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ATOSS Software AG / Quarter Results/Forecast

25.07.2008

Release of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Corporate News

ATOSS Software AG reports new record figures, half-year results
significantly above last year, margin on sales now 21%, forecast raised.

Munich, July 25, 2008 – ATOSS Software AG, the specialist in software
solutions covering all aspects of intelligent workforce management and
scheduling, continues to record undiminished growth. Provisional figures
show sales in the first half-year up 14% at EUR 13.3 million (previous year
EUR 11.7 million). Meanwhile, in the second quarter ATOSS accelerated sales
growth still further with an increase of 17%.

Key results have improved even more strongly with operating profits to June
30, 2008 coming in at more than EUR 2.7 million, up 45% on the year before (EUR
1.9 million), in line with the margin on sales of 21%.

ATOSS Software AG has not only maintained but actually accelerated its
sustained pattern of growth. In view of the substantial increase in orders
on hand as well as the current results, the Management Board expects this
positive development to continue and has adjusted its forecasts
accordingly. The operating profit of over EUR 4 million (previous year EUR 3.7
million) thus far expected for the financial year is now likely to be
substantially exceeded.

Strong development in sales of software licenses and consulting

Having already put on satisfying growth in the first quarter of 2008, ATOSS
was able to record a further marked increase in this trend in Q2. Sales
climbed 17% to above EUR 6.9 million (previous year EUR 5.9 million), with
consulting services in strong demand alongside software licenses.

Overall in the first half of 2008 ATOSS recorded sales up by 14% from EUR
11.7 million last year to EUR 13.3 million. In the process, the Munich-based
software specialist has added a substantial number of new customers to its
portfolio, including more prominent clients in the retail sector. This
sector in particular is experiencing an upturn in investment, as
increasingly flexible opening times call for professional personnel
resource planning.

This rising demand was reflected in particular in burgeoning sales of
software licenses and consulting services. Turnover in software licenses in
the first half of 2008 rose by 12% from EUR 2.5 million to EUR 2.8 million,
with consulting in association with new projects actually putting on 23%
from EUR 3.0 to EUR 3.7 million.

Robust stability is a key element in corporate strategy

Following on from the growth in software licenses, ATOSS continues to
record constant positive development in the field of software maintenance.
In the first half of 2008, income from software maintenance revenues
climbed 10% from EUR 4.5 million to EUR 4.9 million, and accounted for 37% of
Group turnover. With a customer base established over a long period of
time, ATOSS enjoys considerable stability in this field.

In addition to further enhance the stability of its turnover, ATOSS
generally books software licensing sales in line with project progress,
rather than at the time contracts are concluded.

To underpin further growth, expenditure on research and development in the
first half was also increased by 12% to EUR 2.4 million (previous year EUR 2.2
million). The company has also continued to expand its consulting
capacities which remain well utilized. Against this background ATOSS looks
forward to further substantial growth.

Outstanding increase in results, operating margin climbs to 21%

After booking an operating profit of EUR 1.3 million in Q1, ATOSS went on to
achieve a result in excess of EUR 1.4 million (previous year EUR 1.0 million)
in the second quarter of 2008. EBIT in the first half of 2008 was
accordingly up 45% at over EUR 2.7 million (previous year EUR 1.9 million).
Similarly, the net result (EUR 1.7 million, up from EUR 1.2 million last year)
as well as earnings per share at EUR 0.43 (previous year EUR 0.31) also rose at
a disproportionate rate relative to sales. The operating margin reached
21%, compared with 16% in the preceding year.

Operating cash flow in the first half remained positive at EUR 0.5 million,
but lagged behind the previous year’s figure of EUR 2.2 million. Even after
paying a dividend of around EUR 1.2 million, liquidity was up 6% over the
year before at EUR 12.5 million. ATOSS thus had funds of EUR 3.12 per share in
circulation at its disposal, compared with EUR 2.97 in the year before. The
company’s financial strength remains undiminished with a strong equity
ratio of 61% (previous year 57%).

Strong order book underpins further profitable growth

With EBIT of EUR 2.7 million already booked to June 30, 2008 and orders on
hand for software licenses up 32% at EUR 2.0 million (previous year EUR 1.5
million) due in particular to the strong order intake in the second
quarter, the Management Board expects the business to continue to develop
along highly positive lines. The previous forecast which foresaw a
full-year operating result in excess of EUR 4 million (previous year EUR 3.7
million) for 2008 has therefore been revised upwards. EBIT is now expected
to be substantially above EUR 4 million, with the company achieving a new
record result.

Upcoming dates:

August 22, 2008 Publication of the 6-monthly financial statements

October 24, 2008 Press release announcing the 9-monthly statements

November 21, 2008 Publication of the 9-monthly financial statements

Further information available from: http://www.atoss.com
Contact: ATOSS Software AG
Christof Leiber / Member of the Management Board
Am Moosfeld 3, D-81829 Munich
fon.: +49 (0) 89 4 27 71 - 265
fax: +49 (0) 89 4 27 71 - 100
investor.relations@atoss.com

CONSOLIDATED OVERVIEW : Half-yearly comparison to June 30

In TEUR as per 01.01.2008  Proportion of   01.01.2007  Proportion of   Chan
IFRS                 -     Total sales           -     Total sales     ge
             30.06.2008       revenues   30.06.2007       revenues
Sales           13,319           100 %      11,653           100 %   14 %
Software         7,713            58 %       6,966            60 %   11 %
of which         2,820            21 %       2,508            22 %   12 %
software
licensing
of which         4,894            37 %       4,459            38 %   10 %
software
maintenance
Consulting       3,664            28 %       2,978            26 %   23 %
Hardware         1,540            12 %       1,361            12 %   13 %
Miscellan-         403             3 %         347             3 %   16 %
eous
EBITDA           2,916            22 %       2,135            18 %   37 %
EBIT             2,735            21 %       1,882            16 %   45 %
EBT              2,555            19 %       2,069            18 %   24 %
Net income       1,731            13 %       1,244            11 %   39 %
Cash flow          522             4 %       2,239            19 %   -77 %
Liquidity       12,472                      11,743                    6 %
(1)
L
EPS (in           0.26                        0.31                   38 %
euro)
Employees          207                         188                   10 %
(3)

CONSOLIDATED OVERVIEW : Quarterly comparison with the previous year

In TEUR as per IFRS              Q2/08    Q1/08    Q4/07    Q3/07    Q2/07
Sales                          6,921    6,399    6,670    6,099    5,924
Software                       3,996    3,717    3,900    3,782    3,594
of which software licensing    1,513    1,307    1,419    1,482    1,345
of which software              2,484    2,410    2,481    2,300    2,249
maintenance
Consulting                     1,894    1,770    1,740    1,489    1,486
Hardware                         814      725      678      644      664
Miscellaneous                    216      186      352      184      180
EBITDA                         1,521    1,395    1,050    1,020    1,147
EBIT                           1,429    1,306      941      907    1,014
EBIT margin in %                21 %     20 %     14 %     15 %     17 %
EBT                            1,549    1,006    1,075    1,028    1,108
Net income                     1,046      685      693      564      664
Cash flow                     -2,513    3,035   -1,325    3,238     -762
Liquidity    (1/2)            12,472   16,375   13,468   14,841   11,743
EPS (in euro)                   0.17     0.17     0.17     0.14     0.17
Employees (3)                    207      198      195      192      188

(1): Cash and marketable securities (2): Dividends of EUR 0.24 per share
paid on April 27, 2007 and EUR 0.31 per share on April 30, 2008; (3): At end
of quarter

25.07.2008 Financial News transmitted by DGAP

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Language: English
Issuer: ATOSS Software AG
Am Moosfeld 3
81829 München
Deutschland
Phone: +49 (0)89 4 27 71-0
Fax: +49 (0)89 4 27 71-100
E-mail: revolution-in-time@atoss.com
Internet: www.atoss.com
ISIN: DE0005104400
WKN: 510440
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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