3U HOLDING AG: Cloud ERP provider weclapp on the way to internationalisation

Marburg (pta007/16.12.2019/08:00 UTC+1) _
* Establishment of a data centre in Switzerland supports the path to active internationalisation

weclapp SE, a subsidiary of 3U HOLDING AG (ISIN: DE0005167902), is making further progress along the path of internationalisation and is creating the basis for data storage in Switzerland for Swiss customers. Contracts to set up a data center with an operator in Zurich have now been signed.

Experience has shown that Swiss companies expect their data to be hosted in their own country. By extending the weclapp platform with a further data center in Switzerland, customers can now also select Zurich alongside Frankfurt for the storage of their company data. Like the weclapp platform itself, the new infrastructure is scalable and can be flexibly adapted to a growing number of users. Customers in the European Union will continue to have full access to the cloud capacities in Frankfurt, Germany.

Internationalisation, which has already begun, will be achieved by successively transferring the online marketing concept, which is being successfully employed in Germany, to selected European markets. The next steps will be taken into countries such as Austria, France, Great Britain, Italy, Spain, Poland and the Netherlands. In addition to online marketing, weclapp will build up an active network of partner companies in these countries, as is customary in the industry.

"The growth story of weclapp continues," says Ertan Özdil, CEO of weclapp SE. "Following the successful development in Germany, we will also market the strengths of our platform internationally as planned. weclapp was developed from the outset for worldwide use and is one of the most attractive ERP systems for medium-sized companies in terms of technology and price. There are no inherent barriers to growth. We are now taking the next logical step on our road to market leadership."

Further information:
Dr. Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax.: +49 6421 999-1222
E-Mail: IR@3U.net

About 3U:
3U HOLDING AG (www.3U.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.
3U HOLDING AG's shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

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Emitter:	3U HOLDING AG Frauenbergstraße 31-33 35039 Marburg Germany
Contact Person:	Dr. Joachim Fleing
Phone:	+49 6421 999-1200
E-Mail:	IR@3U.net
Website:	www.3u.net
ISIN(s):	DE0005167902 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate