Ad-hoc | 23 January 2003 08:00


BETA Systems Software english

Beta Systems Announces Stable Revenue Performance In Fourth Quarter Of 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Beta Systems Announces Stable Revenue Performance In Fourth Quarter Of 2002 ·Stable end-of-year business with sales revenues of approx. Euro 15 million in Q4 2002 ·Annual revenues maintained at previous year’s level of approx. Euro 45 million, with positive income before taxes Berlin, January 23, 2003 – Beta Systems Software AG is pleased to announce that it secured a number of significant orders in the course of its end-of-year business activities in 2002. Based on a preliminary financial analysis, revenues of approximately Euro 15 million were generated in the fourth quarter of 2002 (Q4 2001: Euro 15.6 million). As a result, annual revenues for the full 2002 fiscal year will amount to approximately Euro 45 million, which is comparable to the level achieved in the previous year and is line with market expectations for the Company. Based on these figures, the earnings target with above-par income before taxes is also likely to be fulfilled. end of ad-hoc-announcement (c)DGAP 23.01.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: In the course of the fourth quarter, which is traditionally considered to be a particularly buoyant period in terms of sales, Beta Systems was able to secure a number of license and license upgrade deals with large corporations and major IT service enterprises, particularly in the banking and financial sector. In Germany, one of the major agreements finalized was with Sparkassen Informatik, Frankfurt, covering an enhanced license agreement worth Euro 1.6 million, as well as an additional maintenance and service contract up to 2006. Further deals included agreements with AGIS (IT provider for Allianz), Provinzial Versicherung, Bausparkasse Schwäbisch-Hall, HSBC Trinkaus & Burkhardt, as well as Deutsche Genossenschafts-Hypothekenbank. In Denmark, agreements were signed with TRYG insurance company and the IT service provider PBS. In Italy, contracts were secured with SIA (IT service provider for banks) and ACI Informatica (IT provider for the Italian Automobile Club). Furthermore, IBM UK has decided to deploy solutions developed by Beta Systems. AUDITED RESULTS FOR THE FULL FISCAL YEAR 2002 WILL BE MADE PUBLIC ON MARCH 20, 2003, AND WILL BE FURTHER EXPLAINED AS PART OF A PRESS CONFERENCE WITH BETA SYSTEMS’ MANAGEMENT. End of message Beta Systems Software AG, Berlin, Germany Beta Systems Software AG, (Deutsche Boerse – Prime Standard: BSS), is a leading provider of high performance intelligent data management solutions. The Company supplies software that allows companies to streamline and manage their Data Center, Storage and Document Management processes. Beta Systems specializes in the automation and optimization of its customer”s voluminous data processes, focusing on the handling, storage and distribution of data and documents in the most cost effective and intelligent way. Beta Systems’ clients are typically large organizations in the industry, finance, telecommunications, energy, service and public sectors whose traditional methods of data management involved cumbersome time, money and other resources consuming procedures. Many of the solutions developed by Beta Systems are open architecture in nature and create an information infrastructure that reduces the past complexities of information management. Beta Systems’ products are distributed worldwide by its own and partner organizations. The Company has been publicly traded since 1997 and has 323 employees worldwide (as of September 2002). For more information, please visit the corporate homepage at http://www.betasystems.com . Contact: Investor Relations Arne Bassler Beta Systems Software AG Tel.: +49 (0)30 726 118 -170 Fax: +49 (0)30 726 118 -881 e-mail: arne.bassler@betasystems.com All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies. ——————————————————————————– WKN: 522 440; ISIN: DE0005224406; Index: Listed: Neuer Markt Frankfurt und im Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München und Stuttgart 230800 Jän 03