Legal grounds: Art. 56 sec 1 p 1 of the Act concerning public tenders ?confidential information.
Quantum software SA?s Management Board hereby informs that on 3rd March, 2009 has purchased by increase of share capital, shares in ?CNT Poland Consulting Sp. z o. o.? (named further ?the Company?) seated in Warsaw.
Subject of the contract is increase of the share capital from Euro 70.000 up to 400.000 Euro through establishment of 3.300 new, undivided and equal shares with face value 100 PLN each, it means value of 330.000 PLN, where the shares are cover as follow:
(i) Quantum software SA include shares of 2.000 with value 200.000 PLN and covered in total with money contribution of 235.000 PLN, where as 200.000 PLN will be paid to share capital and 35.000 PLN is agio and paid for spare capital of the Company.
(ii) CNT International Consulting GmbH seated in Vienna (Austria) include shares of 1.300 with value 130.000 PLN and covered in total with money contribution of 564.000 PLN, where as 130.000 PLN will be paid to share capital and 434.000 PLN is agio and paid for spare capital of the Company.
With reference to share capital increase, the Company name is changed to ?CNT Quantum Sp. z o.o.? seated in Krakow. The business core are service delivery in area of SAP on Polish market and Eastern Europe. Quantum software Partner, CNT Group seated in Vienna is prestigious consulting services delivery in SAP area in Austria, Germany and other CEE countries.
After assets purchase, Issuer possesses 50 % of CNT Quantum Sp. z o. o. share capital, authorizing to 50 % of votes at General Meeting of Shareholders. The source of financing of purchased assets is Issuer?s.