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.
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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.
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WKN: 522 440; ISIN: DE0005224406; Index:
Listed: Neuer Markt Frankfurt und im Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, München und Stuttgart
230800 Jän 03