PSI Software SE

Earnings Release • Jan 11, 2005

News Details

Ad-hoc | 11 January 2005 08:32

PSI Continues Positive Order Trend in Fourth Quarter

Ad hoc announcement §15 WpHG Order Entry Fourth Quarter PSI Continues Positive Order Trend in Fourth Quarter Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— PSI Continues Positive Order Trend in Fourth Quarter New orders 17% above the same quarter of previous year The PSI Group increased its new orders in the fourth quarter of 2004 by 17% to 34 million euros (Q4-2003: 29 million euros). In financial year 2004 new orders increased to 126 million euros (2003: 119 million euros). This is the first increase in new orders at PSI since 2000. Cash increased by 5.0 million euros compared to 30 September 2004 and by 1.6 to 18.6 million euros compared to 31 December 2003. By reducing the number of employees by 50 in the fourth quarter of 2004, the personnel costs will decrease in the current year by 3 million euros. The optimization of rented space performed in 2004 will lower costs by 0.8 million euros per year. PSI is starting the new year with a number of new product offers, amongst them the ERP standard PSIpenta 7.0, the PSA system PSIprofessional and the control systems PSIcontrol V7, PSImcontrol and PSIitcontrol. Management therefore expects a continuation of the positive trend in new orders and an improvement in the result. Contact person: PSI AG Karsten Pierschke Communications and Investor Relations Dircksenstraße 42-44 D-10178 Berlin Tel. +49 30 2801-2727 Fax +49 30 2801-1000 eMail: KPierschke@psi.de PSI Aktiengesellschaft Dircksenstraße 42-44 10178 Berlin Deutschland ISIN: DE0006968225 WKN: 696822 Listed: Frankfurt; Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 11.01.2005 110832 Jän 05