Nexus AG

ots Ad hoc-Service: Nexus AG NEXUS AG increases turnover by 56%

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    Villingen-Schwenningen (ots Ad hoc-Service) -      NEXUS AG
increases turnover by 56%

      November, 28th 2000 - The Neuer Markt
listed NEXUS AG Villingen-Schwenningen, increased its turnover by 56%
to stand at 40.5 million DEM in the first nine months of this year.
The healthcare IT-solution provider attributes this growth to the
high demand for its software product MedFolio - the integrative
treatment and quality management system and INO- RMS - the radiology
management system. In this segment the turnover increased by 87% to
stand at 7.45 million DEM. At the same time the consolidated net loss
amounted to 8.7 million DEM in the same period. Included in this
there are 3.28 million DEM write offs resulting from the sale of
Forest Products & Service GmbH and the restructuring of the
healthcare service segment. Due to a higher depreciation rate, the
investment in the Medizin Forum AG had to be written off by 1.23
million DEM in the first nine months of 2000. The company emphasises
that these depreciations will only effect the current year and will
not lead to further losses in the next quarters.

    On 30th September 2000 Nexus employed 403 staff members. Due to the sale of Forest Products & Services GmbH the number of employees will be reduced by approximately 200.

    In the fourth quarter 2000 Nexus intends to continue with its growth in its consolidation course. The emphasis of its strategy will be on the strengthening of its core business. Consequently the internationalisation of the group and the enlargement of the groups product range, will lead to a higher turnover and higher margins.

    Additional information can be obtained from:

    NEXUS AG wordstatt GmbH Carmen Stangl Dagmar Metzger Auf der Steig 6 Silberpappelstraße 7 78052 Villingen-Schwenningen 80935 München Tel.: 0 77 21/84 82 32 Tel.: 089/357 75 79-0 Fax: 0 77 21/84 82 99 Fax: 089/357 75 79-9

    End ----------------------------------------------------- Internet:

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