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Veteran Industry Leader Ron Friedman Has Joined Compart as Chief Operating Officer

[Chicago, September 13, 2011] – The announcement was made this week at Graph Expo in Chicago.

A recognized leader in the high technology software industry, Ron Friedman brings more than 30 years of direct sales, sales training, sales management and general management expertise. His most recent corporate position was as President and Chief Operating Officer of Group 1 Software. During his 17-year tenure with Group 1, Mr. Friedman oversaw the firm’s initial public offering (NASDAQ – GSOF), negotiated and implemented key acquisitions, directed international expansion and grew annual revenues to over $100M. Under his leadership, Group 1 achieved stature as one of the top 100 software companies in the world, earning numerous industry and financial sector awards and employing over 500 associates worldwide. In 2003, the company was sold to Pitney Bowes for in excess of $450 million. Prior to joining Compart, Friedman had founded Customized Selling Solutions International, a firm specializing in sales training and management consulting.

In his new role with Compart, Friedman is responsible for direct and indirect sales worldwide. He is located in Compart headquarters in Böblingen, Germany. “I am excited to join the Compart team and help the company bring more business solutions to more customers around the world. The company has a respected product offering and a talented group of people, and from this solid foundation, we will continue to grow in strategic directions,” said Friedman.

“We are pleased to announce the addition of such a talented and respected executive,” said Compart Chairman and Chief Executive Officer, Harald Grumser. “His track record is extremely impressive, and his knowledge of the industry is unparalleled. This is a milestone for Compart, and we look forward to working together to help our customers achieve their business goals.”

Background information on Compart

Compart is a leading manufacturer of scalable and platform-independent software solutions for the processing and optimization of documents and data streams from different sources and for all common output channels.

The DocBridge product family enables the flexible and efficient processing of high-volume data streams and documents - they can be prepared for transfer to required output channels such as printers, archives, email, hybrid mail solutions or Web portals. These include solutions for the optimization and conversion of document formats or their modification, the display of these documents, and the comparison of documents with the same content but a different format.

Due to their high degree of vertical integration and independence from operating systems, Compart products also meet superior requirements in terms of reproduction quality, performance and platform-independence. Therefore, Compart products support almost all standard system platforms, from Windows to UNIX or z/OS in the mainframe market segment.

Compart solutions are used in medium and large-scale companies across all industries. The implementation and maintenance of these solutions is guaranteed through accompanying support and consultation services as well as project management by the company’s subsidiaries, Compart Deutschland GmbH, Compart North America Inc., Compart Iberia S.L., Compart Nordic ApS., Compart France S.A.S. and a number of partners.

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