Prodware Enhances its Offer of Industry Solutions and Applications with the Acquisition of Capwan

PARIS, January 31, 2012 /PRNewswire/ --

Prodware, a key player in providing business applications and solutions for enterprises, acquires Capwan, vendor and integrator of the software solution Capvin, dedicated to the wine and spirits sector.

With this operation, the Prodware Group, already present with producers and wholesalers in the wine and spirits sector with its industry solution Prod'Wine & Spirits, expands its solution offer and client base.

Complete, ergonomic and powerful, the Capvin solution addresses companies of the sector (traders, cooperatives and producers) with only a few users to several hundred. In this niche, Capwan achieved in 2011 a turnover of over € 1 million, of which 40% was recurring contracts, in the Alsace, Aquitaine, Burgundy, Paca and Rhone-Alpes regions.

As part of its development strategy, Prodware will quickly capitalize upon this offer by:
-  industrializing its marketing and R & D,

-  expanding its direct distribution throughout France and in our 16 core countries,

-  offering it in indirect mode via the Microsoft partner network.

Consequently, as of September, the Capvin solution will become multilingual and also available in the "cloud".

It will be available on the P-Box, the unique solution developed by Prodware in partnership with Microsoft that enables SMEs to access a range of solutions including ERP, CRM, office automation and online collaboration tools at an extremely reasonable price, service included. Customers of Capvin will thus have a solution tailored to their needs, based on a powerful and secure platform, as well as the flexibility of the
P-Box, including its simple and cost efficient financing model (based on a monthly rent of the number of users).

"We are very pleased with this acquisition made under excellent conditions. It is part of the announced strategy of strengthening our position as a vendor/ISV and integrator of industry solutions and applications for industry, commerce, services and construction. Prodware thus confirms its position as a key player in the niche market for wines and spirits and has reached the critical size that allows it to industrialize this offer and launch internationally. We would like to thank the staff of Capwan for their strong motivation to join our business plan and objectives" concludes Philippe Bouaziz, President of Prodware.

About Prodware

Founded in 1989, PRODWARE Group (http://www.prodware.fr) creates, integrates and hosts IT solutions for businesses. Prodware acts in a sector where success requires a combination of strong IT expertise and industry know-how. Prodware serves more than 17 500 active clients, and is the key actor and partner for the installation and management of global IT solutions and applications. Present in 10 countries and internationally through strong strategic alliances the Group supports companies in their international expansion. Prodware has formed a strategic partnership with Qurius a Dutch partner and became in July 2011 the industrial shareholder of reference with 17.1% of the capital, with the objective of creating a leading software solutions and services company in EMEA.

ALTERNEXT - ISIN FR0010313486 - ALPRO - FTSE 972 IT Services

Prodware is FCPI eligible - As a responsible company, Prodware is a member of the Global Compact

SOURCE Prodware

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