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Software AG appoints Ivo Totev to the Executive Board

Darmstadt, Germany, 3/16/2009

Software AG has appointed Ivo Totev to the Executive Board with responsibility for Professional Services worldwide.

Ivo Totev has more than fifteen years experience in the IT-industry, holding positions in Progress Software, Sun Microsystems and SAP before joining Software AG in 2005. Initially responsible for the implementation of product strategy and product marketing in the integration business, Ivo has been Chief Marketing Officer since mid-2007. 

Ivo Totev assumes immediate responsibility for the global Professional Services business replacing Holger Friedrich. Holger Friedrich leaves Software AG due to personal reasons.

 

Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany
Software AG is the world’s largest independent provider of Business Infrastructure Software. Our 4,000 global enterprise customers achieve business results faster by modernizing, integrating and automating their IT systems and processes. As a result, they rapidly build measurable business value and meet changing business demands. Based on our solutions, organizations are able to liberate and govern their data, systems, applications, processes and services – achieving new levels of business flexibility.

Our leading product portfolio includes solutions for high performance data management, developing and modernizing applications, enabling service-oriented architecture, and improving business processes. By combining our technology with industry expertise and best practices experience, our customers improve and differentiate their businesses – faster.

Software AG has almost 40 years of global IT experience and over 3,600 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of €721 million in 2008 (IFRS, unaudited).
Software AG – Get There Faster

Contacto:
Software AG
Paul Hughes
Director Media Relations
Uhlandstrasse 12
64297 Darmstadt
Germany
Telefone: +49 6151 92-1787
Fax: +49 6151 92-1623
press@softwareag.com
http://www.softwareag.com
ou:
Software AG
Norbert Eder
Vice President Corporate Communications
Uhlandstrasse 12
64297 Darmstadt
Germany
Telefone: +49 6151 92-1146
Fax: +49 6151 92-1623
norbert.eder@softwareag.com
http://www.softwareag.com