New Partnership Announced Between FOEX GmbH and MT AG

Collaboration will strengthen FOEX's reach on the German market. End Quote

(1888PressRelease) March 18, 2016 - FOEX announced today the signing of a new partnership agreement with German technology provider MT AG. The partnership will enhance MT AG's ability to service their current customer base with improved software solutions, by using the FOEX Plugin Framework.

"Our framework comes with over 115 plugins which can be combined or used separately and with over 100 demos and solutions. It is going to have an effect on the both productivity levels and budgets, as it allows developers to build enterprise-level applications fast and with ease while significantly reducing the costs associated with development and maintenance" added Peter Raganitsch, Chief Executive Officer at FOEX GmbH.

This agreement allows FOEX to strengthen their presence on the German market for their main solution, the FOEX Plugin Framework, and enables MT AG to diversify their solutions portfolio.

"The business partnership with FOEX GmbH enables MT AG to deliver to its customers improved solutions without increasing budgets. Furthermore, it allows us to decrease delivery times significantly, and keep our consultants focused on providing excellent support to our customers and spend less time on maintenance work. It's a win-win-win situation for all parties involved" says Niels de Bruijn, Business Unit Manager APEX at MT AG.

About MT AG
Founded in 1994, MT AG has its headquarter in Ratingen, Germany and serves its customers through various offices in Germany and Luxembourg. MT AG is an independent IT service provider and offers innovative IT services and customized solutions for the business critical requirements of its customers. MT AG offers interdisciplinary services throughout the entire supply chain including consultancy, application development, IT integration and management of custom software solutions.

For more information, please visit www.mt-ag.com

About FOEX GmbH
Established in 2012, FOEX empowers developers to build feature rich and visually appealing data-oriented web applications on top of the Oracle database without the need to write code. The plugin framework developed by FOEX can significantly reduce the complexity of developing and maintaining enterprise web applications, thus lowering IT costs and increases efficiency.

FOEX helps customers to build the best products imaginable without the overheads from traditional software development. To learn more about FOEX, please visit www.tryfoexnow.com

###

space

Other Related Press Releases