SAF Preliminary 2007 Results

Business results in line with expectations

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companies/Preliminary 2007 Results

Tägerwilen (euro adhoc) - - Expected sales revenues of EUR 13.2 million (Q4/07: EUR 3.9 million) - Expected consolidated net profit of EUR 3.0 million (Q4/07: EUR 1.2 million) - Three international contracts concluded via direct sales provide a solid basis for further growth

Tägerwilen/Switzerland, March 6, 2008. SAF AG, which is listed in the Prime Standard of the Frankfurt Stock Exchange(ISIN CH0024848738) expects - following a preliminary review of its fourth quarter 2007 results - that the total year results will be within the released guidance range (total annual sales revenues: EUR 13.6 million to EUR 15.0 million; consolidated net profit: EUR 2.7 million to EUR 3.9 million).

Based on the above, the Company currently assumes total sales revenues for the fiscal year 2007 of ca. EUR 13.2 million (Q4/07: EUR 3.9 million) and consolidated net profit of ca. EUR 3.0 Mio. (Q4/07: EUR 1.2 million). Following last year´s explosion in sales revenues of 84 percent, this would correspond to a decline in sales revenues of 2.6 percent and a reduction in consolidated net profit of 35.3 percent versus last year. Considering these figures, the Company expects the business results to lie within the range of the adjusted guidance. During Q4/07, sales of software licenses via the OEM partner were in-line with the latest expectations.

"Our 2007 business results were significantly below our expectations. However, nothing has fundamentally changed in the pre-requisites for continuation of the SAF success story," emphasized SAF AG CEO, Dr. Andreas von Beringe. "We have set the stage for further business growth. This applies especially to the expansion of our direct sales business: At the turn of the year, we concluded two new contracts in Poland and a contract in the USA with one of the Top Ten retailers which form an outstanding starting point for the expansion of our direct sales business," added von Beringe.

SAF will publish detailed figures for the total 2007 fiscal year on March 12.

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About SAF AG SAF Simulation, Analysis and Forecasting AG specializes in the development of automated ordering and forecasting software for retailers and industrial manufacturers. SAF deploys the demand chain management approach, which controls replenishment planning based on consumer demand patterns. SAF software assists users to realize substantial cost savings and optimizes general logistics conditions through its simulation capabilities. As a result, significant competitive advantages are achieved along the entire value chain: lower inventories, improved product availability, and last, but not least, a higher level of customer satisfaction.

SAF AG was established in 1996 by Dr. Andreas von Beringe and Prof. Dr. Gerhard Arminger. SAF shares are listed at the official market (Prime Standard) at the Frankfurt Stock Exchange (FWB). Today, the company employs approx. 90 people. Consolidated sales revenues for fiscal year 2006, were approx. 13.6 million EUR with consolidated profit of 4.6 million EUR according to IFRS statements. SAF´s products are distributed in many European countries as well as in the United States. The company is headquartered in Tägerwilen, Switzerland. SAF also has a subsidiary in the United States: SAF Simulation, Analysis and Forecasting U.S.A., Inc., Grapevine, Texas and in Slovakia, Bratislava: SAF Simulation, Analysis and Forecasting Slovakia s.r.o. with the focus on Nearshore-Development.

Forward Looking Statements and Estimates This information contains forward looking statements based on assumptions and estimates of SAF's Management Board. Although we assume the expectations in these forward looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward looking statements. Factors that may cause such discrepancies include, among other things, risks that are mentioned in the annual report 2006. SAF does not plan to update the forward looking statements, nor does it assume the obligation to do so.

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ots Originaltext: SAF AG
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Further inquiry note:
Astrid Strömer
+41 (0)71 666 79 48

Branche: Software
ISIN:      CH0024848738
WKN:        A0JD78
Index:    Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade

Weitere Meldungen: SAF AG

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