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Supervisory Board of update software AG decides acquisition in Poland

Ad-hoc release according to §15 WpHG

M&A, Supervisory Board

Supervisory Board of update software AG decides acquisition in Poland
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Vienna, Frankfurt, January 21, 2005 +++ The members of the supervisory board of update software AG, listed on the Frankfurt Stock Exchange and a leading vendor of customer relationship management (CRM) solutions, decided unanimously on the planned acquisition of a Polish CRM vendor at today’s supervisory board meeting.

The realization of the acquisition is scheduled within the first quarter 2005.

IR Contact:
Jochen Zemroser
update software AG
Operngasse 17-21
A-1040 Vienna
Tel: +43 1 878 55 512
Fax: +43 1 878 55 505
Jochen.Zemroser@update.com
www.update.com 
  
This is a translation from German into English.
Contact
Andreas Mössner
Investor Relations Manager



update software AG
Operngasse 17 - 21
1040 Vienna
Austria

Tel.: +43 1 878 55 512
Fax: +43 1 878 55 9512

e-mail
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