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3U HOLDING AG
Ansprechpartner: Dr. Joachim Fleing
Tel.: +49 6421 999-1200
E-Mail: IR@3U.net

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Business news for the stock market

3U HOLDING AG: 3U Cloud Computing Subsidiary weclapp is Increasingly Expanding with Indirect Sales Approaches


Marburg (pta010/02.04.2019/08:00) - _
* Partner sales of cloud-based ERP and CRM solutions are picking up speed
* Strong cloud computing demand creates further opportunities for growth

weclapp GmbH, a subsidiary of 3U HOLDING AG (ISIN: DE0005167902), is continuing its unbroken growth course with cloud-based ERP and CRM solutions and, since the start of the year, has also increasingly been expanding with indirect sales approaches, especially through cooperation with sales partners. In March, weclapp held its first partner event. Around 30 representatives from new partner companies took part. Product training was as much part of the programme as exchanges about current developments in the cloud and common business prospects.

The partners are mostly medium IT systems companies and IT consulting firms that, starting now, can recommend the use of weclapp solutions to their customers. The new sales approach is supported by the fact that many such companies already successfully use weclapp themselves. This simplifies sales training and customer contact.

weclapp sales partners are also recording strong demand for systems from the cloud with a good price-performance ratio. This trend also enables them to benefit more from cooperation with weclapp. In the feedback for the partner event, in addition to the excellent product quality, participants mainly pointed out the good ongoing support from the weclapp team. From the establishment of the new, indirect sales channel, weclapp expects an additional boost in growth towards achieving its ambitious sales and earnings goals.

As a provider of cloud-based ERP and CRM solutions, weclapp GmbH once again increased its sales by 60% for the financial year 2018. In addition to the high-performance offering of products and services, this corporate growth is mainly due to professional and highly efficient inbound marketing on the internet (online marketing), which will also be further expanded and internationalised in the future . The acquisition of further sales partners outside Germany should also contribute to the planned internationalisation of weclapp business in the financial year 2019.

Further information:
Dr Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 (0) 6421 999-1200
Fax: +49 (0) 6421 999-1222
E-mail: IR@3U.net

About 3U:
3U HOLDING AG (www.3U.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of Information and Telecommunications Technology (ITC), Renewable Energies (RE) and Sanitary, Heating and Air Conditioning Technology (SHAC). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.
3U HOLDING AG's shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

(end)
emitter: 3U HOLDING AG
Frauenbergstraße 31-33
35039 Marburg
Germany
contact person: Dr. Joachim Fleing
phone: +49 6421 999-1200
e-mail: IR@3U.net
website: www.3u.net
stock exchanges: regulated market in Frankfurt; free market in Dusseldorf, free market in Hamburg, free market in Munich, free market in Stuttgart; open market in Berlin, Tradegate
ISIN(s): DE0005167902 (share)
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