INFOTEL (EPA:INF) - Infotel strengthens its positions in the Lyon area with the acquisition of Coach'is.

Transparency directive : regulatory news

11/02/2019 07:30

Euronext B - ISIN: FR0000071797
Reuters: ETOF.PA - Bloomberg: INF FP

                                                              Press release
                                                Bagnolet, February 11, 2019

Infotel strengthens its positions in the Lyon area with the acquisition of
Coach'is

After announcing organic revenue growth in 2018 of 10.7%, Infotel today
announces it has acquired 100% of Coach'is, a Lyon-based IT services company.

Coach'is generated revenue of nearly EUR3 million as at 31 December 2018 and
employs more than 30
people.

Coach'is offers expertise in applications design and development, advisory and
support in project ownership, and collaborative services for key accounts such
as Cegelec, Fiducial, SPIE and Saint Etienne Métropole. APRR is a particular
client of Coach'is for which it offers specific expertise in highway
management.

This acquisition will strengthen Infotel's foothold in the Lyon area, where it
already has a team of 60 staff working for key accounts, including Banques
Populaires, Caisses d'Épargne, Agircc-Arrco, Groupama, ADP, APAVE, among
others, and which accounted for revenue of EUR5.4 million as at 31 December
2018.

The integration of Coach'is will broaden Infotel's scope of expertise and
confirm its positions to collaborate with key accounts in the Rhône-Alpes
region and support with their digital transformation projects.

Alessandro della Corte, Chairman of Coach'is said: "We are very proud and
enthusiastic to be teaming up with Infotel with which we share several values,
including operational excellence, commitment and a strong sense of customer
service."

Bernard Lafforet, Chairman of Infotel declared: "We have always been strong on
maintaining proximity with our clients to ensure very high quality
collaborative work. The integration of Coach'is will secure proximity in a
region that houses several high potential companies."

                              Upcoming events:
    2018 annual results publication: March 6, 2019 after market close
                 Analyst Meeting: March 7, 2019 - 11:30 a.m.

About Infotel

Listed on Compartment B of Euronext Paris since January 1999 (ISIN code
FR0000071797), Infotel specialises in information management systems for major
accounts, from mobile to very high-volume databases (Big Data). Operating at
the forefront of technological innovation, Infotel develops its expertise
across two complementary divisions: IT services and software publishing.
Infotel posted revenue of EUR231.7 million in 2018 and employs over 2,400
people.

Contacts

Infotel                                Actifin
Michel Koutchouk                       Financial Communication
Chief Executive Officer                Ghislaine Gasparetto
Tel.: +33 (0)1 48 97 38 38             Tel.: +33 (0)1 56 88 11 11
michel.koutchouk@infotel.com           ggasparetto@actifin.fr

                         www.infotel.com

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INFOTEL (EPA:INF) - Infotel strengthens its positions in the Lyon area with the acquisition of Coach'is.

Transparency directive : regulatory news

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