exceet Group AG signs Legal Agreement to acquire AuthentiDate International AG

AuthentiDate International AG extending the exceet Group AG portfolio ideally

St. Gallen (Switzerland), Düsseldorf (Germany), March 17, 2011  - exceet Group AG, one of the leading suppliers of embedded electronic and security solutions, has signed a legal binding agreement to acquire AuthentiDate International AG including its subsidiary company AuthentiDate Deutschland GmbH on March 9, 2011.

As one of the leading international suppliers of secure business processes, AuthentiDate International AG with its portfolio consisting of software for electronic signatures, date stamps, services and advisory services in the field of IT security ideally complements the Embedded Electronics und Security Solutions House exceet. AuthentiDate International AG is one of the few certification service providers accredited by the German Networks Agency in accordance with the German Signature Law and the EU Directive on Signatures and operates a trust centre wholly dedicated to qualified date stamps. This service, the international established software products, SIGNAMUS Cloudservices, authentication technologies and the comprehensive consultancy know-how regarding IT security as well as electronic health card infrastructures creating a comprehensive Embedded Security Solution offering for both company’s customers.

“The technologies, solutions and know-how perfectly enhance our offering ideally”, Ulrich Reutner, CEO of exceet Group AG is stating. “Software & services lie at the heart of our company’s growth in the field of embedded security solutions. Our customers will benefit from the newly acquired skills particularly in the business segments medical technology, financial services, government (the public sector), security, avionics and industrial automation. Especially the authentication technology will not only enhance our current Embedded Security Solutions offering, it will have a significant impact on developing new products.“

“We are delighted that we have found in exceet Group AG a shareholder that perfectly complements our range of products and solutions and that will support our growth”, added Jan C. Wendenburg, CEO of AuthentiDate International AG. “Moreover, exceet Group AG’s international presence ideally matches our international orientation and global client base. This step enables us to continue with our existing long-term customer relationships while actively expanding international business relationships and new customer projects.“

About exceet Group AG
exceet Group AG is made up of 12 separate companies in five countries and is specialised in the field of embedded electronics and security solutions. Its product spectrum ranges from smart cards through to complex electronic modules and systems. The European technology group today looks after the interests of customers in the fields of access, medical technology, payments, industrial automation, medical, avionics, loyalty, data communication, government and public services.

Further information on exceet Group AG may be found under www.exceet.ch

About AuthentiDate International AG
AuthentiDate International AG (www.authentidate.de) is one of the leading providers in the fields of "Secure Data Exchange" and "Secure eHealth“.
As the inventor of the central mass signature, AuthentiDate International AG offers efficient and innovative eInvoicing business process solutions, software, services and consultancy services using electronic signatures and time stamps. AuthentiDate International AG software products and web-services (SaaS) have been used for years by leading global companies such as AIRPRODUCTS, ALCATEL LUCENT, BOSCH, DOW Chemical, E.ON, EnBW, JOHN DEERE, JP MORGAN BANK, METRO, TÜV, TELEKOM and UNITED INTERNET etc. Within the AuthentiDate International AG eInvoicing Network millions of electronic invoices are processed each day.

AuthentiDate International AG is a certification service provider, certified by the German Federal Network Agency and operates a Trust Center in accordance with the German signature laws. Compliance with the strict requirements of the German signature law is proven through a testing and confirmation of the signature law, which includes fulfillment of the EU directive.