InVision AG

Earnings Release • Aug 19, 2009

News Details

Ad-hoc | 19 August 2009 16:54

InVision Software AG Increased Revenues by 26 Percent up to Euro 6,39 Million – Preliminary Half-Year Results

InVision Software AG / Preliminary Results/Half Year Results

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InVision Software AG Increased Revenues by 26 Percent up to Euro 6,39
Million - Preliminary Half-Year Results
- Licence Revenues Increased by 184 Percent
- Guidance for Fiscal Year 2009 Remains Unchanged

Ratingen (Germany), August 19th, 2009 - According to preliminary figures,
InVision Software AG (ISIN: DE0005859698), a leading international provider
of enterprise-wide workforce management solutions, has increased revenues
by 25 percent in the second quarter of 2009. Revenues raised up to app. EUR
3.45 million compared to EUR 2.75 million reported in the same quarter in
the previous year. Thus, in the first half year 2009, revenues totalled
app. EUR 6.39 million, which represents a 26 percent increase over the same
period in 2008. Based on its preliminary figures for the first half-year
2009, the EBIT is projected to be EUR -2.87 million which is in line with
the Company's expectations. During the same period of the previous year,
the EBIT was EUR -3.41 million.

Similar to the first three months of this year, revenues again increased
especially by selling software licences in the second quarter of 2009.
According to the preliminary numbers, licence revenues totalled app. EUR
2.69 million in the first half-year 2009. This represents a 184 percent
increase compared to the first half-year 2008 (first half-year 2008: EUR
0.95 million). This reflects the positive effects of the intensification of
sales efforts during the previous year. In addition, several contracts that
were postponed at the end of 2008 could be closed now. In the first
half-year 2009, maintenance revenues raised up by 22 percent to app. EUR
2.05 million, from EUR 1.67 million earned during the same period of the
previous year. In contrast, service revenues are still suffering from the
consequences of low licence revenues during the fourth quarter 2008:
Services revenues are estimated to decline by 33 percent down to EUR 1.65
million (first half-year 2008: EUR 2.45 million). The continuous clear
growth of licence revenues since beginning of 2009 is expected to increase
services licences in the medium-term as well.

InVision Software AG reconfirms its guidance for the fiscal year 2009,
ending December 31st. Even though the overall economic development is still
very difficult to predict, InVision's plans for 2009 remain unchanged and
the Company expects a significant increase in revenues as well as an EBIT
of app. EUR -2.2 million for the fiscal year 2009.

The complete financial report for the first half-year of 2009 will be
available for download beginning August 31st, 2009, from the Investor
Relations section at the Company's website www.invisionwfm.com.

Contact:
Jutta Handlanger,
Head of Corporate Communications,
InVision Software AG,
Halskestrasse 38,
40880 Ratingen (Germany),
phone: +49 (0)2102 728-444,
fax: +49 (0)2102 728-111,
email: ir@invision.de

19.08.2009 Financial News transmitted by DGAP

Language: English
Issuer: InVision Software AG
Halskestraße 38
40880 Ratingen
Deutschland
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: info@invision.de
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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