PC-Ware in the Far East - Subsidiary Established in the People's Republic of China.

PR Newswire Europe, March, 2007

LEIPZIG, Germany, March 26 /PRNewswire/ -- PC-Ware Information Technologies AG (DAX:PCW), one of the leading European IT service providers, announces the foundation of a branch office in the Chinese Silicon Valley in Peking. The start-up with 6 German and Chinese employees trained in the German headquarters is expected to make around 5 million Euro in the first financial year.

"We have been maintaining business relations for several years now and have prepared our entry into the Chinese market thoroughly. Over 20 percent of our corporate clients own subsidiaries or participations in China that expect a trustworthy partner locally. We are now able to offer these companies our on-site services at the familiar high-quality level", said Dr. Knut LE[micro]schke,...

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