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Significant growth at ABAS Software AG again in 2012

abas Software AG shareholders' meeting approves dividends of 16% for common stock and 20% for preferred stock

Karlsruhe, Germany, June 18, 2013 — On June 7, 2013, Chairman of the Supervisory Board, Udo Stößer, and CEO, Werner Strub, reported the business development of abas Software AG in Karlsruhe at the annual shareholders' meeting. The German-based software provider was able to significantly increase revenue and sales figures again in 2012 and has now recorded profits for 19 consecutive years.

Fiscal year 2012

abas Software AG reports a successful fiscal year 2012. In 2012, overall performance rose to €13 million, an increase of 8.8% over 2011. The company's earnings in 2012, which at ABAS Software AG were characterized by intensified increases in human resources and investments in developing new software technologies, totaled €650,000. With this result ABAS can now boast 19 consecutive years of profitability. Equity increased to €6.3 million in 2012. And the equity ratio is now 83.8%.

Confidence in the Board of Management and the Board of Directors was unanimously confirmed in the 2012 shareholders' meeting. The annual shareholders' meeting approved payment of dividends as follows: €0.16 for €1 common stock and €0.20 for €1 preferred stock.

About abas

The company abas, which was founded in 1980, is now an international company group. Today, abas Software AG has 135 employees in Karlsruhe, and, together with abas sales and implementation partners, more than 750 employees worldwide. The core competence of abas Software AG is the development of a flexible ERP suite for midsize companies. More than 2,800 midmarket companies with approximately 90,000 users already use abas.

On January 1, 2014, the ERP developer abas Software AG and their long-time sales partner ABAS Projektierung Holding GmbH will combine there expertise in software development, sales, and project operations. The merger will create a company with annual revenues of about €33 million and 300 employees.

Additional information on abas:
Mark Muschelknautz (Head of Marketing)
[email protected] (Press and Public Relations)
Phone: +49 (0) 721 96 72 30; Fax: +49 (0) 721 96 72 31 00

703-444-2500
+43 1 319 15 19
+49 721 96 72 30
703-444-2500
+38 061 21 37 855
+420 241 931 544
+31 (0)85 3033 555
+421 903 717 980
+55 - 11 5054 - 5500
+852-2793-3317
+91 77559 04373
+62 (21) 293 19 366
+603-56124999
++94 76 666 9070
+66 81 6297375
+359 2 423 61 56

Contact

Your consent can be withdrawn at any time by sending an email to [email protected] . We assure you that we will treat this information as strictly confidential and that it will be used by abas Software AG and abas partners only (privacy policy).

North American Headquarters

703-444-2500
abas USA
45999 Center Oak Plaza
Suite 150
Sterling, VA20166

North American Headquarters

703-444-2500
abas USA
45999 Center Oak Plaza
Suite 150
Sterling, VA20166

Infocom Ltd.

+38 061 21 37 855
bul. t. Shevchenko, 56
Zaporozheye
69001

amotIQ sro

+420 241 931 544
Belnická 603
252 42 Jesenice u Prahy

ABAS Business Solutions Nederland BV

+31 (0)85 3033 555
abas Netherlands
Beilerstraat 24
9401 PL Assen

amotIQ sro

+421 903 717 980
amotIQ sro
Palarikova 36
900 28 Ivanka pri Dunaji

SHP Informática Ltda

+55 - 11 5054 - 5500
SHP Informática Ltda
Alameda dos Jurupis, 452, 7°andar - Conjunto 73/74
Sao Paulo - SP 04088-001

abas Business Solutions Limited

+852- 2793-3317
abas Hong Kong
1621, New Tech Plaza
34 Tai Yau Street
Hong Kong

abas Force India Pvt. Ltd.

+91-77559-04373
abas India
303, Aspiro Complex, Opp. Thyssenkrupp,
Pimpri Stn. Road, Pimpri,
Pune 411018

PT. abas Information Systems

+62 (21) 293 19 366
abas Indonesia
11620 Taman Aries, Jakarta barat Jakarta
Grand Aries Niaga G1-2H

Synchro RKK Sdn Bhd

+603-56124999
abas Malaysia
Sunway Geo Avenue,
Jalan Lagoon Selatan
Sunway South Quay,
Bandar Sunway
Subang Jaya Selangor 47500

Providence Global Pvt Limited

+94 770415387
Providence Global Pvt Limited
752/1
Dr De Silva Mawatha
Colombo 09

Wisdom Information Systems

+66-29340451/52/53
Wisdom Information Systems
208/5 Ladprao Soi 126
Bangkok 10310

abas Бизнес Сълюшънс България ООД

+359 2 423 61 56
abas Бизнес Сълюшънс България ООД
жк. Младост 1А, бл.553А, офис 1
1729 София