InVision AG

Report Publication Announcement • Jun 12, 2007

News Details

Corporate | 12 June 2007 02:30

InVision Software AG: Price range between Euro 32.00 and Euro 38.00

InVision Software AG / IPO

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Commencement of trading on Prime Standard scheduled for 18 June 2007

Issue volume up to Euro 40.9 million

Bookbuilding between 13 and 14 June 2007

Ratingen, 12 June 2007 - The shares of InVision Software AG will be offered
within a price range of Euro 32.00 to Euro 38.00 per share and can be
subscribed to between 13 and 14 June 2007. The final placement price will
also be published on 14 June. Commencement of trading of the shares on the
Frankfurt Stock Exchange’s Prime Standard sub-segment (Official Market) is
scheduled to occur on 18 June 2007. WestLB AG is acting as the Sole Lead
Manager and Sole Bookrunner for this IPO. M.M.Warburg & CO KGaA is the
Co-Lead Manager.

InVision will be offering up to 1,077,000 shares. If the greenshoe option
is fully exercised, the total placement proceeds will thus total up to
between Euro 34.5 and Euro 40.9 million. Thereof, InVision will receive up
to Euro 27.2 million in proceeds from a capital increase. Should all shares
be allotted during the IPO there will be a free float of 48 percent.
Of the overall number of the offered shares, i.e. 1,077,000, up to 714,996
shares derive from a capital increase against cash capital contributions
and up to 221,530 shares result from a secondary placement. Up to 140,474
shares of the current shareholders will be made available in connection
with a possible over-allotment (greenshoe option). Sole selling shareholder
is InVision Holding GmbH, a company jointly owned by the three founders of
InVision Software AG, currently holding 24 percent of the shares in
InVision. Even if the greenshoe option should be fully exercised, the
founders will still hold 51 percent of the shares of InVision.

It is InVision’s core business to develop and market software solutions
that support companies in optimising the deployment of their staff
(Workforce Management). InVision develops since 1995 software based
solutions for highly complex optimization tasks. InVision considers this to
be an essential part of its competitive edge. An optimised staff scheduling
can help to reduce costs due to the fact that an optimum number of
employees is on duty at all times. InVision´s customers usually achieve a
return on investment within 6 to 12 months. In addition, optimised staff
planning also ensures satisfied customers who, for example, no longer have
to spend time queuing at checkouts. Employee’s motivation can be improved
by taking their scheduling requests into account.

International Securities Identification Number (ISIN): DE0005859698
Securities Code Number (WKN): 585969
Ticker Symbol: IVX
Common Code: 030194381

The offer prospectus that was approved by the Bundesanstalt für
Finanzdienstleistungsaufsicht (BaFin) on 24 May 2007 is including
supplements available for downloading at: the homepage of InVision Software
AG: www.invision.de (IPO section).

InVision at a glance:
InVision Software is an internationally-active supplier of enterprise wide
Workforce Management solutions, which enable companies to optimise the
planning and scheduling of their staff. InVision empowers customers to
reduce personnel costs, increase productivity, improve employee
satisfaction and to boost revenue by leveraging better customer service.
Founded in 1995 with its headquarters in Ratingen (Germany), InVision
currently employs more than 120 WFM specialists and has offices across
Europe, North America and South Africa.

Among InVision's clients are numerous international blue chip companies,
such as ABN AMRO, Allianz, BMW, Deutsche Telekom, IKEA, Sky and Vodafone.
For more information, please visit us at www.invisionwfm.com

DISCLAIMER
This publication does not constitute an offer to sell or a solicitation of
an offer to buy or subscribe for any securities. No offer of securities of
InVision Software AG is being, or will be, made to the public outside
Germany. The offer in Germany is being made exclusively on the basis of the
securities prospectus which has been published and filed with the
Bundesanstalt für Finanzdienstleistungs-aufsicht. Any decision to invest in
the securities of InVision Software AG offered should solely be based on
the securities prospectus. Copies of the securities prospectus are
available free of charge at the offices of InVision Software AG and at the
offices of the underwriting banks.
This publication and the information contained herein is not for
distribution, neither directly nor indirectly, in or into the Unites States
of America, Canada, Australia or Japan.
This publication does not constitute an offer for sale of any securities
into the United States. Securities, including any shares of InVision
Software AG in the course of the offer, may not be offered or sold in the
United States or to, or for the account or benefit of, US persons (as such
term is defined in Regulation S under the Securities Act of 1933 as amended
(the 'Securities Act')) unless they are registered under the Securities Act
or exempt from registration. There will be no registration or public offer
of any securities of InVision Software AG in the United States.

Tel.: +49 (0)2102-728-444
Fax: +49 (0)2102-728-111
Email: ir@invision.de

DGAP 12.06.2007

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
www: www.invision.de
ISIN: DE0005859698
WKN: 585969
Indices:

Notierung vorgesehen / designated to be listed

End of News DGAP News-Service

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