ATOSS AG

ots Ad hoc-Service: ATOSS Software AG Strong disproportional sales and earnings growth in the first quarter of 2001

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    Munich (ots Ad hoc-Service) -  ATOSS Software AG: Strong disproportional sales and earnings growth in the first quarter of 2001

    For the first quarter of the current financial year, ATOSS Software AG of Munich reports both continuation of the high growth rates achieved in the previous quarters and a positive surplus. Altogether, the leading vendor of e- business solutions in the Staff Efficiency Management (SEM) field increased sales to DM 11.1 m between January and March 2001, attaining a 30 percent increase over the DM 8.5 m generated during the same period of the previous year. Earnings after tax are reported at DM 0.1 m as compared to a deficit of DM 1 m in the first quarter of 2000, and earnings before tax add up to DM 0.2 in comparison to minus DM 2 m in the first quarter of 2000. The business area concerned with Staff Efficiency Management (SEM) software licenses again showed particularly satisfactory development, increasing by 91 percent in sales to DM 4.4 m as compared to DM 2.3 m in the first quarter of 2000. ATOSS will continue to profit from existing blue chip customers, promising business with new customers in the health sector, and growing business with partner firms. A new cooperation deal has also been signed with KPMG Consulting, laying the foundation stone for long-term growth and consolidation of ATOSS'market position. ATOSS reckons with continued positive development of sales and earnings in the second quarter, but not at the same high levels of the first. In the current financial year, sales are expected to grow by about 21 percent to approx. DM 51 m, and results from operating activities are projected to reach approx. DM 4.1 m.

For further information, please visit http://www.atoss.com ATOSS Software AG Christof Leiber Am Moosfeld 3 81829 Munich Germany Tel.: +49 (0) 89 4 27 71-265 Fax: +49 (0) 89 4 27 71-58265 Info@atoss.com

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