ICT INCREASES STAKE IN LINEAS AUTOMOTIVE TO 100%

12/23/2008

ICT Automatisering NV (“ICT”) announces that it increased its stake in the German company LINEAS Automotive GmbH (LINEAS) to 100% from 90%. LINEAS is active in the field of developing future-oriented software solutions for control equipment, communication platforms and multimedia architecture in the Automotive market. The increase of the stake is part of ICT’s strategy to further expand its operations in Germany. The ICT Group already has 8 branches in Germany.