The ComArch S.A. Management Board informs that on the 5th of August, 2009, a subsidiary - SoftM Software und Beratung AG - announced initial financial data for 01.01-30.06.2009.

Revenue amounted to 19.8 million Euro, with the operating result at -6.3 million Euro and net result amounting to -5.4 million Euro. A decrease in revenue from sales of hardware and IT services had a significant influence on achieved results, whereas sales of licenses maintained a stable level. Currently, the company is conducting a restructuring programme called DASD. The Q2 2009 result was diminished by the amount of 3.2 million Euro resulting from the costs incurred for DASD as well as write-offs in goodwill.

More information is available at:
http://www.dgap.de/news/adhoc/softm-software-und-beratung-softm-begegnet-umsatzrueckgang-mit-spar-und-effizienzsteigerungsprogramm_1448_567288.htm

The detailed consolidated financial statement of SoftM Software und Beratung AG will be published on the 14th of August, 2009.