Management Change at CoreMedia - Sören Stamer Hands Over to Gerrit Kolb

HAMBURG, Germany - Supervisory Board Appoints Gerrit Kolb as New CEO of CoreMedia AG Effective July 1

The software company CoreMedia AG, an international provider of people-centric content management software, has appointed a new CEO. On July 1, 2009 Gerrit Kolb will become the successor to Co-Founder and CEO Sören Stamer, who is stepping back for private reasons after being in charge of the company for 13 years.

Gerrit Kolb’s nomination initiates new international growth phase

By focusing on sustainability and innovation, with Sören Stamer as CEO, CoreMedia has managed to establish itself internationally as a reliable provider of sophisticated web content management and social software. The appointment of Gerrit Kolb has set the stage for further international expansion and profitable growth.

“Establishing CoreMedia directly from the time of my studies and keeping the business on track for 13 years has been an incredibly valuable task to me. I’d like to thank the team and the Supervisory Board cordially for their confidence and now look forward to handing over the reins to Gerrit Kolb. I’m convinced that Gerrit and his international expertise in the software market and his many years of entrepreneurial experience will keep CoreMedia on target for further sustained growth,” said Sören Stamer in commenting on the change.

Today, CoreMedia has more than 150 employees working for clients on all five continents. In addition to many long-standing, satisfied customers in central Europe, a number of high-caliber projects in the U.S., Canada, Australia, Japan and Russia constitute an attractive basis for further internationalization.

“The most impressive evidence of the high quality and enormous potential of CoreMedia in the global market certainly is the work on vancouver2010.com, one of the most frequently visited sites of the forthcoming year, which will be implemented using CoreMedia’s web content management and social software,” emphasized Sören Stamer.

New CEO with many years’ entrepreneurial experience in the product software business

“I really look forward taking the next steps together with the CoreMedia team in transforming the undisputed German web content management and Web 2.0 champion into a leading international software enterprise”, commented Gerrit Kolb. After founding and successfully establishing several software enterprises he was most recently responsible for partner, channel and OEM distribution activities of Sybase in North America as Vice President Sales Intelligent Enterprise & Channels. Gerrit Kolb will be able to contribute his expertise in the fields of corporate governance and establishment as well as his international experience in the fields of product development and distribution at CoreMedia.

Supervisory Board thanks Sören Stamer for his outstanding work and welcomes Gerrit Kolb

“Under the dynamic, consistent and courageous leadership of Sören Stamer, CoreMedia has developed into a force to be reckoned with in the market for content management systems and has excellent opportunities throughout the world. We would like to thank Sören Stamer for his very successful 13 years’ service to CoreMedia and wish him all the very best for his future career and private life,” said Prof. Florian Matthes, Co-Founder and Supervisory Board Chairman of CoreMedia. “We appreciate it very much that Sören Stamer, as an Enterprise 2.0 expert and a visionary thinker, will continue to be available to the company in an advisory capacity even after his relocation to the U.S.”

“We’re convinced that Gerrit Kolb, being a successful entrepreneur and a manager with international experience, will vigorously intensify the expansion and efficient scaling of the CoreMedia business for the benefit of our clients and partners alike. As a computer scientist, he has an in-depth understanding of corporate software and is in a position to identify the opportunities of new technologies and innovative digital services at an early stage,” Matthes added.

About CoreMedia

Apart from its Hamburg headquarters, the company has three regional head offices based in Singapore, London and Chicago. CoreMedia CMS constitutes the basis for corporate websites, intranets and high-traffic media portals worldwide. Thanks to interactive orientation and excellent usability, enterprises can place their customer relationships in all digital channels and in social networks at the centre of their activities and thus generate a high return on engagement.

The organization’s clientele today includes AAMC, ARD, ARTE, BBC, Bell Canada, Bertelsmann, BILD, Daimler, Continental, Deutsche Telekom, GMX, Hitachi, MLP, Nokia, O2, Panasonic, Singapore Press Holding, Softbank, T-Mobile, T-Online, Turkcell, Vodafone and ZDF, among others.

The company is one of the pioneers in the field of successful transformation implementation all the way through to an Enterprise 2.0 system.

Contact: Tina Kulow *kulow kommunikation Tel.: +49-40-432-77005 Mail: tina.kulow@coremedia.com

Source: CoreMedia AG

Contact: Tina Kulow, *kulow kommunikation, Tel.: +49-40-432-77005, Mail: tina.kulow at coremedia.com