ATOSS Software AG — AGM Information 2009

Apr 30, 2009

News Details

Corporate | 30 April 2009 13:58

ATOSS Software AG:Dividend of EUR 0.44 approved, outlook remains positive.

ATOSS Software AG / AGM/EGM/Dividend

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Dividend of EUR 0.44 approved, outlook remains positive.

Munich, April 30, 2009 - at today's annual general meeting the Management
Board of ATOSS Software AG was not only able to report a third record year
in succession, but also strong development in business in the current 2009
fiscal year. ATOSS continues to grow and is expanding its share of the
market. Higher sales and results and a highly positive share price
performance produced a virtually unanimous response to the agenda items at
the AGM.

Among the items approved at the AGM was a dividend of EUR 0.44 per share
(compared with EUR 0.31 last year), with the remaining EUR 3.4 million
carried forward to new account. Shareholders also empowered the company to
purchase treasury stock and approved new authorized capital. Given that
ATOSS enjoys a very comfortable position with EUR 16.7 million in liquidity
and an equity ratio of 58%, the management proposed authorized capital
amounting to a maximum of 10% of the capital stock. In the view of the
Management Board, this will ensure that the stock held by shareholders
cannot be diluted.

Consistent demand for workforce management solutions
Against the background of deteriorating international economic development
in recent months, the prospects for the ICT market have also come under a
cloud. As a result, industry association Bitkom expects that while last
year's sales figures should overall be maintained, only the software and
services segments in Germany are likely to see growth of 1.5%. Market
research institute Gartner takes a more negative view and predicts that
sales in the ICT market will fall by 4%, with software alone managing an
increase of just 0.3%. Within the software sector, however, in certain
highly sought-after niches there are still engines of growth that will
clearly distinguish themselves. The deciding factor is whether their
proposition can yield productivity or cost benefits for the customer in
times of economic crisis. This is particularly true of the company's core
business - Workforce Management.

ATOSS is optimistic for 2009
It is clearly evident that with its sustained policy of substantial
investment in research and development, ATOSS has positioned itself
correctly with products and services that put its customers at a
competitive advantage - all the more so in the current difficult economic
environment. The burgeoning demand emanating from both new and existing
customers is proof positive of the potential benefits. As a result in
financial year 2008 ATOSS achieved an increase in sales of 10%, compared
with 4.2% for the software market as a whole.

For the first quarter of 2009, ATOSS has again posted new record figures.
Overall sales were up 11% at EUR 7.1 million. The software licensing
business in particular is proving to be an engine of growth, with revenues
up 21% at EUR 1.6 million. Orders on hand for software licenses were more
than double the previous year's figure. ATOSS also booked an operating
result of EUR 1.5 million (up 16%), while the margin on sales rose to 21%.

With a record order book valued at EUR 3.7 million on March 31, 2009 (up
from EUR 1.5 million), the Management Board takes an optimistic view of the
future. In the current financial year it is expected that ATOSS will
further increase its market share and repeat last year's record figures - a
forecast which the Management Board reserves the right to adjust. Such
adjustment may be supported by continuing strong business performance in
the course of the year as well as by substantial individual orders.

Upcoming dates:
May 4, 2009 Dividend distribution (0,44 EUR e.)
May 15, 2009 Publication of the 3-monthly financial statements

Further information available from:
http://www.atoss.com
Contact: ATOSS Software AG
Christof Leiber / Member of the Management Board
Am Moosfeld 3, D-81829 Munich
Tel.: +49 (0) 89 4 27 71 - 265
Fax +49 (0) 89 4 27 71 - 100
investor.relations@atoss.com

30.04.2009 Financial News transmitted by DGAP

Language: English
Issuer: ATOSS Software AG
Am Moosfeld 3
81829 München
Deutschland
Phone: +49 (0)89 4 27 71-0
Fax: +49 (0)89 4 27 71-100
E-mail: revolution-in-time@atoss.com
Internet: www.atoss.com
ISIN: DE0005104400
WKN: 510440
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

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