incadea plc (AIM:INCA), a leading provider of enterprise software and services to the global automotive dealership industry, is pleased to announce that it has signed a €1.3 million agreement with a German car manufacturer for a global project. This is a longstanding customer of incadea. Under the agreement, incadea will roll out a new implementation of incadea DMS to the German car manufacturer’s dealer network in Europe, to support the car manufacturer’s innovative new sales strategy.
Werner Leinauer, incadea's Chief Executive Officer, commented: "incadea continues to extend its relationships with global automotive car manufactures, offering innovative solutions that enable them to achieve high performance across their dealership networks. This agreement reflects the valuable trust of a major automotive leader towards incadea and positions our company as the partner of choice for strategic and state of the art automotive IT projects.”
For further information please contact
incadea plc +49 89 69338 0
Werner Leinauer (Chief Executive Officer)
Alex Tsaparas (Chief Financial Officer)
Cenkos Securities plc (Nomad & Broker)
+44 20 7397 8900
Liz Bowman (Corporate Finance)
Camilla Hume (Corporate Finance)
+44 20 7653 9850
Graham Herring / Caroline Evans-Jones / Fiona Conroy
incadea (LSE AIM: INCA) is the leading provider of enterprise software solutions and services to the global automotive retail and wholesale market. With a proven industry focus and expertise, incadea is the vendor of choice for car manufacturers and their dealer networks around the world. incadea is present in 80 countries, serving a growing community of 50,000 end users, across 2,000 dealerships of market leading OEMs.incadea was founded in 2000 and listed on the AIM market of the London Stock Exchange in 2012.
Headquartered in Germany, incadea has offices inAustria, Greece, Spain, Portugal, Russia, China, India, Taiwan, Mexico, New Zealand. The Company has a network of worldwide certified channel partners, and its range of blue chip customers include over 50 OEMs such as BMW, Toyota, Volkswagen and Mercedez Benz.