Ad-hoc | 15 March 2000 09:00

Ad hoc-Service: Secunet Security Networks COR

Ad-hoc announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— There are three mistakes in 6. paragraph which should be (The “-” where missing): These future-oriented investments are reflected in the 1999 result, adjusted for the costs of the stock market flotation, of -4.3 million DM. The earnings per share amounted to -0.93 DM, against -2.84 DM in 1998. Here is the original message again: ————————————————- secunet Security Networks AG increases sales by nearly 50 % – Number of employees grows by 70 % Essen, 15 March 2000 – secunet Security Networks AG increased its turnover by 48 percent to 21.78 million DM (11.13 million Euro) in the 1999 financial year. In particular increased sales and marketing activities contributed to this continued good result. These led, among other things, to an increase of 180 % in the client base in comparison to the previous year. 1999 was a particularly successful year in many respects, said Willi Mannheims, Chairman of the Board of Management of secunet Security Networks AG. As well as the stock market flotation in November, the minority participation of Deutsche Telekom AG in September provided a decisive stimulus. In 1999, secunet consistently pursued its corporate strategy. With new locations in Hamburg, Munich and Dresden, the company is now represented across the whole of Germany. The existing branches were strengthened with the addition of further highly-qualified staff. Overall, this meant that the number of employees at year-end 1999, at 149, was 70 percent higher than at year-end 1998. The company was also able to extend its network of partners significantly. Thus, for example, the co-operations agreed in 1999 with T-Online International AG, the Trust Center of Deutsche Telekom T-TeleSec and NCP Engineering GmbH resulted in the first quarter of 2000 in a solution which is unique in Germany. It enables especially large firms with international locations and numerous sales force employees and teleworkers to communicate easily, securely and cheaply via the Internet. The partnership with Gothaer Versicherungen resulted in December 1999 in Gothaer secusure Internet Insurance. This is the first insurance company in Germany to cover losses arising through the Internet, for both small companies and large corporations. New international partners include among others the leading worldwide provider of software technology for Internet security, Check Point Software Technologies Ltd., and SIRIM, the Malaysian equivalent of the German Technical Inspectorate or DIN standards institute. secunet invested 2.92 million DM in 1999. Alongside expenses for the establishment of new locations and the expansion of the partner network, personnel and financial resources have been applied especially to the design of new services, for example secusure, and training, as well as the development of an Internet security laboratory. These future-oriented investments are reflected in the 1999 result, adjusted for the costs of the stock market flotation, of -4.3 million DM. The earnings per share amounted to -0.93 DM, against -2.84 DM in 1998. Because of the positive overall development, marketing and strategic activities planned for the 2000 financial year were brought forward, due to which the result deviated from the target by 0.98 million DM. In the course of the stock market flotation, secunet increased its share capital from 2.5 million DM to 12.713 million DM. Its equity capital increased in the same period from 1.092 million DM to 44.692 million DM. Starting signal for Europe In 1999 we have created the best preconditions for moving from being Germany’s leading IT security service provider to being the No.1 in Europe. In the year 2000 we aim to increase our sales revenues by more than 70 % and increase the number of employees at the year-end by more than 60 %, according to Willi Mannheims. A significant proportion of the proceeds of issue from the stock market flotation is to be used in the new financial year for the expansion of internationalisation activities, the continued development of the German locations, and active mergers and acquisitions. Technologically, in 2000 secunet aims to become more involved in the growth market of mobile commerce security. secunet is a member of the international initiative Radicchio, which is playing a pioneering role in ensuring the security of mobile commerce. Already in January 2000, secunet announced an increase in new orders of 60 % in comparison to last year, to a figure of 13 million marks. Major factors were a large-scale order from a state authority with extremely high security requirements, and a trust center project with Deutsche Post AG. With its substantial advantage in terms of experience, secunet is leading the way for trust centers in Germany, and will continue to enhance this position. As a prime contractor, completely independent of all products and manufacturers, secunet covers the complete information security value added chain from security analysis and consulting to implementation, maintenance and long-term customer support. With more than 150 employees on its payroll and regional offices in Berlin, Dresden, Essen, Frankfurt (Eschborn), Hamburg, Munich, Siegen and Prague, secunet is Germany’s leading information security service provider. Moreover, its international network, comprising numerous partnerships and cooperative ventures, enables secunet to undertake global projects. More than 100 customers now rely on secunet Security Networks AG for all matters relating to security of information. secunet was initially floated on the stock market in the fall of 1999. Essen, 15 March 2000 Additional information: Fabian Rau secunet Security Networks AG, Press spokesman and Investor Relations Tel.: +49/201/825-2840 Fax: +49/201/825-2244 Email: rau@secunet.de End of Message