EANS-News: Hoeft & Wessel with a successful start into 2011

- Marked increase in sales revenues and earnings in the first
quarter
- Shares reflect greater liquidity

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

3-month report

Subtitle: - Marked increase in sales revenues and earnings in the
first quarter - Shares reflect greater liquidity

Hannover / Germany, 05-05-2011. (euro adhoc) - The Hoeft & Wessel
Group recorded a significant increase in sales revenues and earnings
for the first three months of the year 2011, making a successful
start to the current financial year.

During the first quarter of 2011, the IT and engineering Group for
ticketing, parking and mobile solutions boosted sales revenues by 31
per cent to EUR 20.8 million (previous year: EUR 15.9 million).
Contributing to the revenues generated were deliveries of ticket
vending machines to S-Bahn Berlin and the Danish National Railways,
parking terminals to South West Trains in the UK, and mobile
terminals to German company Eismann and to Swiss Post.

The operating result (EBIT) of -EUR 0.4 million recorded on
31-03-2011 was also a marked improvement on the previous-year quarter
(31-12-2009: -EUR 1.6 million).

Orders received in the first quarter of 2011 amounted to EUR 18.9
million (previous year: EUR 25.3 million). New orders came from the
UK for the new compact ticket vending machines, from the airline SAS
for check-in terminals, from the U.S city of Madison for parking
terminals, and from Rewe and from the partner Warok for mobile
equipment, amongst others. The order portfolio as at 31-03-2011 stood
at EUR 60.0 mn. (31-12-2010: EUR 61.9 mn.).

With an average daily trading volume on all stock exchanges totalling
around 7,500 shares (Q1 2010: 4,400 shares), the liquidity of Hoeft &
Wessel shares (ticker: HWS) was up significantly.

In light of the strong business performance in the first quarter, the
Hoeft & Wessel Group affirms its positive forecast of rising sales
revenues and earnings for the current financial year and for 2012.
Hansjoachim Oehmen, CEO of the Hoeft & Wessel Group: "We anticipate
new sales impetus to come from the opening up of additional
international markets."

Key Financials of Hoeft & Wessel Group

in EUR thousands 31-03-2011 31-03-2010 31-03-2009 31-03-2008
31-03-2007 ----------------------------------------------------------
---------------

Sales revenues 20,774 15,901 24,466 16,283
17,956

Operating result
before deprec./amort.

(EBITDA) 1,051 (385) 1,366 160 15

Operating result
(EBIT) (370) (1,604) 220 (974) (1,110)

in % of sales revenues - - 0.9 - -

Earnings before taxes
(EBT) (620) (1,814) 8 (1,309) (1,422)

in % of sales revenues - - 0.1 - -

Group earnings (778) (2,002) (208) (1,476) (1,521)

Earnings per share

in EUR (0.09) (0.24) (0.02) (0.17)
(0.18)

Dividend in EUR 0.10* 0.08 - -
-

Operating cash flow (4,071) 498 (2,597) (4,832) (2,092)

Average number of
employees 500 495 494 506 500
-----------------

*Proposal

IR website with Quarterly Report 2011: http://www.hoeft-wessel.com/en
/investor-relations/current-financial-reports/

Press kit with photos:
http://www.presseportal.de/pm/12945/hoeft_wessel_ag/

The Company The Hoeft & Wessel Group is the leading IT and
engineering technology Group for ticketing, parking and mobile
solutions in Germany and Great Britain. Established in 1978 by the
two entrepreneurs who gave the company its name and listed on the
stock market since 1998 (ISIN DE0006011000), the enterprise has
developed into a group of companies with sales revenues of nearly EUR
100 million and a workforce of 500 employees. Its main locations are
Hannover, Germany, and Swindon, UK, to the west of London.

The annual investment volume in the Research & Development division,
which sets the pace in the Group´s technological orientation and
employs more than a third of the total workforce, amounts to
approximately 10 per cent in terms of turnover. According to the EU
Industrial R&D Investment Scoreboard, Hoeft & Wessel ranks amongst
the top companies in Europe.

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: Höft & Wessel AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: PR@hoeft-wessel.com

Branche: Technology
ISIN: DE0006011000
WKN: 601100
Index: TecDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade