SYSTRAN: Third Quarter 2004 Revenue Release.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 :
-- Year-to-date sales of 8,086 K EUR, a drop of 5% when compared
with same period in 2003
-- Third quarter sales of 2,295 K EUR, a drop of 29.1% compared
with the same period in 2003
SYSTRAN, the leading provider of language translation technologies, today announced its consolidated revenue for the third quarter ended September 30, 2004.
3rd quarter Year-to-date
------------------------ ------------------------
Annual
Consolidated and Change Variation
unaudited 2004 / 2004 /
(in K EUR ) 2004 2003 2003 2004 2003 2003
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Software
Publishing 1,224 1,645 (25.6)% 3,858 4,236 (8.9)%
----- ----- ----- ----- ----- -----
Home & Small
Business (HSB) 93 128 (27.3)% 348 434 (19.8)%
Corporate 233 743 (68.6)% 729 1,716 (57.5)%
Resellers 376 349 +7.7% 1,430 1,035 +38.2%
Online Sales 381 288 +32.3% 936 902 +3.8%
Administrations 141 137 +2.9% 415 149 178.5%
----- ----- ----- ----- ----- -----
Professional
Services 1,071 1,593 (32.8)% 4,228 4,275 (1.1)%
----- ----- ----- ----- ----- -----
Corporate &
Administrations 726 1,087 (33.2)% 2,877 2,781 +3.5%
Co-funded 345 506 (31.8)% 1,351 1,494 (9.6)%
----- ----- ----- ----- ----- -----
Consolidated
Revenue 2,295 3,238 (29.1)% 8,086 8,511 (5.0)%
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Analysis of 3rd Quarter Revenue The late launch of version 5.0 and the completion of Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. contracts have impacted the 3rd quarter's activity. The new series of version 5.0 Desktop products was made available for download in July 2004. Download sales increased by 32.3% during the 3rd quarter. Alternatively, Corporate and Reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. sales suffered during this period due to the unavailability of new version 5.0 products for these market segments. The Professional Services activity decreased by 32.8% compared with the same reporting period of 2003. Outlook SYSTRAN has not yet benefited from the release of its version 5.0 product family because of the delayed launch of the 5.0 Desktop products as well as the unavailability of the Corporate solutions. SYSTRAN anticipates a positive impact on sales during the next quarters with the new release of all version 5.0 products in all market segments. The pending orders for the Professional Services business unit are as follows: 1,5 M 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. for Corporate & Administration customers and 0,2 M EUR for Co-funded contracts. About SYSTRAN SYSTRAN is the leading provider of the world's most scalable and modular translation software. SYSTRAN's expertise spans over 30 years of building customized machine translation solutions for large corporations, ISPs, governments and public administrations through open and robust architecture. Its core technology powers translation solutions for the Internet, PCs and network infrastructures that facilitate communication in 40 language pairs and 20 specialized domains. SYSTRAN's technology is developed under Linux and runs on all Unix platforms, MacOS X and Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. . SYSTRAN is headquartered in France and has a subsidiary in California, USA. SYSTRAN (Code 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, Bloomberg: SYST SYST System SYST Shut Your Stinkin' Trap NM, Reuters: SYTN SYTN Shema Yisrael Torah Network .LN) is listed on Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. , Nouveau Marche Nouveau Marche An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies. , and is a member of Euronext's Next Economy segment. Results for 2004 will be announced on February 15, 2005. This Press Release is available for download at: http://www.systransoft.com/company/investors/financial_releases.html |
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