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ots Ad hoc-Service: Easy Software AG <DE0005634000> EASY SOFTWARE confirms 2000 sales budget and increases target figures for 2001

Muelheim a.d. Ruhr (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Consolidated sales increased by 72 in the first half-year /
Extensive groundwork in the expansion of the international
distribution network shows results
For EASY SOFTWARE AG of Muelheim, the first half of 2000 was
marked by a considerable increase in sales as well as high
investments and intensified international growth both in Europe and
overseas. This follows from the company's semi-annual report that was
published today.
Based on the half-year results and in view of the expansion of
business activities, EASY also announced that its target figures for
the year 2001 have been adjusted upwards.
Corporation-wide, the specialist for electronic archiving and
document management systems (DMS), traded in the Frankfurt Neuer
Markt, achieved a 72 percent increase in sales compared to the same
period in the previous year (DEM 34.66 million vs. DEM 20.12
million).
This corporate growth is more than double that of the entire DMS
market and corresponds exactly to EASY's internal annual schedule.
This schedule emphasizes the second half of the year, as is typical
in the software market, and projects the following expected sales for
the next two quarters: 3rd quarter - DEM 20.4 million / 4th quarter
DEM 29.3 million.
The gross profit of the EASY group improved disproportionately in
the first half of 2000 by 83 percent to DEM 32.88 million (DEM 17.95
million in the previous year); this can be attributed mainly to the
growing share of the profitable software and service business.
The pre-tax profit from ordinary activities according to IAS comes
to DEM 2.54 million within the group. The comparable figure for the
previous year, i.e. without proportionate floatation expenses, was
DEM 1.36 million.
The development of the core businesses of the German parent
company EASY SOFTWARE AG and the EASY subsidiary ScanOptic
Gesellschaft für Scanner- und optische Speichertechnologie mbH in
Muelheim proved especially satisfactory. Considerable investments
were made in the foreign market sector to promote
internationalization and open up new markets, as was already
described during the company's press and analyst conference in the
spring.
These planned special investments have also shaped the DVFA/SG
result which shows a consolidated semi-annual surplus of DEM 840k, or
DEM 0.16 (EURO 0.08) per share. Adjusted for the high foreign
investments in France, the UK and the USA, the result would lie at
DEM 0.54 (EURO 0.27) per share, compared to DEM 0.36 (EURO 0.18) in
the first six-month period of 1999.
This development of results is congruent with the company's
internal annual schedule. For the second half of the year, the
forecast expects the following cumulative yields: EURO 0.20 per share
by 9/30 and EURO 0.76 per share by 12/31.
Considering the business development of the American, British and
French foreign subsidiaries, it is expected that they, too, will make
positive contributions to the overall sales revenue as early as this
year.
The personnel expenses - including social security contributions -
increased to 15.58 million DEM (1999: 7.48 million DEM) for the
entire group. All in all, the workforce of the EASY group consisted
of 327 employees (139 in the previous year) as of June 30, 2000.
Based on the results that were achieved during the first six-month
period, and in view of the usually strong second half of the year,
the company's Board of Directors saw their current schedule for the
year 2000 confirmed. This schedule expects sales proceeds of DEM 84
million and a yield per share of EURO 0.76; these target figures for
2000 do not yet include the new business areas EASY SOLUTIONS and
"myEASY.de".
For the 2001 business year, EASY SOFTWARE has announced an upward
adjustment of the corporate sales target figures from previously DEM
124 million to DEM 140 million, and a projected increase of profits
from EURO 1.30 per share to EURO 1.37 per share.
These numbers include the new consulting and direct business of
EASY SOLUTIONS, the new Austrian EASY SOFTWARE company in Vienna, and
also the future Internet activities of "myEASY.de" as an Application
Service Provider.
The Board of Directors EASY SOFTWARE AG Investor Relations
Eppinghofer Straße 50 D-45468Muelheim
Tel. ++49(0)208-45016-140 Fax:++49(0)208-45016-108
E-mail:  information@easy.de
EASY SOFTWARE Kornzer, Mühlheim a.d. Ruhr Unternehmensdaten auf
einen Blick (IAS) in TDM Key figures ofthe group (IAS) in TDM
1. Halbjahr                     30.6.00   30.6.99  Veränderung /
                                                   Change in %
Umsatzerlöse                    34.660    20.123    + 72%
Sales revenues
Gesamtleistung                  39.925    22.139    + 80%
Total turnover
Rohergebnis                     32.883    17.950    + 83%
Gross Profit
Betriebsergebnis-EBIT            2.430     1.344    + 81%
Operating results
Vorsteuerergebnis EBET           2.544     1.358    + 87%
Profit from ordinary activ.
Periodenüberschuß                  840     1.855    - 55%
Net income DVFA/SG
Gewinn je Aktie                0,16/0,08 0,36/0,18  - 55%
Earnings per share
(DM/EURO)
Personalaufwand                 15.578     7.478    +108%
Personnel expenses
Anzahl Mitarbeiter 30.6            327       139    +135%
Number of employees
End
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