InVision AG

Earnings Release • Nov 5, 2009

News Details

Ad-hoc | 5 November 2009 11:42

InVision Software AG Publishes Preliminary Figures for the First Nine Months 2009 and Confirms Upward Trend

InVision Software AG / Preliminary Results/Quarter Results

05.11.2009

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The issuer is solely responsible for the content of this announcement.

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Ratingen (Germany), November 5th, 2009 - According to preliminary figures,
InVision Software AG (ISIN: DE0005859698), a leading international provider
of enterprise-wide workforce management solutions, has increased revenues
by app. 6 percent in the first nine months 2009. Total revenues raised up
to app. EUR 9.2 million compared to EUR 8.7 million reported in the same
period in the previous year. Above all, the important licence business
increased by app. 33 percent climbing up to app. EUR 3.5 million compared
to EUR 2.6 million in the first nine months 2008. Based on the preliminary
figures for the first nine months 2009, the EBIT is projected to be app.
EUR -4.4 million which is in line with the Company's expectations. During
the same period of the previous year, the EBIT was EUR -6.0 million.

The Company ascribes the sustained increase of licence revenues to the
positive effects of the intensification of sales efforts during the
previous year. In addition, maintenance revenues raised up to app. EUR 3.3
million compared to EUR 2.5 million earned during the same period of the
previous year. This represents an increase of app. 30 percent. In contrast,
services revenues are still suffering from the consequences of low licence
revenues achieved end of 2008: Services revenues are estimated to decline
by app. 31 percent down to app. EUR 2.4 million (first nine months 2009:
EUR 3.5 million). Due to the continuous clear growth of licence revenues
since beginning of 2009, the Company expects increasing services revenues
in the medium-term as well.

Based on these preliminary figures for the first nine months of 2009,
InVision Software AG reconfirms its guidance for the fiscal year 2009,
ending December 31st. InVision's plans for 2009 remain unchanged and the
Company expects a significant increase in revenues as well as an EBIT of
app. EUR -2.2 million for the fiscal year 2009.

The complete interim financial report for the first nine months of 2009
will be available for download beginning November 30th, 2009, from the
Investor Relations section at the Company's website
www.invisionwfm.com.

Contact:
Jutta Handlanger,
Head of Corporate Communications,
InVision Software AG,
Halskestrasse 38,
40880 Ratingen (Germany),
phone: +49 (0)2102 728-444,
fax: +49 (0)2102 728-111,
email: ir@invision.de

05.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: 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
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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