029 Group SE

Earnings Release • May 3, 2001

News Details

Ad-hoc | 3 May 2001 20:23

Ad hoc-Service: Brainpower N.V. english

Ad hoc announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Quarter Results for the three months ended March 31, 2001 BRAINPOWER REPORTS RECORD START TO YEAR AND STRONG DEMAND FROM FINANCIAL INSTITUTIONS FOR ON-LINE APPLICATIONS Brainpower N.V. (Neuer Markt, BPW), a global provider of e-finance and intranet financial applications to both online financial service providers and investment professionals, has announced its first quarter results for the three months ended March 31, 2001. Key points: – Revenue increased 147% to EUR 1,371,434, (Q1 2000: EUR 555,109) – Total backlog of revenue booked rises to EUR 9.3 million to be recognised over 2-3 years – Total backlog of revenue to be recognised over the next 12 months now totals EUR 4.7 million – Continued strong demand from financial institutions – Sales and marketing infrastructure successfully in place – Several important international strategic partnerships signed during quarter Contacts: Brainpower N.V. Thomson Financial/Carson Curtis Fox Jonathan Shillington Investor Relations Director, Strategic Consulting Tel: +44 (0) 20 7464 8624 Tel: +44 (0) 20 7369 7000 Fax: +44 (0) 20 7464 8662 Fax: +44 (0) 20 7422 5161 E-mail: cfox@brainpower.ch E-mail: jonathan.shillington@tfeurope.com end of ad hoc announcement (c) DGAP 03.05.2001 ——————————————————————————– WKN: 553 169; Index: Listed: Neuer Markt Frankfurt, Freiverkehr in Berlin, Bremen, Hamburg, Hannover, Düsseldorf, Stuttgart, München 032023 Mai 01