Press Releases

Hyperwave records a 134% increase in sales

May 15, 2001

During the first quarter of the current fiscal year, Hyperwave has continued to gain more business from its customers. Around half of the Company's sales - which now amount to 4.3 million euro following a 134% increase - is accounted for by additional orders from existing customers. This development is a clear indication of the level of satisfaction experienced by Hyperwave users. 76% of sales are from licence business.

Hyperwave's gross yield increased to over 82%. During the last twelve months, the Company increased its workforce by over 100 to 190, representing an increase of over 100%. A good third of these employees (68) are based in Germany, with new branches having been opened in Hamburg, Berlin and Frankfurt.

Financing this continued expansion represents the predominant cost factor. Nevertheless, increases in productivity and a consistent policy on costs enabled the Company to better its planned result by more than 20%, recording an operating loss of around four million euro. These expansionary investments will impact positively on sales over the coming quarters and help lead Hyperwave towards profitability in the near future.

Development bucks general market trends

Gerhard Pail, Member of The Board Finance and Administration , comments: "In contrast to general market trends, Hyperwave has to date achieved all its targets and has registered very pleasing customer growth over the last quarter when it has, for example, secured Deutsche Bahn AG as a new customer."

Overall, the Company secured 23 new orders during the first three months of the fiscal year. Eleven of these were from customers placing orders with Hyperwave for the first time including FJA Feilmeier & Junker GmbH, an Oracle partner, and a consultancy firm for the financial services and insurance sector.

New business was also concluded with Fujitsu Siemens Global Services, the Schweizerische Zentrale für Handelsförderung OSEC (the official trade promotion organization of Switzerland), and Universal Music International in the UK.

Promoting partnerships

The Company also has good news to report on its partnerships. In conjunction with IDS Scheer AG, Hyperwave has developed the software "ARIS for Hyperwave", which unites knowledge management with business engineering und process orientation. At the Deutsches Fernerkundungsdatenzentrum [German Centre for Remote Sensing Data] of the DLR (Deutsches Zentrum für Luft- und Raumfahrt [German Centre for Air and Space Travel]) in Oberpfaffenhofen, a pilot portal was configured and presented using the new software in just a few days.

As an authorised integration partner, Jet Online GmbH, a subsidiary of IDS Scheer specialising in eSales and content management solutions, developed personalised portals and editing systems. These are based on the successful products Hyperwave Information Server and Hyperwave eKnowledge Portal.

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