PSI AG To Become More Germane Globally Via Relevant Partnership
P.J. Jakovljevic - January 12, 2002

Event Summary

On December 19, Relevant Business Systems (www.relevant.com), a privately held ERP vendor for small to medium discrete complex manufacturing companies and PSI AG (Neuer Markt: PSA 2, WKN 696 822), a German provider of ERP solutions in the fields of energy, goods and information, announced that the two companies have entered into a partnership agreement. Consequently, the two organizations will be working together to extend their capabilities in the European, North American and Southeast Asian Markets. The arrangement reportedly involves close co-operation between the two companies that will allow both organizations to access the knowledge bases in the respective areas of specialist expertise that each possesses. In addition, they have agreed to pursue joint projects as well as provide facility and staff sharing arrangements to each other on independent projects...