InVision AG

Earnings Release • May 18, 2009

News Details

Ad-hoc | 18 May 2009 23:34

InVision Software AG: Preliminary Figures For The First Quarter 2009 – 27 Percent of Revenue Increase, Licence Revenues Climb up by 210 Percent

InVision Software AG / Preliminary Results/Quarter Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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Ratingen (Germany), May 18th, 2009 - InVision Software AG (ISIN:
DE0005859698), a leading international provider of enterprise-wide
workforce management solutions, reported an increase in revenues in the
first quarter of 2009. According to the preliminary figures, revenues
raised up to EUR 2.94 million compared to EUR 2.32 million reported in the
same quarter in the previous year. This represents an increase of 27
percent.

Above all, licence revenues are expected to climb up by 210 percent.
According to the preliminary numbers, InVision estimates licence revenues
of EUR 1.04 million in the first quarter 2009 (first quarter 2008: EUR
337,000). This reflects the postponement of several contract completions
from the fourth quarter 2008 as well as the positive effects of the
intensification of sales efforts during the fiscal year 2008. Maintenance
revenues are projected to be EUR 1 million, up from EUR 899,000 earned
during the same period of the previous year. As a consequence of missing
licence revenues during the fourth quarter 2008, services revenues are
estimated to decline by 18 percent down to EUR 890,000 (first quarter 2008:
EUR 1.08 million).

According to the preliminary figures for the first quarter 2009, EBIT is
projected to be EUR -1.66 million which is in line with the Company's
expectations. During the same period of the previous year, the EBIT was EUR
-1.73 million.

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 quarter of 2009 will be
available for download beginning May 29th, 2009, from the Investor
Relations section at 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

18.05.2009 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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