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14.04.2000 – 19:36

FORIS AG

ots Ad hoc-Service: FORIS AG Quarterly Report of FORIS AG

The sender is solely responsible for the contents of this announcement. -----------------------------------------------------

    Berlin (ots Ad hoc-Service) - FORIS AG is publishing its first-quarter report for 2000 today. It can be found on the FORIS AG website at www.foris-ag.de.

    The quarter is closing with a deficit of EUR 0.18 per share.

    Total option volumes from current judicial proceedings declined during the reporting period from EUR 47.2 to 42.2 million. These face demands valued at more than EUR 100 million; experience shows that 10-20% of this amount will be reduced in litigation financing agreements still to be concluded.

    In the division of stockpiling companies, turnover showed a welcome increase to EUR 2.6 million during the quarter under report.

    In addition, further negotiations on cooperative ventures with or involvements in strategic partners have nearly been concluded; these will draw considerable attention in the legal market after they are announced.

    Concrete corporate growth indicates that a favorable business result will be achieved at year end.

End ----------------------------------------------------- Internet: http://recherche.newsaktuell.de

Original-Content von: FORIS AG, übermittelt durch news aktuell

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