euro adhoc: Heiler Software AG / quarterly or semiannual financial statement / Heiler Software publishes figures for the 2nd quarter 2006/07 (E)

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.


Stuttgart, May 14, 2007 - Heiler Software AG, one of the leading provider of electronic product information solutions and catalog management systems, realized Group revenues in the second quarter of fiscal year 2006/07 (01/01/2007 - 03/31/2007) of 2.12 million Euro (prior year: 2.30 million Euro) and net income for the quarter of 0.07 million Euro (prior year: 0.21 million Euro).

In the typically weakest quarter for the software industry, the especially strong margin field of product business realized a growth from 0.93 million Euro to 1.07 million Euro when compared to the corresponding period of the prior year and increased its share of total revenues from 41% to 51%. Especially joyful emerged maintenance revenues, which - with an increase from 0.22 million Euro to 0.43 million Euro - almost doubled. License revenues decreased from 0.54 million Euro to 0.45 million Euro. However, the hosting and so-called Application Service Providing (ASP)-business improved from 0.17 million Euro to 0.20 million Euro. Consulting revenues, mainly due to the completion of a larger implementation project, stayed temporarily behind the good previous year´s value. It decreased by 0.26 million Euro to 1.02 million Euro and therefore was the main reason why total revenues of 2.12 million Euro stayed under the good value of the prior year by 0.18 million Euro.

As a result of the decrease in revenues, earnings before interest and taxes (EBIT) decreased from 0.15 million Euro to -0.10 million Euro when compared to the prior year. Interest income increased by 0.12 million Euro to 0.18 million Euro when compared to the prior year and led to an overall positive earnings before taxes of 0.08 million Euro (prior year: 0.21 million Euro) and to a net income for the quarter of 0.07 million Euro (prior year: 0.21 million Euro).

Liquid funds increased in the 2nd quarter 2006/07 from 14.38 million Euro to 14.59 million Euro and shareholders´ equity increased from 18.86 million Euro to 18.99 million Euro (which represents 89% of total assets).

For the second half of the fiscal year, Management - based on the order situation and potential future orders, particular for the especially strong-margin field of the product- and license business - expects an increase of the growth rate of more than 30% when compared to the corresponding period of the prior year and for total fiscal year 2006/07 a double-digit revenues growth rate and a significant improvement in results when compared to the prior year.

More information as well as the complete report for the second quarter 2006/07 can be found at

Further inquiry note:
Constanze Schrode-Hay
Tel.: +49 (0)711 13984150

end of announcement euro adhoc

emitter: Heiler Software AG
Mittlerer Pfad 5
D-70499 Stuttgart
phone: +49 (0)711 13984-0
FAX: +49 (0)711 13984510
sector: Software
ISIN: DE0005429906
indexes: CDAX, Prime All Share, Technologie All Share stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse, free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse, Baden-Württembergische Wertpapierbörse, Börse Düsseldorf, Bayerische Börse
language: English