All for One Steeb AG and Fiducia IT AG Planning Market Partnership / Ad-hoc

The aim is to complete the negotiations in the 1st quarter of 2013

Filderstadt, 05 February 2013 – All for One Steeb AG and Fiducia IT AG, Karlsruhe, are in negotiations about a long-term collaboration on the SAP market. Parts of the SAP midmarket business of Fiducia’s subsidiaries Orga Gesellschaft für automatische Datenverarbeitung mbH and Orga Consulting GmbH, both based in Karlsruhe, are to be taken over by All for One Steeb AG. Furthermore, Fiducia and All for One Steeb also want to support each other in acquiring new customers.

For All for One Steeb AG, the market partnership being sought would further strengthen its SAP outsourcing and application management business. The additional annual revenues from this arrangement are expected to total an initial amount of EUR 8 to 9 million. The aim is to complete the negotiations in the 1st quarter of 2013.