Quanmax AG plans majority acquisition in S&T AG

Quanmax AG / Key word(s): Acquisition05.09.2011 17:05Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Together with grosso Holding GmbH (Vienna) as a financial partner, themanagement of Quanmax AG (Linz) has signed a term sheet today forsubscribing to about 80 percent stake in S&T AG (Vienna).The term sheet defines the conditions of entry into S&T as part of acapital increase as well as the restructuring of financial liabilities. Thetransaction is subject to conditions that include the consent of the S&Tshareholders, the consent of the necessary committees and Monopolies andMergers Commissions as well as the granting of restructuring privilege bythe Acquisition Commission.The entry into S&T is an important step for Quanmax in implementing theplanned expansion into the East. S&T AG is already active in nine EastEuropean countries as a well known IT solutions provider and can access theentire Quanmax range of products in the future. Quanmax assumes that S&Twill break even in 2012 because of the extensive synergies.05.09.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Quanmax AG Industriezeile 35 4021 Linz AustriaPhone: +43 (732) 7664 - 0Fax: +43 (732) 7664 - 801E-mail: ir@quanmax.agInternet: www.quanmax.agISIN: AT0000A0E9W5WKN: A0X9EJListed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------