EANS-Adhoc: SAF AG / SAF announces preliminary financial results for the fourth quarter and full year 2010

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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19.01.2011

- Revenues of EUR 4.1 million for the fourth quarter of 2010 below
previous year (Q4/09: EUR 4.5 million) - Total revenues for fiscal
year 2010 at EUR 15.6 million effected by weakening licensing
business - Net profit of EUR 1.4 million doubles in the year over
year comparison

Tägerwilen/Switzerland, January 19, 2011. After a preliminary review
of its 2010 fourth quarter performance SAF AG, which is listed in the
Prime Standard of the Frankfurt Stock Exchange (ISIN CH0024848738),
announced the preliminary financial results for the fourth quarter
and full year 2010. The company generated total revenues of EUR 4.1
million in the fourth quarter of 2010, a decrease of 8.7 percent
compared to level of previous year quarter (Q4/09: EUR 4.5 million).
At EUR 15.6 million company´s total revenues decreased in the fiscal
year comparison, as well (2009: EUR 16.6 million). The decrease in
revenues was due primarily to the weakening licensing business
contributing revenues of EUR 1.1 million in the fourth quarter (2010:
EUR 4.8 million), a considerable decrease compared to previous year
quarter with revenues of EUR 2,0 million.

Despite of the decrease in revenues company´s net profit increased
from EUR 0.7 million in 2009 to EUR 1.4 million for the fiscal year
2010. The lack of one-off expenses that occurred in 2009 in the
course of the acquisition and that significantly impacted 2009 profit
figures was the determining factor for the increase. In the fourth
quarter the company recorded a net profit of EUR 0.2 million (Q4/09:
0.6 million). Final audited financial figures, further details to
these figures as well as the annual report will presumably be
provided by the company in March 2011.

end of ad-hoc-announcement
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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 2009, according to IFRS statements, were EUR 16.6 million
with consolidated profit of EUR 0.7 million which were affected by
one-time costs of EUR 2.8 million due to the takeover by SAP. SAP
currently holds approx. 70 percent of SAF´s shares. 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., Irving 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 2009. 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:

SAF AG
Investor Relations
High-Tech-Center 2, Bahnstrasse 1
CH-8274 Tägerwilen
investorrelations@saf-ag.com

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