Agilisys Acquires Varial, a Leading International Provider of Financial and HR Software Solutions

ATLANTA AND HAMBURG, 22 Mar. (OTS) -

Agilisys Inc., the leading supplier of enterprise software solutions to select manufacturing and wholesale distribution verticals, is pleased to announce that it has acquired Varial Software AG. Headquartered in Hamburg, Germany,Varial is a leading international provider of financial, controlling,and human resources software. The acquisition will enable Agilisys to integrate a proven financials and HR solution suite with its product portfolio while enabling Varial and its existing network of partners and customers to benefit from the global infrastructure that Agilisys can provide.

"Varial offers world-class financial and HR solutions with global capabilities that can be integrated seamlessly across Agilisys'platforms and customer geographies," said Jim Schaper, Chairman and CEO of Agilisys. "The addition of a proven product set capable of serving companies of all sizes from a wide variety of industries will be a significant benefit to our customers and provide a competitive advantage for Agilisys. We look forward to working with Varial's experienced management team, dedicated group of employees and strong partner network."

Varial markets its solutions through a network of value-added resellers who serve different geographies, industries, and company sizes, enabling them to provide a mature product with broad functionality. The company will operate as a separate business unit of Agilisys and continue to develop and strengthen its existing relationships with resellers and customers outside of the Agilisys Discrete, Process and Wholesale Distribution Business Units.

"This acquisition will allow Varial to benefit from the global infrastructure and resources that Agilisys provides, while enabling us to continue supporting our existing relationships with resellers and customers," said Friedel Schwardtmann, CEO of Varial. "Wewelcome the opportunity to become part of a world-class organization like Agilisys and look forward to the opportunities ahead."

Varial is currently serving customers in 10 countries and has over 30,000 users in the manufacturing, wholesale distribution, and publicadministration industries. Their software supports all common platforms and databases.

About Agilisys

Agilisys is a global provider of enterprise business solutions toselect manufacturing and wholesale distribution industries. Our deepfocus on selected vertical markets enables us to provide solutions that solve problems and address industry-specific challenges in waysthat others cannot. The result is a tangible return on investment and increased competitive advantage for our customers. Agilisys offers best-in-class, enterprise-wide software solutions that address the specific needs of our targeted verticals in areas such as supplychain planning, relationship management, demand management, ERP,wholesale distribution, and business intelligence. We are proud toprovide business solutions to some of the world's largest and most respected companies, including TRW, ArvinMeritor, TI AutomotiveGroup, Magna International, Siemens Automotive Systems, 3M Unitek, Faurecia and Meridian, Denso, Dana, Cargill, Unilever, Heinz, Heineken, Godiva, Organon, Valvoline, GlaxoSmithKline, and BristolMyers Squibb. For more information, visit www.agilisys.com.

About Varial

Varial Software AG is a leading international manufacturer ofcross industry financial, controlling, and human resources software.

Varial's products are composed of modules that allow for a simple add-on of functionality, thus enabling companies of all sizes from awide variety of industries to benefit from the company's solutions.

Varial's products can be adapted to the specific requirements of each customer, and they support all common platforms and databases. These products are currently at work in over 5,000 small and medium-sized enterprises and public administrations in 10 countries with over 30,000 users in manufacturing, wholesale distribution, services, and public administration.

Source: Agilisys

Contacto: BRAIN Industries GmbH, An Agilisys Company, Tanja Hossfeld, Kesselstraße 17 D-70372 Stuttgart-Wangen, tel. +49 (0)711-3 89 61-0, email tanja.hossfeld@agilisys.com

Web page: http://www.presseportal.de

www.agilisys.com

Trimedia München GmbH Victoria Rauh Grimmstrasse 1 D-80336 München, tel. +49 (0)89-76 77 35-0, email victoriarauh@muc.trimedia.de www.trimedia.de