Pool4tool With A Very Successful Year 2010

Vienna/Munich/Detroit/Singapore (I-Newswire) January 11, 2011 - The Selected services GmbH, the parent of POOL4TOOL, expanded its sales in 2010 compared to 2009 by approximately 50 percent. Thomas Dieringer, founder and managing director of the Selected services GmbH announces that his company left the preceding year of worldwide economic crisis remarkably successful: “In a year of economic growth, POOL4TOOL is recognized as the very specialist in procurement workflow management. The company benefits today from a strategy that kept employees under contract, though difficult economic times. We even enlarged our staff in 2009, to invest in a sustainable future for our company.”

New customers and broader competences
POOL4TOOL welcomed in 2010 prominent new customers: Among them are, scale specialist Bizerba, SMA Solar Technologies, Singulus AG, AT&S, Swiss Belimo Group, and the Aliaxis group of Companies. The variety of new and existing customers offers the Selected Services GmbH today a wide expertise in almost every market segment. The Selected Services GmbH is glad to announce that POOL4TOOL is now also on board, at smaller companies like CMS electronics. Thomas Dieringer says “The attracting of new customers, also in the field of smaller companies shows that nowadays there is an awareness for integrated SRM solutions, to optimize costs and processes, and that this concerns all parts of the economy.”
In establishing the subsidiary “Alengis Beratungs GmbH” in Munich, POOL4TOOL expands its competence in SRM consulting. Thomas Dieringer comments, “The foundation of the Alengis GmbH was a logical step to offer our competence as a market leader in strategic, as well as in operational topics of procurement, also to non-POOL4TOOL customers. A team, with Udo Hassa as the chief executive of the Munich branch, attends customers to all matters of SRM and eSourcing.”

Go international and further growth in 2011
2011 will be marked at POOL4TOOL with further internalization: After the expansion to the US market and to Asia, with location Singapore, POOL4TOOL opens another branch office in Europe, located in Paris France. The Paris office supports new clients throughout France.

After a year of tremendous growth, POOL4TOOL again wants to grow in 2011 significant faster than the market and it plans to improve its earnings ratio once more. Thomas Dieringer comments, “Thanks to all our customers and all the employees for believing in POOL4TOOL. Together we made 2010 the most successful in the companies’ history. Together we reached a high peak in sustainable growth, as well as a high customer satisfaction.”

About Selected Services:
With more than 10 years of experience, Selected Services Ltd. is a specialist in the field of eSourcing and supply chain management. The company provides development and consulting services in an eBusiness and SAP environment. POOL4TOOL – the main product – is a web 2.0-based software solution providing a central platform for all internal and external business processes of a company and its business partners. Over 40 business processes from purchasing, logistics, development/collaboration and quality management are provided in only one application and can be integrated into the users’ backend systems. Selected POOL4TOOL is provided as a SaaS solution (software as a service). Selected Services Ltd. works with over 150 international clients, e.g. Alcan, Behr, Carl Zeiss, Duerr, Gardena, Miele and ThyssenKrupp. Selected Services is based in Vienna/ Austria, and operates subsidiaries in Germany (Munich, Stuttgart), the USA (Detroit) and Singapore.

Company Contact Information
Selected Services
Klaus Nemelka
Altmannsdorferstrasse 91, Top 19
1120
Phone : +43 (1) 80 490 80-14