development, maintenance and sale of computer software as well as all other maintenance and consulting services in the field of computer science. The company may establish branches and subsidiaries in Switzerland and abroad and acquire participations in other companies in Switzerland and abroad, as well as carry out all operations that are directly or indirectly related to its purpose. The company may acquire, mortgage, sell and manage real estate. It may carry out financing for its own account or for the account of third parties, as well as grant guarantees and securities to its subsidiaries and third parties.