Business Services Industry

Software AG Appoints McKinsey Partner Holger Friedrich to the Management Board

Business Wire, Sept 2, 2008

RESTON, Va. -- Software AG, a global leader in business infrastructure software, has appointed Holger Friedrich to the Management Board with responsibility for global professional services. Mr. Friedrich brings fifteen years of leadership experience from within the professional services industry and will join the company as of October 1, 2008. Previously, Mr. Friedrich served with McKinsey & Company, SAP AG and SPM Technologies GmbH.

"This is a significant appointment in light of the trends within the business process management and service-oriented architecture markets," said Software AG CEO Karl-Heinz Streibich. "Customers increasingly require high-level consultancy services within strategic SOA and BPM projects. We already have an industry leading product portfolio. By strengthening our complimentary consulting and professional services, we can increase the value of this product offering to our customers."

Mr. Friedrich co-founded SPM Technologies GmbH in 1994 and led the company's growth as CEO to over 250 employees. SPM Technologies specialized in IT architecture and system integration consulting services and was acquired by SAP SI in 2003. After two years as a senior vice president with SAP AG, Mr. Friedrich joined McKinsey & Company as partner responsible for the European IT Architecture Practice.

About Software AG

Software AG is the world's largest independent provider of Business Infrastructure Software. Our 4,000 global enterprise customers achieve business results faster by modernizing, integrating and automating their IT systems and processes. As a result, they rapidly build measurable business value and meet changing business demands. Based on our solutions, organizations are able to liberate and govern their data, systems, applications, processes and services - achieving new levels of business flexibility.

Our leading product portfolio includes solutions for high performance data management, developing and modernizing applications, enabling service-oriented architecture, and improving business processes. By combining our technology with industry expertise and best practices experience, our customers improve and differentiate their businesses - faster.

Software AG has almost 40 years of global IT experience and over 3,600 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of [euro]621 million in 2007.

Software AG - Get There Faster

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