E-Business solution provider communicode completes change of legal form to public limited company.

communicode GmbH & Co. KG - one of the leading German e-business service providers - is taking the next step in its almost 10-year success story and has been operating as a public limited company since 05.02.2013.

"Over the past years, our customers have come to know us as a reliable, consistent and high-growth partner for their e-business projects. The change of legal form should adequately reflect this security and consistency and at the same time make it easier for us to keep up with the demands of constantly growing project sizes and customer requirements", explains Axel Helbig, Chairman of the Board of communicode AG.

"With the change of legal form to a stock corporation, we are fundamentally expanding the scope of possibilities with regard to access to the capital market and financing alternatives. The establishment of an employee participation program also plays a role in our considerations", says Armin Peiker (CFO). Under the umbrella of communicode AG, infuniq Systems GmbH with its special field of PIM system software development (Product Information Management) as well as communicode Neckar GmbH with industry and individual solutions from the OpenSource environment are now united - in addition to the distinct expertise in the standard software segment. "We will also develop further complementary fields, if necessary, through inorganic growth", adds Stefan Belmann (COO).

"With the current projects, partners and our consolidated know-how, we are securing our growth and thus continuously expanding our market position," emphasizes Axel Helbig.

"Already in November 2012, we were once again awarded the "Technology Fast 50" award by Deloitte as one of the fastest growing technology companies in Germany due to our growth of 200% in the 5-year ranking."

communicode also shows continuity in the composition of the company management, which continues to consist of Axel Helbig (CEO), Stefan Belmann (COO), Ingo Eck (CBO) and Armin Peiker (CFO). In addition, the economic expertise is extended by the members of the newly formed Supervisory Board Wolfgang Piroth (Chairman), Dr. Matthias Kampshoff and Volker Scholz.