Ad-hoc | 1 April 2004 15:58

DataDesign AG – Annual Accounts 2003

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– DataDesign AG has successfully continued its restructuring measures and has been able to achieve a strongly improved performance in the business year 2003. DataDesign AG, Munich, an IT service company and a specialist in the e-banking sector, has recorded sales of 3.8 Mio Euro during the business year 2003 (5.6 Mio. Euro in the preceding year). This corresponds to a decline of the 32 % in comparison to the preceding year. Operating results (EBIT) for the year 2003 amounted to – 0.81 Mio Euro (- 1.84 Mio Euro in the preceding year). This is an improvement in the EBIT of more than 100 %. Both the sales and the results show that DataDesign AG was not able to avoid the influence of a restrained economic climate, but that it has been able to use this business year for sensible restructuring measures for an optimized position in the future. The restructuring programme, which was started in the year 2002, has clearly shown its effect, and it hast made it possible for DataDesign AG to once more focus intensively on the operations side of its business, an on the acquisition of new customers during the running business year. The number of staff members has declined by more than half during the past business year. By the end of the business year the staff consisted of 32 employees (72 employees in the preceding year). Sales per employee amounted to 119 TEuro in the year 2003 (77 Teuro in the preceding year). This shows an increase of almost 60 % in comparison to the previous year, and it will be the basis for a successful 2004. The (undiluted) result per share amounts to 0.51 Euro (- 1.66 Euro in the preceding year), which is an improvement of over 200 % in comparison to the previous year. For the business year 2004, the company is forecasting an ongoing improvement in overall results. The basis for this forecast is seen especially in the optimisation of the cost structure and the acquisition of new customers. end of ad-hoc-announcement (c)DGAP 01.04.2004 ——————————————————————————– WKN: 126215; ISIN: DE0001262152; Index: Listed: DE0001262152: Geregelter Markt in Frankfurt (General Standard), Freiverkehr in Stuttgart; DE0001262145: Freiverkehr in Berlin-Bremen und München 011558 Apr 04