Press Release
Zurich, 12 January 2021
CREALOGIX hives off service business in Coburg
As part of its focus strategy, CREALOGIX has decided to hive off the product implementation of CREALOGIX BaaS GmbH & Co. KG from January 2021. For this purpose, the company Coperitus GmbH was founded in the course of a management buyout. As a result, around 50 employees will transfer to Coperitus from January 2021, which will continue the service business as CREALOGIX's implementation partner.
With around 70 employees, CREALOGIX BaaS GmbH & Co. KG will remain an important CREALOGIX location and will continue to develop the business with the data centre in its current form with a focus as a SaaS provider (Software as a Service). In future, the service business will be taken over by the newly founded implementation partner, Coperitus GmbH. The main owners will be Markus Schäferhoff and Klaus Paul, who previously held management positions at the Coburg location. Both have been with the company for around 25 years. Coperitus will continue the existing service business in 2021 as a subcontractor of CREALOGIX and from 2022 with direct customer support. At the same time, a long-term cooperation was agreed between CREALOGIX and Coperitus in the German-speaking region.
Oliver Weber, CEO of the CREALOGIX Group, is convinced: "This hiving off will guarantee a complete transfer of knowledge in terms of our customer orientation. We wish our colleagues at Coperitus GmbH a good start under their own name and look forward to continuing the cooperation in its new form."
Markus Schäferhoff, Managing Director of Coperitus GmbH, says: "We are looking forward to the new start and are confident that we will be able to continue to serve existing customers optimally with our high service quality. We also see potential for growth beyond CREALOGIX's current client base as a focused service provider."
About CREALOGIX
The CREALOGIX Group is a Swiss Fintech 100 company and is among the global market leaders in digital banking. CREALOGIX develops and implements innovative fintech solutions for the financial institutions of tomorrow. Using digital solutions from CREALOGIX, banks, wealth managers, and other financial institutions can better respond to evolving customer needs in the area of digital transformation, enabling them to hold their grounding a very demanding and dynamic market and remain ahead of their competitors. The group, founded in 1996, has about 660 employees worldwide. The shares of CREALOGIX Group (CLXN) are traded on the SIX Swiss Exchange.
Media contact CREALOGIX Holding AG Media Office E-mail: media@crealogix.com Phone: +41 44 295 90 41 | Contact for Investor Relations Daniel Bader CFO E-mail: daniel.bader@crealogix.com Phone: +41 58 404 81 81 |
The economic projections and predictions contained in this information relate to future facts. Such projections and predictions are subject to risks, uncertainties and changes which cannot be foreseen and which are beyond the control of CREALOGIX Holding AG. CREALOGIX Holding AG is therefore not in a position to make any representations as to the accuracy of economic projections and predictions or their impact on the financial situation of CREALOGIX Holding AG or the market in the securities of CREALOGIX Holding AG.
This document does not constitute an offer or invitation to subscribe for or purchase any securities. It is not being issued in countries where the public dissemination of the information contained herein may be restricted or prohibited by law. In particular, this document is not being issued in the United States of America and should not be distributed to U.S. persons or publications with a general circulation in the United States. Any non-compliance with such restrictions may result in an infringement of U.S. securities laws. Securities of CREALOGIX Holding AG ('COMPANY') are not being publicly offered outside of Switzerland. In particular, the securities of the company have not been registered under the U.S. securities laws and may not be offered, sold or delivered within the United States or to U.S. persons absent the registration under or an applicable exemption from the registration requirements of the U.S. securities laws. This document does not constitute a prospectus according to article 652a or article 1156 of the Swiss code of obligations or article 27 et seq. of the SIX Swiss Exchange listing rules.
