EANS-Adhoc: USU Software AG to take majority investment in social media company B.I.G.

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Mergers - Acquisitions - Takeovers/Company Information 20.12.2012

Möglingen/Berlin, December 20, 2012. USU Software AG (Frankfurt, Prime Standard, ISIN DE000A0BVU28), Möglingen, ("USU"), is acquiring a majority investment in B.I.G. Social Media GmbH, Berlin, ("B.I.G."), an international provider of software-as-a-service solutions for enterprise clients in the field of social media management. Effective December 20, 2012, USU will initially assume 51% of shares in B.I.G. The Management Board of USU intends to acquire B.I.G. outright within two years. For this reason, the parties have agreed reciprocal options that can be exercised until December 31, 2015. A total purchase price of between EUR 5 million and EUR 10.7 million has been agreed as part of the transaction. The exact price will be dependent on various factors, in particular B.I.G.'s EBIT in the years 2012 to 2014. The profitable company is forecasting sales growth for fiscal 2012 of over 50% to more than EUR 3 million. B.I.G. is also anticipating strong sales and earnings growth in the coming years. B.I.G. was founded in 2002 and currently employs around 40 people. Its well- known customers include global firms such as Audi, Bosch, Microsoft, Deutsche Post/DHL, Lufthansa, O2 and Viessmann. The aim of combining B.I.G. software with the knowledge database USU KnowledgeCenter is to create a further global USP in knowledge-based service management, to selectively expand the software-as-a-service (SaaS) range throughout the Group and, at the same time, to tap additional international growth potential for USU. The Management Board of USU and B.I.G.'s shareholders today signed the agreements on the sale of shares immediately after the Management Board and the Supervisory Board of USU approved the transaction. Further information on the acquisition and the projected figures will be announced by the Management Board of USU Software AG when it publishes the company's figures for 2012 in March 2013.

end of announcement euro adhoc =-------------------------------------------------------------------------------

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   December 20, 2012 10:58 ET (15:58 GMT)- - 10 58 AM EST 12-20-12