2012-11-08 19:05:15 -
Third Quarter 2012 Revenue Release
November 9(th), 2012 - SYSTRAN, the leading provider of language translation
technologies, today announced its consolidated financial results for the third
quarter ended September 30, 2012.
+---------------------+---------------------+
| 3rd quarter | Year-to-date |
+--------------------------+---------------------+---------------------+
|Consolidated and unaudited|2012 2011 Variation 2012 2011 Variation|
|(in K€) | 2012/2011 2012/2011|
+--------------------------+-------------------------------------------+
|Software Publishing |1,218 1,703 -28.5% 3,951 4,783 -17.4% |
| | |
|Professional Services |1,249 1,079 +15.8% 3,918 3,268 +19.9% |
+--------------------------+-------------------------------------------+
|Consolidated Sales |2,467 2,782 -11.3% 7,869 8,051 -2.3% |
+--------------------------+-------------------------------------------+
Third Quarter 2012 Activities
During the third quarter, SYSTRAN sales amounted to 2,467 K€ as compared with
2,782 K€ for the third quarter of 2011. Consolidated sales for the first nine
months of the year totalled 7,869 K€ as compared with 8,051 K€ for the same
period last year.
License sales amounted to 1,218 K€ as compared with 1,703 K€ in 2011. During the
first nine months, sales generated from software licenses totalled 3,951 K€, and
represent 50.2% of total sales.
Sales for the Professional Services increased when compared with the same period
last year. During the first nine months, Professional Services sales totalled
3,918 K€, an increase of 19.9% as compared with the same period last year.
2012 Outlook
SYSTRAN will continue its efforts to develop the Software Publishing business,
focusing on Server Product sales to corporate customers. SYSTRAN plans to
reinforce the sales team to develop revenue in all business segments. SYSTRAN
will also launch new cloud services to complement its line of products and
services for corporate customers.
Based on the level of existing orders and the current challenging economic
environment, sales for 2012 should be less than 2011.
Dispute with the European Commission
The Court has informed SYSTRAN and the European Commission that the Advocate-
General will deliver his conclusions on November 15, 2012 instead of September
27, 2012 as previously scheduled.
About SYSTRAN
SYSTRAN is the market leading provider of language translation software products
and solutions for the desktop, enterprise and Internet.
Use of SYSTRAN products and solutions enhance multilingual communication and
increase user productivity. SYSTRAN delivers real-time language solutions for
search, content management, online customer support, intra or intercompany
collaboration, and eCommerce.
With the ability to facilitate communication in 52+ language combinations and in
20 vertical domains, SYSTRAN's software is the choice of leading global
corporations, portals and public agencies.
SYSTRAN has been pioneering advances in machine translation for over four
decades. Its latest achievement, SYSTRAN Hybrid MT, combines the predictability
and language consistency of rule-based machine translation with the fluency of
statistical MT.
SYSTRAN is headquartered in Paris, France with a North American office located
in San Diego, California, USA.
SYSTRAN (Code ISIN FR0004109197, Bloomberg: SYST NM, Reuters: SYTN.LN) is listed
on EuroNext Paris, Compartiment C.
For more information, visit www.systransoft.com
Contact
Dimitris SABATAKAKIS, Chairman & CEO
Telephone: +33 (0)1 44 82 49 00 Fax: +33 (0)1 44 82 49 01
Email:
sabatakakis@systran.fr
Revenue for the fourth quarter of 2012 ending on December 31(st), 2012 and
annual results for 2012 will be announced on February 15(th), 2013.
This Press Release is available for download at:
www.systransoft.com /systran/investors/press-releases
SYSTRAN THIRD QUARTER 2012 REVENUE RELEASE:
hugin.info/141962/R/1656307/535458.pdf
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Source: SYSTRAN via Thomson Reuters ONE
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