Frequentis AG: FREQUENTIS acquires Austrian software company Groiss Informatics GmbH

Vienna / Austria (pta011/09.07.2024/10:06 UTC+2)

• Frequentis has acquired workflow specialist Groiss Informatics GmbH
• This acquisition strengthens Frequentis' position in the field of workflow management systems

Frequentis has acquired all shares in Groiss Informatics as of 1 July 2024. The company, based in Klagenfurt, Austria, specialises in workflow management systems and offers solutions and services in the workflow area.

As a long-standing partner of Groiss Informatics, Frequentis already uses the @enterprise product as a component for workflow automation in air traffic control.

"The automation of business processes is a key factor for growth and success in these fast-moving times. With the acquisition of Groiss Informatics GmbH, we are further expanding our expertise and portfolio in the area of workflow management systems and can also support customers in our other business areas in the efficient management of their workflows, especially in control centres," explains Norbert Haslacher, CEO Frequentis. "We warmly welcome the Groiss Informatics team to our company".

Acquiring Groiss Informatics enhances Frequentis' capabilities in workflow automation, currently in air traffic control with the plan to expand to other business units, by integrating the advanced @enterprise product. This strategic move allows Frequentis to further develop its expertise and offer more comprehensive workflow management solutions to its customers across various control centre applications.

"I am pleased to be putting our company in good hands after a very long relationship with Frequentis, with this software already being used in some innovative projects," says Herbert Groiss, Co-Founder and Managing Director Groiss Informatics.

About Groiss Informatics

Groiss Informatics is a software company specialising in workflow management systems. In addition to the product @enterprise, Groiss offers solutions and services based on it in the workflow area. @enterprise is a workflow management system based entirely on Internet technologies.

https://www.groiss.com

About FREQUENTIS

Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family company develops and markets its "control centre solutions" in the Air Traffic Management segment (civil and military air traffic control, air defence) and the Public Safety & Transport segment (police, fire brigades, emergency rescue services, railways, coastguards, port authorities). With a market share of 30%, Frequentis is the world market leader in voice communication systems for air traffic control. Frequentis is also the global leader in aeronautical information management and aeronautical message handling systems.

As a global player with around 2,200 employees (full-time equivalents/FTE), Frequentis has a global network of companies and representatives in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 49,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2023, revenues were EUR 427.5 million and EBIT was EUR 26.6 million.

Wherever Frequentis' systems are used, safety-critical operators bear responsibility for the safety of other people and goods. The company also works towards a more sustainable future through its air traffic optimisation solutions.

For more information, please visit www.frequentis.com.

Barbara Fuerchtegott, Head of Communications/Company Spokesperson
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631

Stefan Marin, Head of Investor Relations
stefan.marin@frequentis.com, +43 1 81150-1074

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Emitter:	Frequentis AG Innovationsstraße 1 1100 Wien Austria
Contact Person:	Stefan Marin
Phone:	+431811501074
E-Mail:	stefan.marin@frequentis.com
Website:	www.frequentis.com
ISIN(s):	ATFREQUENT09 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)
Other Stock Exchanges:	Regulierter Markt in Frankfurt