SYSTRAN :Third Quarter 2012 Revenue Release

Marketwired

PARIS LA DéFENSE CEDEX, FRANCE--(Marketwire - Nov 8, 2012) -



Third Quarter 2012 Revenue Release


November 9(th), 2012 - SYSTRAN, the leading provider of languagetranslation technologies, today announced its consolidated financialresults for the third quarter ended September 30, 2012.


+---------------------+---------------------+
| 3rd quarter | Year-to-date |
+--------------------------+---------------------+---------------------+
|Consolidated and unaudited|2012 2011 Variation 2012 2011 Variation|
|(in KEUR) | 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 KEUR as comparedwith 2,782 KEUR for the third quarter of 2011. Consolidated sales for thefirst nine months of the year totalled 7,869 KEUR as compared with 8,051KEUR for the same period last year.

License sales amounted to 1,218 KEUR as compared with 1,703 KEUR in 2011.During the first nine months, sales generated from software licensestotalled 3,951 KEUR, and represent 50.2% of total sales.

Sales for the Professional Services increased when compared with the sameperiod last year. During the first nine months, Professional Services salestotaled 3,918 KEUR, an increase of 19.9% as compared with the same periodlast year.

2012 Outlook

SYSTRAN will continue its efforts to develop the Software Publishingbusiness, focusing on Server Product sales to corporate customers. SYSTRANplans to reinforce the sales team to develop revenue in all businesssegments. SYSTRAN will also launch new cloud services to complement itsline of products and services for corporate customers.

Based on the level of existing orders and the current challenging economicenvironment, sales for 2012 should be less than 2011.

Dispute with the European Commission

The Court has informed SYSTRAN and the European Commission that theAdvocate-General will deliver his conclusions on November 15, 2012 insteadof September 27, 2012 as previously scheduled.


About SYSTRAN

SYSTRAN is the market leading provider of language translation softwareproducts and solutions for the desktop, enterprise and Internet.

Use of SYSTRAN products and solutions enhance multilingual communicationand increase user productivity. SYSTRAN delivers real-time languagesolutions for search, content management, online customer support, intra orintercompany collaboration, and eCommerce.

With the ability to facilitate communication in 52+ language combinationsand in 20 vertical domains, SYSTRAN's software is the choice of leadingglobal corporations, portals and public agencies.

SYSTRAN has been pioneering advances in machine translation for over fourdecades. Its latest achievement, SYSTRAN Hybrid MT, combines thepredictability and language consistency of rule-based machine translationwith the fluency of statistical MT.

SYSTRAN is headquartered in Paris, France with a North American officelocated in San Diego, California, USA.

SYSTRAN (Code ISIN FR0004109197, Bloomberg: SYST NM, Reuters: SYTN.LN) islisted on EuroNext Paris, Compartiment C.

For more information, visit www.systransoft.com

Revenue for the fourth quarter of 2012 ending on December 31(st), 2012 andannual results for 2012 will be announced on February 15(th), 2013.


This Press Release is available for download at:http://www.systransoft.com/systran/investors/press-releases

SYSTRAN THIRD QUARTER 2012 REVENUE RELEASE:http://hugin.info/141962/R/1656307/535458.pdf


This announcement is distributed by Thomson Reuters on behalf of ThomsonReuters clients. The owner of this announcement warrants that: (i) thereleases contained herein are protected by copyright and other applicablelaws; and (ii) they are solely responsible for the content, accuracy andoriginality of the information contained therein.

Source: SYSTRAN via Thomson Reuters ONE
[HUG#1656307]

Contact:
Contact

Dimitris SABATAKAKIS
Chairman & CEO
Telephone: +33 (0)1 44 82 49 00
Fax: +33 (0)1 44 82 49 01
Email: Email Contact

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