DataDesign AG

ots Ad hoc-Service: DataDesign AG 38% increase in Q1 revenues over previous year - Optimization program carried out - Considerable volume of incoming orders and order backlog

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      Munich (ots Ad hoc-Service) - With sales revenues amounting to
5.2 million DM in the first quarter of 2001, DataDesign AG was able
to better last year's performance by 38% in spite of reducing staff
from 183 to 149 employees. License and service revenues increased
from 2.2 million DM to 4.6 million DM, which spells even steeper
growth of 113%. Even in the face of one-off costs in the amount of
some 1.3 million DM that the company incurred for optimization
measures, the quarterly result improved from negative 4.1 million DM
in the previous year to negative 2.6 million DM this year. Cost
reduction measures were implemented in the first quarter. These will
have a significant effect on future performance, particularly during
the second quarter. By the end of the year, these measures are
expected to yield savings in the amount of 5.3 million DM. Incoming
orders for the first quarter tallied to 7.4 million DM, yet again
topping previous years' figures. The backlog of orders currently
amounts to 7.5 million DM.

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