- 1989: Marcel Martins Malczewski and Wolney Edirley Gonçalves Betiol develop a project related to matrix printer systems;

- 1990: Founding of the Company within Incubadora Tecnológica de Curitiba (“INTEC”);

- 1991: the Company received support from a group of investors that transformed Bematech into a private sociedade por ações and initiated the implementation of its corporate governance model by creating a board of directors;

- 1993: Bematech began a long cycle of growth and began having its financial statements audited by an external audit firm. The Company entered into a supply contract with a large Brazilian company to provide a large order of mini-printers;

- 1994: Bematech began selling its mini-printers in the Original Equipment Manufacturer (“OEM”) regime;

- 1995: The Company created a special sales force consisting of branches, software developers and providers of technical services;

- 1996: Bematech issued debentures convertible into shares that were totally subscribed by BNDESPar;

- 1998: The Company created the program Bematech software partners (“BSP”) in order to give technical and marketing support to developers of software for retail applications;

- 1999: BNDESPar converted its debentures into shares and transferred these to Brasil 21, which was founded with capital provided by BNDESPar and is managed by Dynamo Venture Capital;

- 2000: Bematech amended its bylaws and its shareholder agreement to adopt certain corporate governance practices required by the Novo Mercado of Bovespa, resulting in: (i) the amendment of the composition of its board of directors and the inclusion of an independent director; (ii) the authorization of tag along rights for all of its shareholders, creating equal protections for all shareholders in cases of change of control; and (iii) the stipulation that conflicts are to be resolved through arbitration;

- 2002: The Company supplied 75,000 printers to the electronics factory winning the bid of the Tribunal Superior Eleitoral Brasileiro;

- 2003: The Company created Bematech University;

- 2004: Bematech developed Plan 2007 aiming at transforming its company into a “one-stop-shop” able to provide integrated solutions for retail;

- 2006: The Company launched the program Bematech Varejo Total (“BVT”), broadened the program Bematech Software Partners and implemented the program Bematech Mais Valor. Additionally, Bematech acquired the total capital stock of GEMCO and 51% of the capital stock of GSR7, consolidating its position as a complete solutions provider;

- 2007: In February 2007, the Company acquired the remaining 49% of capital stock of GSR7, except for five shares. In April, the Company made the IPO, with gross proceeds of R$270.0 million;

- 2008: Acquired W2M, a supplier of applications for retail solutions. It purchased Logic Controls, a U.S. company specialized in the development of automation equipment for the hospitality segment; and MisterChef and Snack Control, Brazilian food service market leaders. It also acquired control of CMNet, a leader in hotel management systems market;

- 2009: Merged the acquired companies, improved its distribution system and strengthened the international area. At the end of the year, a new CEO was named to take over command of Bematech;

- 2010: Launched a new brand, strengthening its positioning as a provider of complete technology solutions for the retail sector. Its portfolio was expanded through hardware launches, while the consolidation of infrastructure led to significant productivity and efficiency gains in the software division.

Last Update: July 28, 2011