12.05.2004 – 08:33

Heiler Software AG

euro adhoc: Heiler Software AG
Quarterly or Semiannual Financial Statements
Heiler Software publishes second quarter figures for 2003/04 fiscal year (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

Stuttgart, 12 May 2004 - Heiler Software AG, one of the leading
suppliers of electronic product information solutions and catalogue
management systems, today published its results for the second
quarter ending 31 March 2004.

In the second quarter of the 2003/04 fiscal year, group sales were up
Euro 0.5 million year-on-year to Euro 1.4 million (+57%). EBIT was
Euro -0.9 million after Euro -1.0 million in the same period of the
previous year. In Q2, EBIT was negatively impacted by non-recurring
effects for commissioning the largest American procurement platform
for car dealers, and for the Company’s participation in CeBIT, for
which there were charges of Euro 0.4 million, which is why the EBIT
figure did not improve to the same extent.

As of 31 March 2004, the equity capital figure was Euro 22.1 million
(93% of the balance sheet total) after Euro 22.7 million on December
31, 2003. In Q2 2003/04, cash in hand declined marginally to Euro
18.2 million (Euro -0.3 million). Heiler Software AG thus retains its
very sound financial position.

For Q3 and Q4 for the current fiscal year, Heiler Software
anticipates continuing sales growth of over 50% and a considerable
improvement of results.

For further information, access www.heiler.com.

end of announcement        euro adhoc 12.05.2004

Further inquiry note:

Constanze Hay
Tel.: +49 (0)711 13984150
E-Mail: chay@heiler.com

Branche: Software
ISIN: DE0005429906
WKN: 542990
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade