ots Ad hoc-Service: Wapme Systems AG <DE0005495501> 1st quart.

Düsseldorf (ots Ad hoc-Service) - Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement.

Ad Hoc report Wapme Systems
AG increases quarter revenues by 150% - IPO expectations significantly exceeded

Wapme Systems AG based in Düsseldorf could close their first quarter (May 01 to July 31) after the initial public offering better than planned: With a revenue increase by 150% - from 485,401 EURO in the same period of the year before to about 1.2 million EURO - the company for mobile Internet services records the strongest first quarter of its four-year company history. In this quarter, the main sales driver was the software Waparameter in the ASP segment.

The result, according to IAS, amounts to -1.75 million EURO and is mainly due to the high IPO introduction costs and the investments in the formation of the brand wapme.net. Adjusted by the IPO costs, the DVFA result is - 288,356 EURO. This result is significantly better than planned.

In the ASP segment, the company could successfully canvass for new customers and develop additional software products that are now ready for the market. Aegon Versicherungsgruppe, e.g., one of the four largest insurance companies worldwide, could be won as a customer. In the VAS segment, the services WapmeMail and WapmeBusiness were introduced as new services for the end user and the communications platform has been extended for the GPRS standard.

Therefore, Wapme Systems sets the course to become one of the leading companies for the mobile Internet and provides with this quarter result a stable basis for further successes.

You can find the complete quarterly report under http://www.wapme-systems.de.

Wapme Systems AG - "wherever you are" The software company, based in Düsseldorf, is a full-service provider of a mobile transaction platform for the communication via open networks. The new software solution stands out due to the different combination of comprehensive services for the consumer and the integration of different ASP (Application Service Providers) services via the data center of the Wapme Systems AG for business users. The heart of the platform is the software W@parameter based on ORACLE. It evaluates more than 100,000 requests simultaneously, administers users worldwide, connects the different applications and takes over further key functions between mobile communication network and Internet due to its platform-independence and free scalability. Since July 5, 2000, Wapme Systems AG is listed at the Neuer Markt in Frankfurt as the first company based in Düsseldorf (SIN: 549550, WPM).

Wapme Systems AG Sabine Bertich Münsterstraße 248 D-40470 Düsseldorf Phone: +49 (0) 211/748 45 - 0 Fax: +49 (0) 211/748 45 -299 bertich@wapme-systems.de



Maisberger & Partner GmbH Kerstin Beste-Stüker Kirchenstraße 17 c-d D-81675 München Phone: +49 (0) 89 / 41 95 9 30 Fax: +49 (0) 89 / 41 95 9 31 Stueker@maisberger.com


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