CSA participation Fund 5: ‘high sales growth for indirect participation’ Wurzburg, in June 2010: an increase in turnover of 76.5 percent compared to 2008 as well as the establishment of two new subsidiaries in Mexico this positive news announced the indirect participation of the CSA participation Fund 5 recently OTRS AG. The CSA participation Fund 5 participates since end 2009 OTRS AG and sees through its participation in the successful company in its plant concept confirmed. The open source software company OTRS AG of largest manufacturer and service provider for the world’s leading open source help desk system OTRS is a winner of the last year of the crisis according to the CSA participation Fund 5. The indirect participation of the CSA participation Fund 5 increased their sales compared with 2008 to 76.5 per cent now 3.27 million euros. In particular the high demand for support services and managed services by OTRS AG has grown throughout the year through very strongly according to CSA participation Fund 5. Alone in the fourth quarter of 2009 increased Revenue from support services compared to the previous quarter to 49,32 percent compared to the same quarter 4 / 2008 even an increase of 115 percent. According to the CSA participation Fund 5 the OTRS AG, not least due to the positive sales figures, has founded two new subsidiaries in Mexico: OTRS lab, S.A.
de C.V.. in the State of Jalisco as well as OTRS S.A. de C.V.. in Mexico City. The new OTRS development laboratory in Jalisco, the Mexican Sillicon Valley, will relieve the Munich development centre in the development of standard software, informed the CSA participation Fund 5.
One advantage: New versions of the help desk system OTRS and the IT service management solution OTRS: ITSM are immediately presented in significantly shorter development cycles and thus strengthen the company OTRS AG as the indirect participation of the CSA participation Fund 5. The second subsidiary, the new OTRS company in Mexico City, concentrated according to the CSA participation Fund 5 on the sales/service areas and is according to CSA participation Fund 5 contact person for potential customers and those interested specifically in the growth market of Spanish-speaking countries. The CSA participation Fund 5 sees his conditioning concept through indirect participation in the successful company OTRS AG confirmed. Indirect as well as direct investments in medium-sized enterprises with high growth potential are the focus of the CSA participation Fund 5. In addition, the Fund management of the CSA participation Fund 5 with each new participation on a broad diversification of capital in many individual investments respects to avoid larger losses in difficult market conditions. New investments, of the CSA participation Fund 5 Furthermore, always follow recommendations of investment partners, who have many years of experience in the market. About CSA Verwaltungs AG, the CSA Verwaltungs AG is a financial services company headquartered in Wurzburg. Investments offered by the CSA Verwaltungs AG is carried out only adding a detailed consultation and examination by competent law firms, accountants and Auditors. The CSA Verwaltungs AG in connection with the investment fund, focused on design, processing and sales.