RB-47-2006 Agreement between Auchan Telecom, Subsidiary to Auchan, and ComArch Software AG, Subsidiary to ComArch S.A., on Delivery of the Billing System
Pursuant to Art. 56, Act 1, Pt. 1 of Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, the company hereby informs:
ComArch S.A.'s subsidiary ComArch Software AG, having its registered seat in Dresden, has signed on 28 September 2006 an agreement with Auchan Telecom, subsidiary to Auchan, having its registered seat in Lille in France, on implementation of Auchan management information system. Auchan Telecom is a new mobile phone operator, which will be launched by French hypermarket chain. The agreement amounts to 3.4 million Euro. ComArch's IT solution for MVNO is ready for quick launch, pre-configured system composed of billing system modules. The contract value may increase in relation to potential branch out of Auchan Telecom in other countries in which company runs the business.
Auchan has over 360 hypermarkets and 635 supermarkets in the world. It is present in France, Italy, Spain, Portugal, Poland, Hungary, Russia, Luxemburg, China, Taiwan and in Morocco.