InVision AG

Earnings Release • Aug 31, 2009

News Details

Corporate | 31 August 2009 10:19

InVision Software AG Confirms Preliminary Half-Year Results and Outlook 2009

InVision Software AG / Half Year Results/Half Year Results

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InVision Software AG Confirms Preliminary Half-Year Results and Outlook
2009

• Increase of total revenues up to Euro 6.39 million in the first half-year
  2009
• Licence revenues climb up disproportionally by 184 percent to Euro 2.69
  million

Ratingen (Germany), August 31st, 2009 - InVision Software AG (ISIN:
DE0005859698), one of the leading international provider of solutions for
enterprise-wide workforce management, today published its interim financial
report for the first half-year 2009. Therein, the Company confirms its
preliminary results released on August 19th, 2009. According to the final
figures, Group revenues increased by 26 percent up to EUR 6.39 million from
EUR 5.07 million reported in the previous year. The EBIT equaled EUR -2.87
million, compared to EUR -3.41 million in the first half-year 2008. In the
first six months of the current fiscal year, net Group results totalled EUR
-2.13 million, compared to EUR -1.94 million in the same period last year.
Accordingly, earnings per share were EUR -0.95 in the first half-year 2009
(first half-year 2008: EUR -0.87).

Licence revenues increased disproportionally by 184 percent up to EUR 2.69
million in the first six months of 2009. In the same period last year, the
Company generated EUR 0.95 million with software licence sales. This
increase is attributable to the positive effects of the intensification of
sales efforts during the fiscal year 2008. Additionally, several contracts
have now been completed after postponement in the fourth quarter 2008. As
already reported in the announcement of the preliminary half-year results,
services revenues declined by 33 percent down to EUR 1.65 million (first
half-year 2008: EUR 2.45 million) as a consequence of lower licence
revenues during the end of fiscal year 2008. In the medium-term, the
continuous growth of licence revenues since beginning of 2009 is expected
to increase services revenues as well. Maintenance revenues climbed up by
22 percent to EUR 2.05 million from EUR 1.67 million earned during the same
period of the previous year.

Revenues in the 'Germany, Austria and Switzerland' region remained constant
with EUR 2.44 million in the first six months 2009, compared to EUR 2.47
million in the previous year. In contrast, revenues generated in other
foreign countries increased by 52 percent up to EUR 3.95 million (first
half-year 2008: EUR 2.60 million).

Furthermore, InVision Software AG confirmed its outlook and the Company's
plans remain unchanged, expecting a significant increase in revenues as
well as an EBIT of app. EUR -2.2 million for the fiscal year 2009.

The complete financial report for the first half-year of 2009 can be
downloaded right away from the Company's website www.invisionwfm.com at the
Investor Relations section.

About InVision Software AG
InVision Software AG is a world-leading supplier of enterprise-wide
workforce management (WFM) solutions which enable companies to optimise
their staff planning and scheduling processes. InVision empowers customers
to reduce personnel costs, increase productivity, improve employee
satisfaction and to boost revenue by leveraging better customer service.
Founded in 1995 and based in Ratingen (Germany), InVision currently employs
more than 220 WFM specialists and has offices across Europe, North America,
and South Africa. InVision Software AG (IVX) is listed in the Prime
Standard Segment of the Frankfurt Stock Exchange. Among InVision's clients
are numerous international blue chip companies, such as ABN Amro, Allianz,
BMW, Deutsche Telekom, IKEA, Sky and Vodafone.
Further information: 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

31.08.2009 Financial News transmitted by DGAP

Language: English
Issuer: 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

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