SYSTRAN: First Semester 2006 Interim Report.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- SYSTRAN SYSTRAN System Analysis Translator , (Pink Sheets:SYTRF.PK)(Paris:RAN) (ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. :FR0004109197): --Sales of 4,333 K EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. : -3.8% --Operating Income of 345 K EUR SYSTRAN, the leading provider of language translation technologies today announced its consolidated financial results for the first semester se·mes·ter n. One of two divisions of 15 to 18 weeks each of an academic year. [German, from Latin (cursus) s ended June 30, 2006.
Consolidated and Audited 1st semester 1st semester Annual change
Accounts 2006 2005 2006 / 2005
(in K EUR)
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Sales 4,333 4,505 -3.8%
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Operating Income 345 1,469 -76.5%
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% +7.9% +32.6%
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Net Income - Group's share 193 1,554 -87.6%
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% +4.5% +34.5%
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Consolidated sales for the first half of the year amounted to 4,333 K EUR - a decline of -3.8% as compared with the first semester of 2005. During this period, SYSTRAN invested considerably in the upcoming launch of version 6 products. Development and quality assurance teams were reinforced as were sales and marketing personnel. The Company's profitability was lower. The 7.9% operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: was adversely affected by investments and the negative impact of the foreign exchange rate. Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. and net income amounted to 345 K EUR and 193 K EUR respectively. The Company's cash position rose to 11,223 K EUR on June 30, 2006, as compared with 10,909 K EUR on December 31, 2005. Activities - First Semester 2006
In In
1st % 1st % Annual
In K EUR semester of total semester of total change
2006 2005 2006/2005
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Software Publishing 2,950 68.1% 3,322 73.7% -11.2%
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Professional Services 1,383 31.9% 1,183 26.3% +16.9%
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Consolidated Sales 4,333 100.0% 4,505 100.0% -3.8%
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Sales generated from software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. represented 68.1 % of total sales during the period, and totaled 2,950 K EUR , a decline of -11.2% as compared with the first semester of 2005. This decrease is the result of delays of new incoming orders from corporate customers. Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. sales amounted to 1,383 K EUR , an increase of +16.9% as compared with the first semester of 2005. This increase is due to additional orders received from the US Federal Government. During this semester SYSTRAN completed the development of 12 new languages pairs that will become commercially available with the release of version 6 products. Outlook The Company anticipates a significant improvement in operating margin during the second semester as it continues to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... the development and launch the new version 6 products before the end of the year. About SYSTRAN SYSTRAN is the market leading provider of language translation software products and solutions for the desktop, enterprise and Internet that facilitate communication in 40 language combinations and in 20 vertical domains. With over three decades of expertise and research and development, SYSTRAN's software is the choice of leading global corporations, portals including AltaVista(TM), Google(TM), Yahoo!(R), and Wanadoo, and public agencies like the US Intelligence Community and the European Commission European Commission, branch of the governing body of the European Union (EU) invested with executive and some legislative powers. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the European Community . Use of SYSTRAN products and solutions enhance multilingual mul·ti·lin·gual adj. 1. Of, including, or expressed in several languages: a multilingual dictionary. 2. communication and increase user productivity and time-savings for B2E B2E Business to Employee B2E Business to Enterprise , B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. market segments as they deliver real-time language solutions for search, content management, online customer support, intra or inter company collaboration, and eCommerce. SYSTRAN is headquartered in Paris, France with a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. office located in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , USA. SYSTRAN (Code ISIN FR0004109197, Bloomberg: SYST SYST System SYST Shut Your Stinkin' Trap NM, Reuters: SYTN SYTN Shema Yisrael Torah Network .LN) is listed on EuroList Paris, Compartiment C, and is member of Euronext's Next Economy segment. For more information, visit www.systransoft.com Revenue for the third quarter 2006 ending on September 30, 2006 will be announced on October 27th, 2006. This Press Release is available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. at: http://www.systransoft.com/company/investors/financial_releases.html
1st 1st Year
semester semester 2005
(In K EUR) 2006 2005
(6 month) (6 month) (12 month)
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Net sales 4,333 4,505 10,113
Other operating revenue 9 0
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Total revenue from operations 4,333 4,514 10,113
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Cost of sales and other external
expenses (1,612) (1,423) (2,687)
Taxes and duties (67) (51) (104)
Wages and salaries (2,243) (1,870) (4,100)
Depreciation and amortization (net) (125) (7) (84)
Other income / (expenses) (1) 79 102
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Current operating income 285 1,242 3,238
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Other operating income / (expenses) 60 227 114
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Operating income 345 1,469 3.352
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Financial income from cash activities 117 199 291
Financing expenses (4) (4) (8)
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Net financing cost 113 195 283
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Other financing income / expenses (150) 405 560
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Profit before tax 308 2,069 4,195
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Income tax expenses (115) (515) (1,134)
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Profit from operations 193 1,554 3,061
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Minority interest 0 0 0
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Net income / (loss) - Group's share 193 1,554 3,061
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1er 1st
semester semester
Earning / (loss) per share 2006 2005 Year 2005
(6 month) (6 month)
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On the basis of the average number of
shares in circulation:
- Number of common shares 9,903,610 9,833,695 9,848,095
- Euros per share 0.02 0.16 0.31
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