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ots Ad hoc-Service: PC-WARE Info. Technolo. <DE0006910904> PC-Ware AG reports half-year sales up 37%

Leipzig (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
PC-Ware AG reports half-year
sales up 37%
Leipzig-based PC-Ware Information Technologies AG reports a 37% y-
o-y increase for the first six months of FY 2000/2001 (April 1 thru
September 30), posting sales of EUR 61.1 million for the period.
The DVFA/SG adjusted profit for the same period grew as planned to
EUR 0.57 million (previous year: 0.55). This half-year result does
not yet include the August, September and October discounts from the
Microsoft licensing business which are paid by Microsoft only at the
end of the calendar year; in the first quarter of the reported period
PC-Ware achieved the maximum discount entitlement (4% of license
sales).
Clearly top level sales increases were contributed by the
company's two high-tech divisions, New Technology Developments and
Integrated System Solutions, meaning that PC-Ware has been able to
build on its technological position despite the difficult market
environment. Significantly raised staffing levels in these two
divisions as well as in sales and distribution provide a sound basis
for the company's development going forward.
A number of important long-term agreements with major customers
were signed during the period (e.g. supply of Microsoft products
worth EUR 178 million to the German public sector over the next three
years; license agreement worth EUR 12.8 million (plus a substantial
updating option) with the German armed forces). In addition, PC-Ware
continued to expand its customer base in the financial community, the
insurance sector and in general trade and industry.
A major financial services provider has chosen the company's
original "PC-WARE in4meta" Internet site management system (more than
200 installations to date) to implement one of the world's largest
Intranet projects. Development work on the company's e- licensing
technology proceeded as budgeted and scheduled; initial pilot
projects are expected to be launched before the end of the financial
year. The Board is confident that PC-Ware AG will accomplish the
sales and profit targets for the full financial year ending March 31,
2001.
The complete half-year report is scheduled for release on November
27 and will then be posted at www.pc-ware.de.
For more information contact: Beate Sailer PC-Ware Information
Technologies AG Tel: 0341 2568-000
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