The purpose of the company is the development, distribution and licensing of computer systems and applications, as well as the provision of related services. The company may participate in other companies, acquire, exploit, manage and sell real estate and intellectual property rights, establish subsidiaries and branches in Switzerland and abroad, and carry out all legal transactions that may be connected with the purpose of the company or that are suitable for promoting its development or that of group companies. Furthermore, the company may participate directly or indirectly in group financing, in particular by granting loans to its direct or indirect shareholders or other group companies or by providing guarantees, sureties or other securities of any kind for their liabilities to third parties, even if these loans or securities are in the exclusive interest of its direct or indirect shareholders or other group companies and are granted free of charge.