USU Software AG — Earnings Release 2007

Nov 12, 2007

News Details

Ad-hoc | 12 November 2007 08:06

USU Software AG: USU reports higher revenues and profit in Q3 2007

USU Software AG / Quarter Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Moeglingen, November 12, 2007 - With a Group-wide revenues increase of
39.8% to EUR 8,525 thousand (previous year: EUR 6,099 thousand), USU
Software AG and its subsidiaries (hereinafter referred to as the 'USU
Group' or 'USU') generated their highest growth rate of the current fiscal
year in the third quarter of 2007. At the same time, USU quadrupled its
earnings before interest, taxes and depreciation and amortization (EBITDA)
year-on-year to EUR 1,543 thousand (previous year: EUR 382 thousand). USU
also significantly increased its earnings before interest and taxes (EBIT)
by 415.6% to EUR 1,201 thousand (previous year: EUR 233 thousand).
In total, USU generated a net profit of EUR 873 thousand (previous year:
EUR 357 thousand) in the third quarter of 2007.

During the first nine months of fiscal 2007, the USU Group boosted Group
revenues according to IFRS by a total of 34.1% to EUR 23,518 thousand
(previous year: EUR 17,541 thousand). EBITDA were up 156.3% to EUR 2,835
thousand (previous year: EUR 1,106 thousand), whilst EBIT rose 160.9% to
EUR 1,800 thousand (previous year: EUR 689 thousand). After interest and
taxes, in the first nine months of 2007, the USU Group generated a 253.0%
increase in net profit to EUR 3,583 thousand (previous year: EUR 1,015
thousand), thus trebling earnings per share to EUR 0.35 (previous year: EUR
0.11) with an average of 10,281,054 shares outstanding (previous year:
9,081,054).

As at September 30, 2007, the USU Group's financial situation remains
extremely sound with cash and cash equivalents of EUR 9,273 thousand
(December 31, 2006: EUR 8,400 thousand) and no liabilities to banks. With
shareholders' equity of EUR 45,298 thousand (December 31, 2006: EUR 42,635
thousand) and a balance sheet total of EUR 53,523 thousand (December 31,
2006: EUR 52,820 thousand), the equity ratio totaled 84.6% on September 30,
2007 (December 31, 2006: 80.7%).

For 2007 as a whole, the Management Board confirms its forecast for the USU
Group to generate an increase in Group revenues well above the market
average to between EUR 32 million and EUR 33 million as well as EBITDA of
over EUR 4 million. The shareholders should again share in the corporate
success in the form of a dividend.

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Information and Explaination of the Issuer to this News:

The full nine-month report for 2007 in English version will be available
for download on the homepage of USU Software AG at
http://www.usu-software.com from approx. 2:00 pm.

Further information will be presented by the company's Management Board at
the 'German Equity Forum Autumn 2007' on November 14, 2007 at 9:45 am at
Congress Center Messe Frankfurt (Ludwig-Erhard-Anlage 1, D-60327 Frankfurt,
Germany).

Contact:
USU Software AG
Investor Relations
Falk Sorge
Tel.: +49 (0) 71 41 - 48 67 351
Fax: + 49 (0) 71 41 - 48 67 108
E-Mail: f.sorge@usu-software.de

USU Software AG
Corporate Communications
Dr. Thomas Gerick
Tel.: +49 (0) 71 41 - 48 67 440
Fax: +49 (0) 71 41 - 48 67 909
E-Mail: t.gerick@usu-software.de

12.11.2007 Financial News transmitted by DGAP

Language: English
Issuer: USU Software AG
Spitalhof
71696 Möglingen
Deutschland
Phone: +49 (0)7141 4867-0
Fax: +49 (0)7141 4867-108
E-mail: investor@usu-software.de
Internet: www.usu-software.de
ISIN: DE000A0BVU28, DE000A0LR7T6, DE000A0LR4U4, DE000A0LR7V2
WKN: A0BVU2, A0LR7T,A0LR4U,A0LR7V
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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