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Quistor Acquires Steltix Iberia

Quistor, the European market leader in JD Edwards Consultancy, Support, Hosting and Application Management, has agreed to acquire all the activities from Steltix Iberia. The transaction will be executed by means of a transfer of assets & liabilities, including all personnel and customers.

Steltix Iberia has in depth knowledge of Oracle JD Edwards, Oracle Technology and Oracle Business Intelligence.

Rens la Maitre, CEO at Quistor Enterprises, said: "With the acquisition of Steltix Iberia, we not only further strengthen our JD Edwards practice, but additionally expand our product portfolio with two brand new exciting service lines: Oracle Technology and Oracle Business Intelligence. We strongly believe that these new service lines will add significant value to our customers and prospects".

"For us, it is an enormous opportunity to be part of Quistor, being the JD Edwards leader in Europe. Because of the synergies, we feel that this acquisition will enable Quistor's Oracle business to significantly increase" says Javier Prego Molina, CEO of Steltix Iberia.

About Quistor
Quistor is Europe's largest JD Edwards consultancy, support and application management provider. With Delivery Centers in The Netherlands, Italy and the Czech Republic, Quistor is committed to providing the best software solutions, services and expertise to their global JD Edwards customer base. Quistor, founded in 2005, is a Gold Partner and Accelerate Program partner of Oracle Corporation. Visit www.quistor.com for more information.

About Steltix Iberia
Steltix is a Gold partner of Oracle, specialized in the implementation, support, and management of Oracle JD Edwards, Oracle Technology and Oracle Business Intelligence.

End PRESS RELEASE

For more information please do not hesitate to contact me.

Kind Regards,

Renate Hector
Quistor Enterprises BV
T: 0031 (0) 164 213 300
E: [email protected]

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