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ots Ad hoc-Service: DataDesign AG <DE0005527105> Resumee 2000

Munich (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
DataDesign AG looks Back on a
Positive Year, Revenues Expected to Surge Again in 2001.
DataDesign will close out the current year with revenues topping
the 30 million DM (+145%) mark. Two unrelated developments have
impacted the company's earnings situation: A major project fell
through in Korea due to the customer's financial difficulties, and
the demand for DataDesign's ASP offerings, which are based on a
monthly payment model, rose. This means that a share of the revenues
expected for this year will be realized next year. On these grounds,
the company will see its originally projected loss of some negative
1.7 million DM for the full year 2000 confirmed. On a brighter note,
the great demand on the domestic market allowed DataDesign to out-
perform its goals so that the extremely successful third-quarter
performance will be followed by a fourth-quarter operating profit. In
view of the unflagging demand for new, secure e-banking applications
and the remarkable level of interest in e-contracting - a suite of
products introduced this year to enable legally binding contract
closure via Internet - DataDesign's management again expects
significant revenues growth for the coming year. The company's
revenues forecast calls for 45 million DM, while profits are expected
to range between three and four million DM.
Ansprechpartner:
DataDesign AG Gerhard Weichenhain Fürstenrieder Straße 267 D-81377
München Telefon: +49 (89) 7 41 19 110 Telefax: +49 (89) 7 41 19 598
E-mail:  G.Weichenhain@datadesignag.com http://www.datadesign.de
End
Internet: http://recherche.newsaktuell.de

Original-Content von: DataDesign AG, übermittelt durch news aktuell

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