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Beta Systems Software AG

euro adhoc: Beta Systems Software AG
Financial Figures/Balance Sheet
Beta Systems delivers another set of convincing results: brisk business at year-end 2008 and the second record year in a row

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
03.03.2009
- Substantial increases and improvement in margins in respect of 
earnings before tax (EBT)
Berlin, March 3, 2009 - Pending the outcome of the annual financial 
statements audit, Beta Systems Software AG (BSS, ISIN DE0005224406) 
generated significantly higher earnings before tax (EBT) which came 
to EUR 6.0 million in the fiscal year 2008 (2007: EUR 4.9 million). 
According to preliminary calculations, the Berlin-based software 
supplier has therefore raised EBT by 22% as compared with the 
year-earlier figure.
Total revenues advanced by EUR 1.8 million to EUR 90.4 million (2007:
EUR 88.6 million). This growth was achieved in the wake of strong 
business, especially in the fourth quarter of 2008, on the back of a 
stronger market position with financial services providers and large 
enterprises and also, among other measures, through the acquisition 
successfully completed in 2008. Earnings before interest and tax 
(EBIT) grew considerably to EUR 6.5 million (2007: EUR 5.8 million). 
Similarly, earnings before interest, tax, depreciation and 
amortization (EBITDA) rose to EUR 10.4 million (2007: EUR 9.4 
million). The operating cash flow of EUR 2.3 million was clearly 
positive as in the preceding quarters of 2008 (2007: EUR -1.3 
million).
Preliminary Key Financial Data for the Fiscal Year 2008 - Total 
revenues climb by 2% to EUR 90.4 million (2007: EUR 88.6 million) - 
EBIT rises to EUR 6.5 million (2007: EUR 5.8 million) / EBIT margin 
advances to 7.2% (2007: 6.6%) - EBITDA improves to EUR 10.4 million 
(2007: EUR 9.4 million) / EBITDA margin increases to 11.5% (2007: 
10.6%)
Preliminary Key Financial Data for Q4/2008 - Strong year-end 
business: total revenues climb by 3% to EUR 28.3 million (2007: EUR 
27.4 million) - EBIT rises to EUR 5,7 million (2007: EUR 5.1 million)
- EBITDA improves to EUR 6,7 million (2007: EUR 6.0 million)
End of the unscheduled announcement
Information and explanations by the issuer on this unscheduled 
announcement:
Outlook for the Fiscal Year 2009 Guidance for revenues and profit can
only be provided with the requisite reserve and caution given the 
general economic conditions and the specific risks in the financial 
sector. Based on the Company's stable market position, strengthened 
in the wake of additions to the holdings portfolio, such as the 
effective takeover of the DETEC Group, Management anticipates that 
raising revenues and profit should be possible in the current fiscal 
year as well. In this process the aim is to outperform the overall 
market.
Statement by the Management Board "In 2008, following on from our 
turnaround in 2007, we have again delivered impressive proof of the 
sustainability of our success by setting new records for revenues and
profitability. Contrary to the general trend in the market, all our 
business segments recorded orders placed by the largest German and 
European banks, IT and transaction service providers in the 
double-digit million euro range which will cover the fiscal years 
ahead", explained Kamyar Niroumand, Chief Executive Officer of Beta 
Systems Software AG, and added: "This is evidence of the fact that 
our customers, especially those in the financial sector, feel the 
strong need to take decisive action in the wake of the economic 
slowdown in respect of their cost efficiency, risk monitoring and 
security requirements, which will lead to sustained and strong demand
for our products, solutions and services."
Gernot Sagl, Chief Financial Officer, commented as follows: 
"Optimizing our cost structures within the Group in recent years has 
resulted in us making enormous progress in cutting our operational 
expenses while raising the operational cash flow and improving the 
liquidity and equity position. This has served to strengthen our 
financial flexibility enormously and has made us more independent in 
the financing of future profitable growth."
The audited annual results of 2008 will be released in their full 
version on March 30, 2009.
Beta Systems Software AG - Agility Integrated Beta Systems Software 
AG Berlin (Prime Standard: BSS, ISIN DE0005224406) develops 
high-profile software products and solutions for the secure and 
efficient processing of large data volumes. The core businesses of 
Beta Systems are document processing as well as IT user management 
data processing in data centers and compliance solutions. In 
addition, the Beta 4Agility suite offers large companies new 
integration products to enhance their agility in IT and business 
processes. These products serve to simplify the automation of data 
and document processing and enhance the security and performance of 
IT.
Beta Systems was founded in 1983, has been a listed company since 
1997, and has a workforce of more than 600 employees. The company´s 
principal place of business is Berlin. Beta Systems operates through 
Centers of Competence in Augsburg, Cologne and Calgary, as well as 19
subsidiaries worldwide and cooperations with numerous partner 
companies. With more than 3,000 running installations, it has a 
customer base of more than 1,300 major companies from the sectors of 
financial services and IT service providers and industry at large in 
Germany, Europe and the USA.
More information on the company and its products can be found under
www.betasystems.com.
end of announcement                               euro adhoc

Further inquiry note:

Contacts:

Company contact:
Beta Systems Software AG
Stefanie Frey
Investor Relations
Tel.: +49 (0)30 726 118-171
Fax: +49 (0)30 726 118-800
e-mail: stefanie.frey@betasystems.com

Agency contact:
HBI PR&MarCom GmbH
Alexandra Osmani,
Alexandra Janetzko
Tel.: +49 (0)89 99 38 87-37/-32
Fax: +49 (0)89 930 24 45
e-mail: alexandra_osmani@hbi.de
e-mail: alexandra_janetzko@hbi.de

Branche: Software
ISIN: DE0005224406
WKN: 522440
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade

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