CIMdata PLM Industry Summary Online Archive

19 July 2004

Financial News

2004 Mid Year Figures, SEAL Systems Achieves New Record of Orders

SEAL Systems specializing in document output management and conversion utilities has had satisfactory business development this first half.

The number of incoming orders was significantly over plan in the first half year of 2004 and resulted in a new peak of incoming orders of 2.3 million Euro. Increasingly the business for SEAL Systems S.a.r.l., our subsidiary in France, has exceeded expectations by mid year. Profits and costs are in plan and therefore the executive board predicts that the targeted yield will be reached in 2004.

A number of well known companies have been signed on as new customers during the months of April through June:

Volvo Trucks                                Göteborg (S)

Grundfos                                      Bjerringbro (DK)

Austria Alu-Guss                          Ranshofen (A)

König Maschinen                          Graz (A)

e2V Technologies                         Chelmsford (GB)

ATS Automation                            Munich (G)

Bentley Motors                             Crewe (GB)

Robert Bosch                                Brühl (G)

IWKA BKT GmbH                         Stutenseen (G)

CFS                                             Wallau, Weert (G)

Dürr Paint Systems                       Bietigheim-Bissingen (G)

EMG                                            Oschersleben (#G)

BST International                           Bielefeld (G)

Siemens Transportation Systems   Group wide license

Financial Chief, Volker Schindewolf gives a perspective for the second half: "The past year resulted in a loss of incoming orders. For 2004 the forecast is explicitly better. Therefore we will carefully increase and manage our resources to meet the requirements of the growing number of orders. Service oriented projects from SEAL Systems have increased as never before. We appreciate the performance and quality of the work of our project engineers during the phases of consulting, engineering, specification and implementation."

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