COMPAREX Establishes Subsidiary in the US

LEIPZIG, Germany, May 14, 2013 /PRNewswire/ --

Having already established successful operations in Europe, Asia and Africa, the COMPAREX Group - one of the leading IT service providers in the area of software licensing and license management - will now also develop the North American market with its newly established subsidiary COMPAREX USA. A team with experience in the local IT market and under the management of John Havlick, Executive Vice President of COMPAREX, has commenced business operations as of February. The goal of COMPAREX USA is to directly support its existing corporate customers in the world's largest IT market.

"Our strategy of expanding the geographic development of our company is of great benefit to our international corporate customers who have presence in the US market, as we can now provide them local support," says Hansjörg Egger, CEO of COMPAREX AG.

The portfolio of COMPAREX USA includes software provisioning, license management and technical product consulting for more than 3,000 software vendors, as well as consultation and services. The company maintains strategic partnerships with leading software vendors using its established, global supply chain. Additionally, COMPAREX, a German-based company, employs innovative and established ERP-oriented processes and tools, all of which result in offering our customers best-in-class service.

John Havlick believes the expansion is a natural extention of the company's global reach. "We see this as the perfect time to expand our presence into the US market. COMPAREX is one of the leading software license management companies, and we already manage a substantial business volume in the United States through the use of partners. The region makes up the world's largest IT market and drives innovation across the sector. This expansion aligns perfectly with our strategy of internationalization and providing our customers with unparalled service."

With its new subsidiary in Northeastern United States, the COMPAREX group is now present in one of the most important and economically active regions of the country.

About COMPAREX

COMPAREX is a global IT service provider specializing in software procurement, license management and technical product consulting. With a track record spanning thirty years, COMPAREX serves public-sector bodies as well as SMEs, industrial companies and large international corporations. Its portfolio includes software licenses from more than 3,000 vendors as well as consultancy and professional services. The COMPAREX Group employs around 1,800 people at more than 75 sites in 29 countries across Europe, Asia, Africa and the Americas. In fiscal 2012/13 the Group generated revenue of €1.191 billion. For further information, please visit http://www.comparex-group.com.

Contact:
Janine Stoye
Corporate Communications Manager
Tel: +49-341-25-68-171
Fax: +49-341-25-68-999
Email: [email protected]

SOURCE COMPAREX Deutschland AG