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TTL Beteiligungs- und Grundbesitz-AG

ots Ad hoc-Service: TTL Info. Technology AG <DE0007501009> Project business turns in high-growth performance Investment volume upped by 195 %

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
TTL Information Technology AG, a vendor of complete IT packages in
the field of large mainframe systems has published its figures for
the 1st quarter of 2000. As per 31 March 2000, the operating result,
at 2,238,000 DM, and profits after tax, at 919,000 DM, were both up
on last years equivalent figures.
In particular, the companys core business, with projects involving
integrated all-inclusive packages, saw sales revenues rise by 17 %;
the result rose from 1,352,000 DM to 2,757,000 DM, up by 104 %. TTLs
investments in fixed assets were increased to more than 33 million DM
during the 1st quarter of 2000, up by 195 % over the preceding year.
TTL AG will be purposefully progressing its expansion strategy,
aimed at creating additional medium and long-term growth
opportunities for the group through carefully selected acquisitions.
The purchase of 1st DATA Solution Vertriebs GmbH approved by the AGM
on 27 April 2000 will in the months ahead produce synergetic effects
of continuing benefit to the sales and earnings situation.
End
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