Alphaform AG

ots Ad hoc-Service: Alphaform AG Alphaform increases turnover by 34%

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    Frankfurt (ots Ad hoc-Service) -    

    Alphaform AG Enabling Technologies & Services, listed on the Neuer Markt since June, has increased turnover in the first 6 months of 2000 by 34% to approx. 4.7 million euros (previous year: 3,5 million euros). As part of the internationalisation strategy - the service provider and manufacturer of high-tech prototypes opened a sales subsidiary in Northern Italy (Turin) in the first half of 2000 - the share of foreign turnover rose to 20%. In the overall 1999 business year this share amounted to 14%, In the course of increased diversification efforts, the share of the automobile industry in overall turnover was reduced in favour of the growth areas aerospace industry as well as electronics from 79% to below 70%.

    Financial performance in the reporting period was at -0.1 million euros (previous year: -0.2 million euros). As a result of the listing on the stock exchange, the balance structure on 30. June 2000 is characterised by the increase of equity capital. The subscribed capital rose from 0.3 million euros to 5 million euros, the capital reserve from 3.3 million euros to 31,6 million euros. The number of staff in the reporting period rose to 148 (previous year: 103).

    Profit performance is within the planned range according to the Board of Directors with -1.99 million euros (previous year -0,6 million euros). In comparison to the previous year one must take into consideration in the first 6 months of 2000 the high up- front costs for the establishment of a new technology center - a spin-off from the former research and development department of Mannesmann VDO,

    For further information please contact: Investor Relations:

    Engel & Zimmermann AG Vanessa Koop Agentur für Wirtschaftskommunikation Alphaform AG Enabling Technologies & Services Schloss Fußberg, Am Schlosspark 15, Kapellenstr. 10, 82131 Gauting 85622 Feldkirchen Tel: 089-89 35 633, Tel: 089/90500234, Fax: 089-89 39 84 29 Fax: 089/90500290 Email: Email:

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