In 1997, CVC Funds invested in Time/system. The company is the leader in time planning and calendar tools with a product range consisting of paper-based planning systems, PC software products, training, consultancy and various accessories.
Time/system was established in 1981 and today sells its products in over 30 countries in Europe, the US and the Far East through subsidiaries and independent distributors. Approximately 90% of the company’s turnover is generated in Europe where it has wholly-owned subsidiaries in Germany, Norway, UK, Sweden, Italy and Finland.
Time/system today holds a leading position in its market, focussing its product range for the areas: business administration, neurology and psychology. Most recently, the company has established a new business area with the product, TimeWap. Time/system was the first software company worldwide capable of offering network-based planning software functional on WAP mobile phones. #
Since its conception, the company has served over one million customers and currently distributes its products in ten languages, with official sales representation in more than 20 countries.