SQS Software Quality Systems appoints Lothar Pauly to its Supervisory Board

– GERMANY, Cologne – SQS Software Quality Systems AG (AIM: SQS), the world’s largest supplier of independent software testing and quality management services, is pleased to announce the appointment of Lothar Pauly to its Supervisory Board. Additionally Peter Bölter was appointed as an employee representative to the Supervisory Board, according to German company law.

Mr. Lothar Heinrich Andreas Pauly, aged 55, is the owner and Managing Director of Lothar Pauly Management Consulting. Mr. Pauly is also currently a Director of Bakcell, Mobiserve, B2X and was formerly a Director of Mobixell until its sale to Flash Networks.

Mr. Peter Gerhard Siegfried Bölter, aged 55, is a Delivery Manager at SQS, and also the President of intacs e.V.. Mr. Bölter has worked at SQS since 1988 in a number of roles and brings a wealth of experience in testing, quality assurance and quality management. Mr. Bolter owns 7,129 Ordinary Shares of 1 Euro each in SQS, representing 0.02% of the issued share capital of the Company.

Prof. Werner Mellis, the chairman of the Board and member of the Board since 1999 was not seeking re-election at the Company’s upcoming AGM. The Board would like to thank Prof. Mellis for his contribution to the Company and wish him well for the future. Consequent to this, the Board is pleased to announce the appointment of David Bellin as Chairman and Lothar Pauly as Vice Chairman of the Board.

In addition, SQS announces today that Matthias Baunach was not re-elected as employee representative and will leave the Board after the Company’s upcoming AGM. The Board would like to thank Mr. Baunach for his contribution to the Company and wish him well for the future.

About SQS

SQS is the world’s leading specialist in software quality. This position stems from over 30 years of successful consultancy operations. SQS consultants provide solutions for all aspects of quality throughout the whole software product lifecycle driven by a standardised methodology, offshore automation processes and deep domain knowledge in various industries. Headquartered in Cologne, Germany, the company now employs approximately 3,900 staff (incl. Thinksoft). SQS (incl. Thinksoft) has offices in Germany, the UK, Australia, Egypt, Finland, France, India, Ireland, Malaysia, the Netherlands, Norway, Austria, Singapore, Sweden, Switzerland, South Africa, UAE and the US. In addition, SQS maintains a minority stake in a company in Portugal. In 2013, SQS generated revenues of 225.8 million Euros.

SQS is the first German company to have a primary listing on the AIM (Alternative Investment Market) in London. In addition, SQS shares are also traded on the German Stock Exchange in Frankfurt am Main.

With over 7,000 completed projects under its belt, SQS has a strong client base, including half of the DAX 30, nearly a third of the STOXX 50 and 20 per cent of the FTSE 100 companies. These include, among others, Allianz, Beazley, BP, Centrica, Commerzbank, Daimler, Deutsche Post, Generali, JP Morgan, Meteor, Reuters, UBS and Volkswagen as well as other companies from the six key industries of SQS

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.