ots Ad hoc-Service: i:FAO AG i:FAO Reports Fiscal Year 2000 Results

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    Frankfurt (ots Ad hoc-Service) - i:FAO Aktiengesellschaft, a leading provider of business travel eProcurement software makes the results for the i:FAO Group for the fiscal year 2000 public:

    - Significant growth in all areas. - Gross Profit is up +57% compared to 1999. - The Total Performance increased to EURO 9,678 Mio. (in 1999 EURO 6,541 Mio.) and confirms the fundamentally positive development. - Strong growth for cytric: The number of customers increased by +328% to 557 at the end of 2000, compared with 130 at the end of 1999. - The i:FAO AG had, in spite of high market entrance expenses, a positive operating income in the fourth quarter of 2000. - Earnings per Share EURO 1,75 - Additional information will be given at a results press conference on January 29, 2001 at 11.00 am in Frankfurt am Main. A DVFA analyst conference is hosted on the same day at 1.30 pm.

    The Annual Report for 2000 ist available from January 29, 2001, approx. 12.00 noon, from http://www.ifao.net as a .pdf file for download.

    The Executive Management Board


    Louis Arnitz i:FAO Aktiengesellschaft Telephone: +49 (69) 7680-5500 eMail: arnitz@ifao.net

    Detailed information for Investors is available on the Internet at http://www.ifao.net/ir. Additional information, graphics files and pictures in high resolution are available in the press area of the i:FAO website at http://www.ifao.net

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