GROUP Technologies AG

euro adhoc: Disclosure announcement after § 15 WpHG
GROUP Technologies AG
Corrected Ad hoc Announcement from GROUP Technologies AG of 10/19/2004 pursuant to § 15 German Securities Trade Act - Reference: Ad hoc Announcement from GROUP Technologies AG

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Karlsruhe, October 18, 2004 – GROUP Technologies AG, Karlsruhe, hereby announces that its collaboration with Clearswift, UK, which had no longer been satisfactory recently, has come to an end.

GROUP Technologies AG anticipates that 2005 will see a positive upturn in sales through the elimination of certain market restraints which have resulted from the hitherto collaboration with Clearswift. However, the company does envisage that sales will fall short of the envisaged levels during the current fiscal year as a result of this collaboration coming to an end.

Given the drop in sales and the significant additional expenditure brought about by the new capital market regulations, the company now expects EBIT to be up to TEUR 230 lower than envisaged for the fiscal year 2004. The Board estimates that, in the light of this new development, it will barely be possible to realize its declared objective of reaching break-even point in its operative business.

About GROUP Technologies AG

GROUP Technologies AG is a worldwide leading software producer for e-mail lifecycle management. The complementing iQ.Suite products enable efficient security und effective organisation of e-mail - from e-mail encryption, virus protection and anti-SPAM to e-mail classification and secure archiving. The products are available for Lotus Domino, Microsoft Exchange und SMTP platforms.

Customers of GROUP Technologies include numerous renowned businesses such as Deutsche Bank, Ernst & Young, Honda, Heineken und Miele. More than six million users protect and organize their systems with GROUP Technologies products.

GROUP Technologies AG has its headquarters in Karlsruhe. The company has a subsidiary in the USA and distributes its products throughout the world both directly and through its partner companies.

Internet: www.group-technologies.com

end of announcement                                euro adhoc 19.10.2004 13:13:57
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Further inquiry note: GROUP Technologies AG Investor Relations Ottostraße 4 76227 Karlsruhe Germany

Tel.: +49 721 – 4901 – 0 Fax: +49 721 – 4901 – 1918

E-Mail: ir@group-technologies.com Internet: http://www.group-technologies.com

Branche: Software
ISIN:      DE0001262012
WKN:        126201
Index:    Nemax All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade



Weitere Meldungen: GROUP Technologies AG

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