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31.03.2004 – 18:59

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euro adhoc: InfoGenie Europe AG
Final figures for 2003: positive Group earnings (E)

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Berlin, March 31, 2004 - In fiscal 2003, InfoGenie Europe AG (ISIN DE0007472060) managed to continue its course of consolidation. The InfoGenie Group succeeded in reaching positive earnings territory for the first time, recording EUR 8 k before taxes (previous year: -EUR 3,893 k). Group revenues amounted to EUR 4,587 k (previous year: EUR 2,971 k), representing a 54% improvement year-on-year; the proportion accounted for by InfoGenie Europe AG amounted to 54% (previous year: 62%).

The ongoing restructuring measures led to a further cost reduction of
EUR 400 k in 2003 (previous year: EUR 3.900 k). Thanks to the
company’s strategic reorientation, it was possible to develop and tap
additional sources of revenue.
The capital measures implemented resulted in a substantial increase
in the number of shares, from 1,058.947 to 10,533.947. In addition to
the cash capital increase of 0.750 shares and the non-cash increase
(InfoGenie Global GmbH, 6.5 million shares), Click2Pay GmbH
contributed 2.050 million shares and net sales GmbH 0.175 million
shares. Earnings per share rose from -EUR 0.87 in the preceding year
to EUR 0.29 in 2003.
On the basis of cumulative distributable consolidated earnings, Group
equity stands at EUR 10,628 k. This reflects the successful
continuation of the restructuring program initiated, which in the
current fiscal year is to represent a strategic extension of the
company’s portfolio business consisting of communications and virtual
call center services.
Key figures (EUR ‘000s)                              2003        2002            2001
Total revenues                                          4,587        2,971         2,755
Earnings before taxes                                      8    - 3,893      - 4,653
Financial resources                                      433          220         1,269
Shareholders’ equity:                              10,628          -98(1)    3,046
Total assets                                            14,325        1,635         4,497
Cash flow on current business activity - 1,376    - 1,918      - 4,003
Earnings per share (in EUR)                        0.29(2) - 0.87(3)  - 0.73

(1)Shortfall of EUR 98 k not covered by equity (2)Including EUR 2,000 k in deferred taxes carried as assets (3)The increasing loss per share was the result of the capital stock reduction in a ratio of 6:1 performed in November 2002

The key figures indicated above are based on the consolidated financial statements for 2003 audited and certified in accordance with U.S. GAAP.   The full annual report will be published on April 30, 2004.

Information and explanatory notes on this ad-hoc announcement:

Against the backdrop of the difficult economic situation, InfoGenie managed to deliver a successfully performance in its portfolio activities comprising advisory and information services.

Outlook The growth trend for InfoGenie Europe AG will again be shaped by the general level of economic activity in the current 2004 fiscal year.

The strategic extension of the newly integrated fields of activity to include the Click2Pay procedure represents a logical further development of the portfolio business of InfoGenie Europe AG (virtual call center services and related settlement facilities) all the way to operating as an international payment service provider.

end of announcement            euro adhoc 31.03.2004

Further inquiry note: Iris Stöckl Tel.: +49(0)30.726102-122 Fax: +49(0)30.726102-199 Email:

Branche: Telecommunications Services
ISIN:      DE0007472060
WKN:        747206
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade

Original content of: Wirecard AG, transmitted by news aktuell