ATOSS Software AG — Earnings Release 2005

Jun 7, 2005

News Details

Ad-hoc | 7 June 2005 20:35

ATOSS Software AG: Outlook Adjustment

Ad hoc announcement §15 WpHG Outlook Adjustment ATOSS Software AG: Outlook Adjustment Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— The ATOSS AG management board expects second quarter revenues to come in slightly below the level of the first quarter as well as corresponding earnings effects. To date, ATOSS had anticipated generating sales gains. Viewed from the present point in time, it can be assume that in the first half of 2005 ATOSS will also undercut the overall comparative figures of the same period last year. The positive development of the first quarter with regard to the incoming orders for software licenses has not continued, and the expectations of gaining an initial high volume order from the sales pipeline in the second quarter have not been fulfilled. Consequently, the ATOSS management board adjusted the forecast on the further course of business today. ATOSS had repeatedly called attention to the fact that the growth in sales and earnings in the year 2005 that had been forecasted to date would depend on generating higher volume individual orders impacting sales based on the marked increase in qualified contacts. Even in the case that high volume orders are acquired in the further course of the year, these orders will only partially impact sales and earnings in 2005. In view of the current development, the management board will further advance the targeting and addressing of large scale customers, and to this end may make specific, focused investments to strengthen sales capabilities. Against the backdrop of reduced sales expectations and possible further investments to be committed, the management board no longer anticipates recording gains in sales and earnings in the ongoing business year. It will represent a challenge to match the previous year’s sales and earnings level. In this regard, the management board expects generating a positive result. This forecast, however, excludes the possibility of further investments. Contact: ATOSS Software AG Christof Leiber / Vorstand Am Moosfeld 3, D-81829 Munich Tel.: +49 (0) 89 4 27 71 – 0 Fax: +49 (0) 89 4 27 71 – 100 investor.relations@atoss.com ATOSS Software AG Am Moosfeld 3 81829 München Deutschland ISIN: DE0005104400 WKN: 510440 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 07.06.2005 072035 Jun 05