CPU Softwarehouse — Earnings Release 2001

May 30, 2001

News Details

Ad-hoc | 30 May 2001 23:00

CPU Softwarehouse AG english

Ad hoc announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Correction In the ad hoc announcement 28 May 2001, 8.32 a.m. (english version), the first paragraph, second sentence, instead of: “The main indicator for the success of the measures introduced is the operating result of 2.5 million DM (EBITDASO),…” it must read: “The main indicator for the success of the measures introduced is the operating result of -2.5 million DM (EBITDASO),…”. The complete corrected announcement is: 1st Quarter 2001: CPU achieves increase in turnover and improvement of operating result all key figures better than targeted Augsburg, 28.05.2001. The results of the first quarter 2001 support the course taken by the new CPU management in the second half of 2000. The main indicator for the success of the measures introduced is the operating result of -2.5 million DM (EBITDASO), an improvement of around 67%, com-pared to the same quarter last year. Turnover increased by 21%, compared to the previous year, to reach approx. 5 million DM. As of 31.03.2001, the orders on hand amounted to 10 million DM, this being about 1 million DM above the figures for the same period last year. All key indicators for operative business activity are therefore better than the target figures. At the beginning of April 2001, CPU received a major order from one of the leading German direct banks, to provide the investment advisory software, INA Investment Advisor, with an option to extend the initial order volume of over 3 million DM during the system introduction phase in the next six months. The restructuring measures introduced throughout the corporate group, in the second half of 2000, were accompanied by a conscious reduction in the workforce. While continuing to ap-ply a strict cost management strategy, oriented to realistically achievable turnover figures, CPU will also pursue a precisely targeted programme to once again increase the resources for credit and investment business, in order to optimally fulfil existing and coming orders. IR contact Brigitte Zellner-James Tel.: 0821/4602-166 Fax: 0821/4602-179 e-mail: investor@cpu-ag.com URL: http://www.cpu-ag.com end of ad hoc announcement (c) DGAP 30.05.2001 ——————————————————————————– WKN: 545430; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 302300 Mai 01