EANS-News: Beta Systems delivers positive EBIT for the third year in a row

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Berlin (euro adhoc) - - Persistent weakness in new orders in the ECM solutions
business causes revenues and profit to decline
- Revenue growth in the wake of acquisitions in the infrastructure business
(DCI/IdM) and active cost management secure an earnings before interest and tax
(EBIT) at Group level of EUR 1.5 million
- Spin-off of the ECM solutions business completed

Berlin, March 12, 2010 - Pending the outcome of the annual financial statements
audit at Group level (according to IFRS), Beta Systems Software AG (BSS, ISIN
DE0005224406) generated earnings before tax (EBT) of EUR 1.1 million (2008: EUR
6.0 million) and earnings before interest and tax (EBIT) of EUR 1.5 million
(2008: EUR 6.4 million). A positive result for the year was also generated in
respect of Beta Systems Software Aktiengesellschaft (company financial
statements under German Commercial Code (HGB)) in the fiscal year 2009.

Against the backdrop of successfully completed and integrated acquisitions in
the high-margin infrastructure business (DCI and IdM Lines of Business (LoBs)),
and especially owing to the sharp increase in license revenues from identity
management solutions, revenues in this business division were raised again on
the back of a persistently high result in a year-on-year comparison.

The crisis-induced notable reluctance of banks to invest, in conjunction with
the resulting decline in new orders in the ECM solutions business, however,
caused a significant downturn in the revenues and result of the Group in 2009.
This was counteracted by active cost management resulting in the another clearly
positive EBIT for the third fiscal year in a row. According to provisional
calculations, consolidated revenues fell owing to the aforementioned, and partly
contrary effects, to EUR 81,8 million (2008: EUR 90.4 million).

Preliminary Key Financial Data for fiscal 2009 at a Glance
- EBIT remains positive at EUR 1.5 million (2008: EUR 6.4 million) / EBIT margin
declines to 1.9% (2008: 7.1%)
- EBITDA declines to EUR 5.0 million (2008: EUR 10.3 million)/ EBITDA margin
posts 6.1% (2008: 11.4%)
- Total revenues fall to EUR 81.8 million (2008: EUR 90.4 million)

Spin-off of the ECM solutions business completed
The spin-off of the ECM business to form Beta Systems ECM Solutions GmbH was
completed on March 1, 2010, upon entry of the company into the Commercial
Register of the District Court of Berlin Charlottenburg. The application for
registration in the Commercial Register was made at the end of February,
together with the requisite closing financial statements (drawn up under the
German Commercial Code (HGB)). The shareholders of Beta Systems Software AG
approved the spin-off at the extraordinary Meeting of Shareholders back in
mid-December 2009.

Outlook for the fiscal Year 2010, Annual Results Press Conference and Disclaimer
The aforementioned figures are contingent on the audit of the annual financial
statements and adoption and ratification of the financial statements at Company
and at Group level by the Supervisory Board. The complete, adopted and audited
2009 annual results and the outlook for the fiscal year 2010 are scheduled to be
released on March 29, 2010, as part of an online Annual Results Press Conference
and published on the website at http://www.betasystems.com under the Investor
Relations/Financial Reports heading.
All amounts cited in this information by the Company and information derived
therefrom (e.g. percentage figures) are figures fully rounded up to thousands of
euros as presented in preliminary Consolidated Financial Statements as at
December 31, 2009.

End of the release

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 automated
processing of large volumes of data and documents. These products and solutions
serve to enhance process optimization, improve security and make IT more agile.
They guarantee compliance with business requirements in respect of governance,
risk management and compliance (GRC) and raise the performance of a company's IT
in respect of availability, scalability and flexibility.

Beta Systems´ IT infrastructure software product segment (Infrastructure &
Operations Management) is geared towards optimizing job and output management in
data centers across all sectors. In addition, Beta Systems offers products for
automating IT user administration to companies with high numbers of users. In
its ECM Solutions Division (ECM & Document Solutions) Beta Systems develops
customized solutions for large enterprises in the financial services sector,
industry and trading in the areas of payments, processing of incoming post and
general document management.

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 20 subsidiaries worldwide and
cooperations with numerous partner companies. Throughout the world more than
1,400 customers use the products and solutions of Beta Systems in more than
3,300 running installations. At present, Beta Systems generates 50 percent of
its sales from international business. Around 200 of its customers are based in
the USA and Canada.
More information on the company and its products can be found under
www.betasystems.com.

Further inquiry note:
Press 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: [email protected]

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: [email protected]
e-mail: [email protected]
end of announcement euro adhoc
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issuer: Beta Systems Software AG
Alt Moabit 90d
D-10559 Berlin
phone: +49(0)30 726118 0
FAX: +49(0)30 726118 800
mail: [email protected]
WWW: http://www.betasystems.com
sector: Software
ISIN: DE0005224406
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf
language: English

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