Delft, October 23, 2012 - Exact Holding N.V. (“Exact”) announces the intention to appoint Mr. Marinus ter Laak (50) as Managing Director Business Solutions and member of Exact’s Board of Managing Directors.
Ter Laak, currently Senior Vice President at IntraLinks, will start in his new position on December 1, 2012. He will be nominated by the Supervisory Board for appointment as Managing Director and member of Exact's Board of Managing Directors (statutair bestuur) at an Extraordinary General Meeting of Shareholders in January 2013.
Exact Business Solutions is the recently established business unit for on-premise and hosted business software. Ter Laak will be responsible for executing Exact’s strategy, as announced on July 25th, to grow Exact’s market share at large midsize and enterprise companies.
Ter Laak has been working in the IT industry since 1992, starting at NCR where he became Commercial Director responsible for hardware, software and services. After roles as Managing Director of Sequent Computer Systems and then Silicon Graphics, Ter Laak joined SAP AG in 2003. His career at SAP included the roles Managing Director for SAP the Netherlands, Senior Vice President for EMEA Mature Markets, and most recently Senior Vice President Business Analytics & Technology for EMEA and India.
Thierry Schaap, Chairman of the Supervisory Board: ”We are pleased to nominate Marinus ter Laak as the new Managing Director of Exact Business Solutions. He brings broad and deep knowledge of the international IT industry and business software in particular. We are convinced that with Marinus we have found the right person to implement Exact’s strategy for Business Solutions.”
Marinus ter Laak comments: “I'm extremely proud to join Exact. The excellent market position that Exact has, is a great starting point to further strengthen and extend our footprint for Business Solutions. Leveraging Exact's strategy and its world-class products and services will positively influence the development of Exact Business Solutions in the years to come.”
Exact. And it all comes together.
Exact is a leading global supplier of business software. Since the beginning in 1984 the focus has shifted from supporting financial processes to developing a complete ERP offering for small and medium enterprises. Innovative solutions like Exact Globe Next, Exact Synergy Enterprise and Exact Online support over 100,000 customers – local and international companies – with the daily management of their business.
Exact develops industry-specific on premise and SaaS solutions for manufacturing, wholesale & distribution, professional services, small business and accountancy. Exact is headquartered in Delft, the Netherlands and has been listed on the NYSE Euronext Amsterdam since June 1999. The company’s revenues in 2011 amounted to € 215.6 million.
For further information about Exact visit www.exact.com
For further information
Exact Holding N.V.
T: +31 (0)15 711 5462 or +31 (0)6 4179 4588
Exact Holding N.V.
T: +31 (0)15 711 5190
Exact Holding N.V.
P.O. Box 5066
2600 GB Delft
Tel: +31 (0)15 711 5000
Fax: +31 (0)15711 5010
This document contains certain statements and expectations that are forward looking, and which are based on information and plans that are currently available. By their nature, such forward looking statements and expectations generate risk and uncertainty because they concern factors and events in the future and depend on circumstances which may not occur.
Unforeseen factors that could influence the statements and expectations may for instance be changes in expenditure by companies in the markets we operate in; economic, political and foreign exchange fluctuations; possible statutory changes; changes in salary levels of employees; future take over and divestitures.
Exact can therefore not guarantee that such statements and expectations are accurate and complete, nor that such statements and expectations will be realized. Actual results may differ materially. Exact refuses to accept any obligation to update statements made in this document.