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Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud. We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
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USU Software Acquires LeuTek to Extend Business Service Management Portfolio
USU Software Acquires LeuTek to Extend Business Service Management Portfolio

MOGLINGEN, Germany, November 9 /PRNewswire-FirstCall/ -- The German USU Software AG (ISIN: DE000A0BVU28) has acquired the Systems and Service Management Software company LeuTek. The Management Board of USU and the shareholders of LeuTek have completed the corresponding contract of sale. The software company LeuTek is a manufacturer of standard software in the system and process management sector. LeuTek and USU are thus strengthening their market positions with the complementary range of services in the growth market of business service management (BSM). Peter O'Neill, principal analyst of the market research company Forrester, also responded positively to the news, "USU's Valuemation product already has the beginning of a business service management solution - the latest version of its configuration management database (CMDB) can document business services and their relationships to infrastructure assets. The addition of the LeuTek software will enable a much better real-time, end-to-end, monitoring of the business service performance."

LeuTek's major customers such as Allianz, BMW, Commerzbank, Deutsche Bundesbank, ENBW, LBBW, SwissCom and T-Systems use LeuTek basis systems for monitoring IT operations. The ZIS system, ZISGUI and ZISSLM monitor, visualize, automate and control all the systems and processes required for IT operations.

Valuemation, the IT Management suite from USU, combines the entire commercial, strategic and technical knowledge of IT on one platform. With Valuemation, companies such as BMW, Swiss Re, Allianz, Deutsche Telekom, Deutsche Post, Ferrovie dello Stato, MAN, MTU, Poste Italiane, and Wüstenrot & Württembergische use Valuemation, the modern application platform for comprehensive IT management, which is easy to customize and quick to implement. This enables them to precisely determine the state of their IT portfolio while enabling the easy control of both IT assets and costs. According to an analysis by the market research company Forrester in summer 2006, USU is one of the world's five leading manufacturers in the IT asset management sector. Also, in their current report "Technology Fast 50", auditors from Deloitte confirm that the company is one of the fastest-growing technology companies in Germany.

This USU growth strategy is now to be continued jointly with major emphasis the international marketing of the overall portfolio. The product lines of both companies complement each other perfectly, and will form an integrated and powerful software suite for business service management - through individual modules such as Service Management, Asset Management and Costing and Charging, to name a few or as an overall financial and IT management far reaching solution. Using this extended portfolio, IT managers are able to optimize the strategic deployment of IT and alwaywhile receiving key and easy to customize information for business management and control. In this manner Valuemantion enables a sustainable contribution for increasing the value of the enterprise. Valuemation addresses the full range of the de-facto standard ITIL (IT Infrastructure Library) - from configuration management through incident, problem, change and service level management to availability management. While these are out of the box processes, our customers have been customizing 5% to 20% of these during the very few weeks needed for system implementation.

"Our strategic and commercial targets will be further secured with this transaction. Together, we will also benefit at international level from the wider product range and the larger customer base," commented Bernhard Oberschmidt, CEO of USU Software AG.

USU. The Knowledge Business Company

USU has been creating value for its customers for more than 25 years by offering innovative IT products and customized application solutions. In the field of IT cost and asset management, analysts consider USU to be one of the leading players worldwide. Through its long-standing customer relationships USU is closely associated with market-leading businesses. USU Software AG is listed in the Prime Standard segment of the German Stock Exchange (ISIN DE000A0BVU2). USU products are distributed among others by partners such as EDS Global Field Services (UK, Benelux), Datamat (Italy), Paul Larry Partners (USA, Mail: l.graham@usu-ag.com). Further information is available at http://www.usu-ag.com/

Contact: Thomas Gerick Phone: +49-71414867440 E-Mail: t.gerick@usu.de

USU Software AG

CONTACT: Contact: Thomas Gerick, Phone: +49-71414867440, E-Mail:
t.gerick@usu.de

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