updated 5/23/2011 6:46:01 AM ET 2011-05-23T10:46:01

NEW YORK, May 23, 2011 (GLOBE NEWSWIRE) -- GBS Enterprises (OTCBB:GBSX), a leader in cloud computing technologies and also specializing in business applications solutions for the IBM Lotus Domino software platform, announced that its subsidiary, GROUP Business Software AG was recently featured in the ExpertON Group "Cloud Vendor Benchmark 2011" research report. The report compared GROUP's Cloud Automation Platform ("GROUP Live") with major cloud computing vendors and positioned GBS as one of the leading providers of cloud management platforms along with other vendors including Microsoft, HP, and VMware.

Excerpts from the ExpertON Group Cloud Vendor 2011 research report:

"With its Group Live business unit, Group Business Software AG (GBS AG) offers a public cloud platform that uses the IBM cloud infrastructure in Ehningen. The service is primarily targeted at ISVs who can use the PaaS platform for a quick entrance into the SaaS market. The Group Live solution is set as management layer on top of the IBM infrastructure and provides required functionality, multi-tenancy provisioning, billing and quota management capabilities."

"Besides these selected and other start-ups, it is mainly the global IT players and software vendors who are positioned in the "leader" quadrant, due to the attractiveness of their cloud management portfolio. GROUP Business Software (GBS) with their 'Group Live' offering and Visionapp AG are an exception and are also ranked as leaders, since they have a very attractive offering which has clearly matured during the last three years and provides a very good coverage of cloud requirements both in medium-sized businesses and large enterprises. Both companies have also implemented major reference projects which further prove the maturity and attractiveness of their technologies."

About ExpertOn Group ( www.experton-group.com )

ExpertON Group is the leading fully integrated research, advisory and consulting company for mid-sized and large organizations, maximizing the business value of their ICT investments through innovative, neutral and independent expert advice. Experton Group offers consulting services, market surveys, conferences, seminars and publications related to information and communications technology issues.

The company has offices in Munich, Frankfurt, Kassel, St. Gallen, Dubai, Capetown, and Colorado Springs.

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 approximately 250 people in Europe and 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

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 5.09%
$30K home equity loan FICO 5.21%
$75K home equity loan FICO 4.67%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.34%
13.34%
Cash Back Cards 17.82%
17.82%
Rewards Cards 17.07%
17.07%
Source: Bankrate.com