The acquisition of a majority stake in New Technologies Integrator LLP is the next step of the Polish IT powerhouse development in rapidly growing Eastern markets.Asseco has finalized the acquisition of a 51 percent majority stake in New Technologies Integrator LLP, an information technology company based in Almaty, Kazakhstan. The transaction value amounted to the equivalent of USD 1 million. Subsequently, the acquired company has been renamed as Asseco Kazachstan LLP.
New Technologies Integrator LLP (NTI LLP) was founded in 2006. Its operations include three business lines: information security, information management, and the newly launched cloud computing services. The company focuses primarily on the public sector clients as well as on large telecommunications and energy enterprises.
“Kazakhstan has much potential for growth and we have been looking for an investment opportunity in this country for a long time. We are satisfied that we managed to find very good partners with whom Asseco can build a strong market position in Kazakhstan. I am convinced that by combining the local market knowledge with over 20 years of our experience in the IT industry and extensive product portfolio, we will be able to offer the best software solutions for the largest Kazakh companies and institutions,” said Adam Góral, President and CEO of Asseco Poland.
Kazakhstan is a rich country and one of the fastest growing economies in the region. It has reached the highest level of per-capita GDP among the CIS countries, except for the Russian Federation. The World Bank analysts assess the attractiveness of investing in Kazakhstan slightly higher than in Poland. Polish goods enjoy a high reputation in Kazakhstan, being associated not only with good price but, above all, with high quality. Many Polish producers are very successful in the Kazakh market and found clients for their goods and services. Asseco has gained its first experience in this market by implementing an information system for Polpharma Group’s subsidiary operating in Kazakhstan.
Asseco Group consistently pursues its development strategy aiming to build a global information technology company specialized in software development and provision of highly advanced IT services. The Group focuses on emerging markets that are characterized by high economic growth and increasing demand for IT technologies. After Russia and Georgia, Kazakhstan is the third country in the region where Asseco is developing its business operations.

On 14 May 2014, Asseco Group announced its financial results for the first quarter of 2014. Sales revenues reached PLN 1.45 billion, growing by 8 percent as compared with the corresponding period of 2013. Whereas, revenues from proprietary software and services improved by 11 percent to reach PLN 1.18 billion. Operating profit amounted to PLN 147 million, while net profit attributable to shareholders of the parent company was PLN 98 million. Revenues generated by our proprietary software solutions continue to grow, accounting for as much as 81% of our total sales in the first quarter of 2014 (the remaining turnover included: 12% from hardware and infrastructure, and 7% from third-party software and services). Sales revenues are well diversified among our individual target sectors: general business – 41%, banking and finance – 34%, and public administration – 25%. In the analyzed period, the Group recorded an increase in revenues from its foreign operations which exceeded PLN 1.06 million, constituting almost three-quarters of total sales.
During the first three months of 2014, the Group companies signed 1,359 contracts, of which as many as 628 in the sector of banking and finance. Furthermore, the Group carried out a number of significant projects for its key clients, including Tauron, Polkomtel, Orange Poland, and Social Insurance Institution (ZUS). Cooperation with the most demanding customers is a confirmation of our strong sector-specific competence.One of the major events in the first quarter of 2014 was to sign an agreement for the implementation of Asseco Utility Management Solutions (AUMS) in Ethiopia – this is the first contract of Asseco Poland in Africa and also the largest deployment of Polish IT systems in that continent.All of our significant events that took place during the first quarter of 2014 can be found on our website: http://inwestor.asseco.pl/go.php/en/reports/press_releases/2014/

On 8 May 2014, Asseco Poland has signed an agreement with the Agricultural Social Insurance Fund (KRUS) for maintenance and development of the Workflow system. The contract will be performed over a period of four years and it is worth nearly PLN 20 million net.The Workflow system is a layer that integrates the domain systems used by KRUS, including their insurance and benefits management systems, as well as document management and archiving system. Automation of business processes and the use of SOA architecture have enabled the consolidation and optimization of access to the resources of KRUS. This solution allows, among others, for comprehensive and centralized management of user identity as well as for exchanging data with external institutions.“Asseco Poland is a reliable and trusted partner for institutions engaged in the agricultural sector. Our software solutions are successfully used by the Agricultural Property Agency, Agency for Restructuring and Modernization of Agriculture and its Romanian counterpart. Our know-how in the fields of software development and project implementation as well as industry-related competence are the key values that we contribute to contracts executed for the agricultural sector institutions,” says Paweł Piwowar, Vice President of Asseco Poland.Asseco Poland created the Workflow system for KRUS as a winner of the international tendering procedure conducted in 2009. It was a very complex project that was financed from the World Bank funds. Subsequently, Asseco integrated the IT systems used by KRUS so that they could be operated as a central system, uniform across the whole country. Nowadays, the Workflow system built by Asseco is used by several thousand of KRUS employees who serve nearly 2 million farmers.In 2010, Asseco won the international competitive tender for the supply of an archiving system to KRUS. The Archive system provides access to consistent information through a uniform mechanism for recording and archiving of documents.

E-health services will be launched on the basis of Asseco’s comprehensive software solution for hospitals – Asseco Medical Management Solutions. Implementation of the AMMS system will enable the hospitals to not only launch e-health services, but also to prepare for the introduction of Electronic Medical Records. The hospital system will be also linked with diagnostic laboratories.“Doctors will get an easy insight into testing results from any place in the hospital, because after downloading our mHOSP application they will be able to use the AMMS system on mobile devices,” saysJan Butkiewicz, Vice Director at the Healthcare Division, Asseco Poland. Thanks to the system’s mobility, the results of medical consultations and recommendations will be available from anywhere in the hospital. The system will also facilitate the issuance of referrals for specialist care, because most of the required information is already contained in the database. Doctors, using a touch screen, will determine the subsequent examination and this information – along with the patient details – will appear on the monitor at the right doctor’s office or treatment room.AMMS is an integrated component-based IT solution operated through a web browser. It supports all medical and administrative processes, providing patients with convenient remote contact with the hospital, and enabling the hospital managers to monitor the treatment costs. As far as the nursing staff work is concerned, the system will facilitate planning for and maintaining records of drug administrations, assigning treatment rooms, entering information from the measurement of vital signs (temperature, blood pressure, etc.), planning for patient care activities.The application has been developed to comply with the new requirements for Electronic Medical Records. All documents concerning medications and treatment, discharge from the hospital, statistical descriptions, medical tests, certificates, prescriptions, post-disease analyses or recommendations are issued using the patient’s data that have been collected during their stay in the hospital and entered into the various modules of AMMS. This makes it possible to prepare such documents within just a couple of minutes.

Asseco Poland plays the role of a technological pillar of the scientific and industrial consortium, which implements the project. The leader of the consortium is Józef Tuliszkowski Scientific and Research Center for Fire Protection – National Research Institute. Other members of the consortium include the National Defence University (Faculty of National Security), Main School of Fire Service, as well as the Polish Association of Volunteer Fire Brigades.

The goal of the consortium project is to develop and implement software solutions that would provide assistance with the creation of crisis management plans (CMP) for municipalities, counties and provinces on the basis of existing and newly designed databases. The conceptual phase of the project involves unifying the process of CMP preparation as well as standardization of the scope, detail and presentation of information to be given in CMPs. Innovative architecture of the system enables easy and secure access to applications in the SaaS (Software as a Service) model.

This project won the gold medal with distinction during the 2^nd International Inventions Fair TUNIS’INNOV that was held on 10-15 March 2014 in Hammamet, Tunisia. Poland took part in this event for the first time alongside numerous exhibitors from Tunisia, Russia, France, Belgium, Algeria, Morocco, and Senegal. The project was also awarded the silver medal by the Taiwan Inventors Association at the 17^th Moscow International Salon of Inventions and Innovation Technologies “Archimedes 2014” that took place on 1‑4 April 2014. At the same time, the project received the silver medal at the 42^nd International Exhibition of Inventions, New Techniques and Products in Geneva, Switzerland.

The implementation of the project is financed by the National Research and Development Center and its completion is expected in 2015.

‍

Asseco Poland is the creator of mDM for iPad mobile service.mBank Brokerage House, as the first in Poland, has provided its clients with a stock trading application for iPad. mDM for iPad mobile service offers the full functionality of an investment account, allowing for comprehensive and convenient management of investments at any place and time. The application is available on the App Store from Thursday, 24 April.“In times of increasing mobility, when fast investment decision-making becomes more and more important, investors’ demand for tablet dedicated applications is growing. In order to be able to effectively invest in the stock market, you need to have continuing access to current market information as well as opportunity to respond to market developments. An easy to read, touchscreen tablet allows you to react literally on the fly,” explains Robert Kosowski, Marketing Director of mBank Brokerage House. “Our work was inspired by the concept of tablet apps which should be intuitive, simple and comprehensive all at the same time. mDM for iPad has been designed focusing on the logic of operation and appearance of the application by a team of mBank Brokerage House and developed by Asseco. It is an innovative solution that enables complete management of a securities account. Thanks to that, you are able to perform any operation wherever you carry an iPad with Internet access,” he adds.“We are pleased that our cooperation with mBank Brokerage House gave rise to such an innovative solution. It was our common goal to develop a user interface that would facilitate navigation and take advantage of all the possibilities offered by iPads. The application architecture provides the highest level of performance, reliability and safety,” says Artur Trunowicz, Director of the Capital Market Division at Asseco Poland.mDM for iPad is a state-of-the-art mobile transaction system that makes placing orders an intuitive and simple task. After logging in, application users see a fully interactive display where they can check their account balance, current market situation, and review their own trade orders. The provided OneTouch form makes it possible to place a new order with a single touch. Once the required financial instrument is selected, the form is filled in with the relevant current values automatically. Afterwards, it takes just one touch to accept the transaction.Another unique functionality of this application is the BEST price mode that allows to place pending orders with the most favourable limit. It takes just a flick of the finger to modify a pending order so that it was slightly better than the currently quoted bid or ask price.Moreover, mDM for iPad enables easy management of the investment portfolio thanks to the clear presentation of assets in the form of tables and full-screen charts. Other functionalities of the application include the calculation of profits and losses, ability to draw or repay a loan, making bank transfers, as well as management of multiple accounts.The application takes full advantage of the iPad screen and seamlessly adapts to horizontal or vertical orientation of the tablet. The interactive desktop allows you to quickly display all important information – with just one touch you can learn about the offers, transactions, detailed quotes and transparent charts of a selected financial instrument.Full functionality of the application is available for all internet banking customers of mBank Brokerage House as of 24 April. In the near future, mBank intends to implement a new application for iPhone that will leverage on the solutions achieved in the development of mDM for iPad. Subsequently, it is planned to transfer the tablet application also for Android operating system devices.The stock trading app for iPad is not the only highly advanced investment solution offered by mBank. At the beginning of the year, the Brokerage House successfully launched a browser version of their mForex Trader system – mForex WEB, which has become very popular among forex investors. The application allows for conducting transactions and market analysis, provides access to market data and commentaries, and it has been also optimized for tablets. This solution is used by more than half of mBank’s forex investors.The new stock trading application can be found in the App Store under the name mDM for iPad.
More information about the application is provided on the website of mBank Brokerage House – www.mdm.pl