IBS Group: More success on the acquisition front - C.O.S Group takes over web-based service provider

Höhr-Grenzhausen, Germany (ots) - The German-LuxemburgianC.O.S. Group belonging to IBS AG is today taking over 100% of thebusiness shares in ttt Technologie Transfer GmbH withheadquarters in Trier and Mainz. The company is a subsidiary ofthe German state Rhineland-Palatinate. It specialises in modern,web-based training methods. This acquisition will likely alreadyhave a positive effect on the company's earnings in the currentbusiness year.This will bring with it decisive competitive advantages for theC.O.S. Group through web-based services such as web-basedselling, web-based training and web-based consulting, throughwhich the planned internationalisation of marketing activity willbe substantially accelerated. Customers' frequent demand formodern training methods via the Internet can also be met.IBS Group is thus purchasing an ideal addition to alreadyexisting training facilities, creating a broader base for highquality growth throughout the entire corporate group.Dr. Klaus-Jürgen Schröder, Chairman of the Board of IBS AG, seesthe benefit to the company as follows: "The use of the mostmodern training methods is an extremely important qualitycharacteristics for the commercial application of high-gradesoftware. We can now increase our training offer to all customerswithin the company, which represents a clear improvement inmarket position."ttt Technologie Transfer GmbH was established in 1986 andcurrently has more than 30 highly qualified employees.Contact:IBS AGErik Massmann (CFO)Birgit Reichel (Investor Relations)Rathausstraße 56D-56203 Höhr-GrenzhausenPhone: +49-(0)2624-9180-415Fax: +49-(0)2624-9180-670erik.massmann@ibs-ag.debirgit.reichel@ibs-ag.dewww.ibs-ag.de

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