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Beta Systems Software AG

Beta Systems announces results for Q1 2006

Berlin (ots)

Beta Systems Software AG (BSS, ISIN DE0005224406)
has closed its first quarter financial results with significant
growth in revenues.
Key financial figures for Q1 2006 show positive results for Beta
   Systems
- Revenue grew by 10.2% to ¤ 21.8 million (Q1 2006: ¤ 19.8 
     million)
   - Non-recurring expenses of ¤ 0.8 million for further cost
     streamlining due to the new corporate structure had an effect on
     the operating results
   - Operating results (from continuing business operations, 
     inclusive of abovementioned non-recurring expenses) increased  
     from ¤ - 4.1 million to ¤ - 3.6 million. 
   - Net result of ¤ -1.5 million ¤ / ¤ -0,17 per share (Q1 2005: ¤ 
     -2.1 million ¤ / ¤ -0.26 per share)
Revenue growth underlines successful restructuring
Kamyar Niroumand, Chairman of the Board of Beta Systems Software
AG, stated: "Our quarterly results show that we have already achieved
the first successes in the first quarter and that we are on the right
path in our operational development. Revenue and results for the
first quarter 2006 are above the previous year's level and have even
slightly exceeded our expectations. We see this as a positive signal
that our new direction and corporate structure have delivered the
correct formation for future, profitable growth. After the first few
weeks I am convinced that the market-related strategies of the
individual business areas of IdM, ECM and DCI still require
fine-tuning in relation to their portfolio optimisation, sector focus
and regional orientation. My objective is therefore to orient our
company still further towards the needs of our numerous large-account
customers and to concentrate our sales, marketing development
activities on the requirements of these customers.
Mr Niroumand added: "At the same time we will quickly conclude the
implementation of the optimisation opportunities identified at the
beginning of the year and we will carry out the already announced
cost adjustments so that our company can switch during the course of
the year from restructuring mode to growth mode."
Important Operating Results
- Hungarian Postal Service moves to Beta Systems: New hardware and
     software components have enabled the Hungarian Postal Service to
     speed up and make the processing of their 1.2 million daily 
     documents more efficient.
   - Further expansion of the partner business:  The start of the
     'Partner Success' Programme underlines the high importance of 
     the partner business  
   - Personnel changes in the Board and Supervisory Board: Kamyar
     Niroumand, became the new Chairman of the Board on April 1, 
     2006; William P. Schmidt will become Chairman of the Supervisory
     Board after the retirement of Harald J. Joos, Board member Dr. 
     Oskar von Dungern will leave the company in the middle of the 
     year. 
   - Take over offer to the Beta Systems shareholders of Delta
     Beteiligungen AG completed: Offer phase ended with a voting 
     rights proportion of Delta Beteiligungen of about 34%.
   - Scanner/Sorter production handed over to long-standing partner 
     SIS SEAC ICR Systeme GmbH: Concentration on marketing, sales and
     service for the scanner/sorter hardware within the ECM solution 
     business
Hotline for investors/analysts
For questions on the Q1 results 2006, please contact the Investor
Relations Team on telephone number +49 30 726 118 -170 and -171 or by
email on  ir@betasystems.com.
The complete quarterly report is available on the internet at   
www.betasystems.com.
Beta Systems Software AG, Berlin, Germany
Beta Systems Software AG (Deutsche Börse - Prime Standard: BSS) is
a leading supplier of infrastructure software for enterprise critical
applications for the automation and protection of business processes.
Beta Systems provides software in the following areas: Identity
Management (IdM), Enterprise Content Management (ECM) and Data Centre
Infrastructure (DCI). All solutions are able to process high-volumes
of information and throughput. They secure business critical data and
help achieve compliance by addressing regulatory requirements. The
ECM product range includes scanners and sorters from Kleindienst - a
brand owned by Beta Systems Software AG.
Beta Systems with headquarter in Berlin has been listed on the
Deutsche Börse (German stock exchange) since 1997 and currently
employs about 700 people. The company has 17 subsidiaries worldwide,
as well as numerous business partners. Beta Systems' worldwide
customer base comprises more than 1,000 IT service providers and
large organisations from the fields of finance and insurance,
manufacturing, commerce, telecommunications, logistics and energy
supply, along with public sector organisations. For further
information please visit: www.betasystems.com
Company Contact:
Beta Systems Software AG
Arne Bassler
Tel: +49 (0)30 726 118-170
Fax: +49 (0)30 726 118-881
Email:  arne.bassler@betasystems.com
Agency Contact:
HBI PR&MarCom GmbH
Corinna Voss, Melanie Körner
Tel: +49 (0)89 99 38 87-0
Fax: +49 (0)89 930 24 45
Email:  corinna_voss@hbi.de;  melanie_koerner@hbi.de
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ISIN:               DE0005224406

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