to clients for example in Germany, Austria, Switzerland, Belgium and the United States, among other locations. CANCOM SE, which is listed on the TecDAX and based in Munich, is headed by Klaus Weinmann (founder and CEO) and Rudolf Hotter (COO). The group achieves annual sales revenues of more than 930 million euros.

More information: www.cancom.com

Disclaimer

This press release contains forward-looking statements which are based on current assumptions and forecasts of the ALSO management. Known and unknown risks, uncertainties, and other factors could lead to material differences between the forward-looking statements made here and the actual development, in particular the results, financial situation, and performance of our Group. The Group accepts no responsibility for updating these forward-looking statements or adapting them to future events or developments.

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