EANS-News: SAF AG / SAF announces audited Consolidated Financial Statement 2008

Board of Directors will recommend a dividend of EUR 0.20 as well as a
special dividend of EUR 0.60

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Tägerwilen (euro adhoc) - Tägerwilen/Switzerland, March 20, 2009. SAF
AG, which is listed in the Prime Standard of the Frankfurt Stock
Exchange (ISIN CH0024848738), announces the audited consolidated
financial statement 2008. The Board of Directors will recommend to
the Annual General Meeting that a special dividend will be
distributed.

Since the initial public offering in April 2006 SAF has further
strengthened its position in the market for automated replenishment
planning - and this despite an increasingly difficult economic
environment. Even if the 2008 fiscal year did not deliver the
expected jump in revenues (revenues: FY/08: EUR 13.4 Mio.), the
Company is operationally equipped for additional growth. As of the
end of the fiscal year, cash and cash equivalents (FY/08: EUR 29.4
Mio.) has been further expanded. This resulted, on the one hand, from
the proceeds from the initial public offering and, on the other hand,
from the operating income generated during past fiscal years.

In light of the uncertain economic conditions, it is currently not
possible to make any sound forecasts for fiscal year 2009. From
management's point of view, the Company is still firmly positioned,
both financially and operationally, with good prospects for growth.
This is also to be reflected in the dividend policy. In order to
maintain dividend continuity, the Board of Directors will therefore
recommend to the Annual General Meeting on June 8, 2009 in Tägerwilen
that a dividend of EUR 0.20 (approx: CHF 0.298) per share will be
distributed from the profit of SAF Simulation, Analysis and
Forecasting AG for fiscal year 2008. Additionally, the Board of
Directors will recommend to distribute a special dividend of EUR 0.60
(approx: CHF 0.8934) per share.

"SAF's cash position allows it to distribute a special dividend to
shareholders to enable them to participate, in an adequate way, in
the success of SAF during the last years", comments Dr. Andreas von
Beringe, CEO and President of the Board of Directors at SAF.

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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. 100 people. Consolidated sales revenues for
fiscal year 2008, were approx. 13.4 million EUR with consolidated
profit of 2.1 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
un-certainties 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 2007. SAF does not plan to update the
forward looking statements, nor does it assume the obligation to do
so.

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

Further inquiry note:

Astrid Strömer

+41 (0)71 666 79 48

astrid.stroemer@saf-ag.com

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