Ad-hoc | 3 November 2004 08:12

Softing follows up on positive figures reported for the first six months of 2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Softing follows up on positive figures reported for the first six months of 2004 The Softing Group today announced significantly improved operating and net income for the third quarter of 2004; incoming orders and sales were on par with the previous year. The incoming orders in the Softing Group amounted to EUR 5.4 million in the third quarter of 2004 (2003: EUR 5.9 million) and totaled EUR 15.2 million overall in the first nine months of 2004 (2003: EUR 15.3 million). In the third quarter, Softing recorded global sales worth EUR 5.1 million (2003: EUR 5.0 million). Total sales for the first nine months of 2004 were EUR 14.7 million (2003: EUR 14.4 million). The operating income was EUR 0.3 million in the third quarter (2003: EUR 0.2 million) and EUR 0.3 million in the first nine months of the current fiscal year (2003: loss of EUR 0.5 million). Softing also recorded a substantial net income of almost EUR 0.2 million (2003: net loss of EUR 0.6 million). Cash and cash equivalents as of September 30, 2004 were EUR 5.5 million, up EUR 0.3 million versus the previous year. Compared to the second quarter of 2004, cash and cash equivalents also increased by EUR 0.3 million. At the end of the third quarter of 2004, the Group’s equity was EUR 12.1 million. This translates to EUR 2.42 per Softing share based on the current share price of approximately EUR 1.90. The Quarterly Report 3/2004 can be downloaded in pdf format from the Investor Relations section at www.softing.com from November 12, 2004. end of ad-hoc-announcement (c)DGAP 03.11.2004 ——————————————————————————– WKN: 517800; ISIN: DE0005178008; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 030812 Nov 04