infoteam Software is a stock corporation
23.06.2010, Bubenreuth, 23th June 2010
infoteam Software changed from a limited liability company to a joint stock corporation. So far, 10 employees have held all the shares. This offers more employees ownership participation in the company. Karl-Heinz John will be CEO of the newly formed infoteam Software AG. Up to now Karl-Heinz John was head of management of infoteam Software GmbH in Bubenreuth, Germany. infoteam owns subsidiaries in Switzerland and China.
Michael Sperber and Stefan Angele have both been members of the board of directors for several years. Together they will form the new management trio with John as Executive Chairman. Company founder Dr. Brendel will be seeing to the international business development especially for China and Switzerland. Furthermore he will be joining the Supervisory Board of the newly formed infoteam Software stock corporation as Chairman.
There are structural changes involved with the change of the company's legal form. infoteam is pooling its business into three units: Industry, Healthcare and Life Science. The sales department which used to be run centrally will now be integrated into the business units and therfore moves closer to the technical departments.
By pooling the know-how of technical staff, consultants and the sales department within the three new business units the company will be able to provide efficient and better customer-focussed service.
The subsidiaries in China and Switzerland are to be incorporated into the company group. Both companies see to their home markets more and more autonomously. infoteam‘s sales representative office in Beijing (founded 2005) is currently transformed into an "Engineering Office" and will soon be reformed into a wholly foreign owned enterprise (WFOE), a 100 % owned subsidiary. Yunhao Jiang will remain managing director.
"Our customer loyalty stays untouched. We will remain strong and reliable partners to our customers. This counts not only for Germany but even stronger in China and Switzerland. Business is built on personal trust." explains Karl-Heinz John.
Same targets. Just some alignments necessary.
“infoteam is proudly looking back onto very good business years in 2008 and 2009, despite the global economic crisis. Sales increased by 25,4 % in 2009. We achieved an average growth of 20% during the last seven years. Sales targets for 2010 aim high: we plan to reach 8.5 million Euros in 2010 – just for the Bubenreuth office, and we are on a very good path", says Karl-Heinz John. “The change of infoteam's legal form and the accompanying restructuring process will lay the foundation for our future success for the coming decades."
Pictures and company logo for download
www.infoteam.de/downloads/open/public/Pressemappe_AG-Umwandlung.rar
- Managing Board of infoteam Software AG (from right to left. K.-H. John, Michael Sperber, Stefan Angele)
- Karl-Heinz John, CEO infoteam Software AG
- Company logo
Über die infoteam Software AG
infoteam Software AG develops system software for industry automation, life science and healthcare sectors. The company was founded in 1983 and now has 120 employees based at three sites. infoteam Software is an employee owned company and all shares are currently held by ten employees.
In June 2010 the company changed into a joint stock corporation.
It specialises in the development of interactive software tools for MS Windows and Linux as well as embedded systems for use in industrial controllers, robotics, medical diagnostics and laboratory automation. Another important part of the company’s product portfolio is the software it develops for interactive human-machine interfaces (HMI) and communications applications such as CAN and Ethernet Powerlink.
infoteam Software’s customers include leading manufacturers based in Europe, the USA and the Far East from the fields of medical engineering, automation and power generation and supply. The company’s activities in the medical engineering sector focus on the development of editors for automated laboratory tests. Its professional, high-quality work guarantees the highest possible level of safety in an industry where this is so critical. In 2007, infoteam was awarded supplier of the year by Siemens Healthcare MR.
The company’s headquarters are located in Bubenreuth near Erlangen in southern Germany.
infoteam Software AG is the company’s wholly owned subsidiary in Stäfa, Switzerland.
infoteam Software Beijing/China is responsible for representing the company in the Asia-Pacific Region.
infoteam Software is certified in compliance with ISO 9001:2008.
For more information, please visit
www.infoteam.de.
www.infoteam.de
Press contact:
Michaela Finnie
Communication Manager
E-mail:
michaela.finnie@infoteam.de
infoteam Software GmbH
Am Bauhof 9
91088 Bubenreuth, Germany
Tel.: +49 (0) 9131-7800-829
Fax: +49 (0) 9131-7800-50
http://www.infoteam.de