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SNP Schneider-Neureither & Partner AG, DE0007203705

SNP AG: Global Market Leaders in the Chemical Industry Commissions SNP with Key IT Project for Merger
SNP Schneider-Neureither & Partner AG, DE0007203705

SNP | Insider Information Pursuant to Article 17 MAR

SNP AG: Global Market Leaders in the Chemical Industry Commissions SNP with Key IT Project for Merger

Heidelberg, September 23, 2016 - SNP Schneider-Neureither & Partner AG has been commissioned to combine the SAP system landscapes of two of the world's most significant US-based chemical companies, which are currently in the process of merging. The order comes to more than USD 10 million.

For the implementation of this transformation project, SNP is calling on the expertise it has gathered in the US over the last few years, some of which was obtained through acquisitions, and some of which was developed organically. In winning this tender, SNP came out on top against strong international competition and impressed right from the project preparation phase with its strong software -supported analytical method, which enables optimum project planning and minimizes project risk.

Dr. Andreas Schneider-Neureither, CEO and principal stockholder of SNP, said, "This strategically significant contract clearly reiterates the fact that SNP has now become one of the first choices for transformations worldwide when it comes to complex IT questions. This also confirms that our strong growth internationally is set to continue."

About SNP

SNP enables companies to successfully navigate the rapidly changing digital environment and seize their opportunities on the market with a highly flexible IT infrastructure. The solutions and software from SNP provide support for M&A projects and carve outs, allow for the integration of previously divergent IT landscapes and promote expansion into new markets outside of the domestic space. With SNP Transformation Backbone(R), the company offers the world's first standardized software for automatically assessing and implementing changes to IT systems. This provides customers with clear qualitative advantages while notably reducing the time and expense involved in transformation projects.

SNP AG employs about 650 people across Europe, South Africa, Asia and the United States. Headquartered in Heidelberg, the company generated revenue of approximately EUR 56 million in 2015. Its customers include globally operating corporations in the industrial, financial and service sectors. SNP AG was founded in 1994 and has been publicly traded since 2000. As of August 2014, the company is listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705).

Further information is available at www.snp-ag.com

Investor Relations Contact:

Marcel Wiskow Tel.: +49 6221 6425-637 Fax: +49 6221 6425-470 Email: investor.relations@snp-ag.com http://www.snp-ag.com/de/Investor-Relations/

23.09.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English
Company: SNP Schneider-Neureither & Partner AG
Dossenheimer Landstraße 100
69121 Heidelberg
Phone: +49 6221 6425 637
Fax: +49 6221 6425 470
E-mail: investor.relations@snp-ag.com
Internet: www.snp-ag.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange

End of Announcement DGAP News-Service

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