Co-operation agreement

Eurovestech PLC
19 October 2007


                                                                 19 October 2007

 

                                EUROVESTECH PLC                                 
                        ('Eurovestech' or the 'Company')                        

                   KSS signs co-operation agreement with SAP.                   
                                                                               
Eurovestech's subsidiary Knowledge Support Systems Limited ('KSS') has concluded
a co-operation agreement with SAP AG ('SAP'), the world's largest business
software company, which will integrate KSS pricing technology into SAP software.

KSS will supply its RackPrice technology, which predicts and analyses wholesale
price changes, into SAP's enterprise portals. The KSS PriceNet system, which
analyses retail price movements, will be supplied to SAP's IS-Oil offering. Both
systems enable petrol retailers to optimise prices.

Eurovestech Chief Executive Richard Bernstein said 'I am delighted that KSS has
concluded an agreement with one of the world's leading software companies. I
believe this has the potential to deliver a substantial increase in sales for
KSS. It follows extensive testing of the performance of KSS technology and is a
vote of confidence in the company's potential. This is a highly significant step
for KSS.'

Notes:
SAP is the world's largest business software company and a pioneer of enterprise
resource planning . Founded in 1972, it serves more than 41,000 corporate
customers in more than 120 countries. In 2006 it had 39,300 employees and
revenues of €9.4billion (£6.4billion).
KSS is the leading supplier of pricing intelligence and price optimisation
solutions to petrol retailers. Eurovestech owns 100 per cent. of KSS.


For further enquiries please contact;
 
Richard Bernstein (Eurovestech)                                    0207 491 0770
                                                                                
                                                                                

 




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