EANS-Adhoc: IVU Traffic Technologies AG / IVU presents Annual Report 2008 / Revenue increased, gross profit stable / EBIT positive and consolidated profit / Very positive outlook for 2009

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annual report

19.03.2009

Despite the financial and economic crisis, IVU Traffic Technologies
AG has been able to present positive figures for the fourth year
running. That is the key conclusion from the Annual Report 2008,
which was approved today by the Supervisory Board of the Berlin
software company. The figures show that all key parameters are
positive, the revenue has risen significantly in comparison with the
previous year, and the gross profit is stable. EBIT and the
consolidated profit are below those from the previous year, but at
the same time IVU will be debt-free in the middle of 2009. The growth
trend has continued - in particular internationally. IVU is
optimistic both for the current year and for the following years.

Revenue for the financial year 2008 was EUR 33.8 million (previous
year: EUR 31.4 million, plus 8 %), the gross profit is EUR 24.7
million (previous year: EUR 24,8 million), EBIT EUR 1.3 million and a
consolidated profit of EUR 1.3 million. The renewed annual profit
could be used in order to further reduce the loans. IVU is in a
stable financial situation and will be debt-free from mid-2009.

Revenue has risen considerably more than the gross profit. The main
reason for this is the increased sales of hardware, in particular
on-board computers, which also brings with it an increase in material
expenditures.

The gross profit has not risen in the same way as revenues because in
2008 considerable additional performances were necessary for software
development, in order to meet the requirements of important and major
customers. These performances were not planned in this way. However,
viewed in the medium-term they will not lead to losses. These are
rather to be viewed as investments in the IVU.suite which will lead
to licence earnings in future projects.

Costs have risen in the financial year 2008 - personnel expenditure
by EUR 840 000, and operating expenses by EUR 342 000. One key reason
for this lies in the internationalisation of the business of IVU. In
order to further raise the quality of the team and to cope with the
growth trend, additional software engineers and architects as well as
project engineers were recruited in 2008. At the same time, projects
such as the one in Cali, Colombia, led to increased travel
activities.

The increased personnel costs have impacted on EBIT as well as on
profits before and after taxes, which are about half the level of the
previous year. This represents a conscious decision to invest in the
future of IVU.

IVU also expects good figures for the financial year 2009. A special
role here is played by the project in Cali. As the largest individual
project in the history of the company, it makes a considerable
contribution to the order situation, which can be classed as very
good. Already in March it is considerably higher than for last year.
This means that the revenue planned for 2009 is already secure to a
considerable extent. It will be above EUR 35 million, and the gross
profit is planned as EUR 27 million. The prospects are also good for
the financial year 2010.

The complete Annual Report is available on-line from Thursday, 19th
March 2009, approx. 6.00 p.m. CET - go to www.ivu.de.

end of announcement euro adhoc
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ots Originaltext: IVU Traffic Techn. AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Renate Bader

Leiterin Unternehmenskommunikation

Telefon: +49(0)30 859 06 800

E-Mail: rba@ivu.de

Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Index: CDAX, 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 Hannover / free trade
Börse München / free trade