CANTON. Ga., March 11, 2011 (GLOBE NEWSWIRE) -- GBS Enterprises, Inc. (OTCBB:GBSX) announced today that the Company will be presenting at the Roth Capital Partners 23nd Annual OC Growth Stock Conference on Monday, March 14, 2011 at The Ritz Carlton Hotel in Dana Point, CA. Presenting for the Company will be Gary MacDonald, EVP and Chief Corporate Development Officer. The Company will be presenting its Cloud Automation Platform (the "CAP") along with its "Evolution Transformer," a new technology that can transform existing Lotus Notes applications in a cloud ready format.
The presentation will begin at 9:00 a.m. Pacific Time in the Track 8 conference room.
The Company's majority owned subsidiary GROUP Business Software has recently won two prestigious IBM awards:
"2011 IBM Bestseller Award" in the "Best Cloud Solution Partner" category.
The 2011 IBM Lotus Award Winner: Chief Technology Officer Innovation Award for GBS Transformer
About GROUP Business Software AG
GROUP Business Software AG is a twenty-year old German-based company whose core business is focused on serving IBM's Lotus Notes and Domino market where it has become IBM's largest provider of business solutions worldwide. GROUP caters primarily to mid-market and enterprise size organizations having over 3,500 customers in thirty-eight countries spanning four continents, representing more than 5,000,000 active users of its products. GROUP's customers include Abbot, Ernst & Young, Deutsche Bank, Bayer, HBSC, Merck and Toyota. GROUP provides Cloud Computing technology, Email Management software, Lotus Software Services, Customer Relationship Management software and Risk & Compliance Management solutions. Headquartered in Frankfurt, Germany, the Company has offices throughout Europe and North America and employs over 150 people in Europe and 70 in North America.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors.
CONTACT: Gary MacDonald EVP and Chief Corporate Development Officer GBS Enterprises, Incorporated +1.917.477.9509 gmacdonald@gbsx.us