euro adhoc: IVU Traffic Technologies AG / Annual Reports / IVU Publishes 2005 Annual Report

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Disclosure announcement transmitted by euro adhoc.
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15.03.2006

Turnaround accomplished
Revenues have risen 17%
EBIT and group result positive
Good result forecast for 2006

IVU Traffic Technologies AG has turned its business around. This
conclusion is drawn from the 2005 annual financial statements, which
were approved today by the Berlin software company’s supervisory
board. Revenues rose substantially to EUR31.2 million, which is 17%
higher than in the previous year. Gross profits - that is, the value
created by the company - rose EUR0.9 million over 2004 figures,
ending up at EUR23.2 million. EBIT was EUR1.0 million and the
operating result EUR1.3 million, while costs continued to drop. IVU
remains optimistic for the present year, anticipating a substantial
increase in gross profits and thus a continuation of the positive
trend.

Personnel expenditures declined another EUR2.5 million to EUR15.2
million in 2005, which was a further 14% decrease over the previous
year. IVU nevertheless has boosted the quality of its team. These
figures are the result of substantial cutbacks in the workforce: 51
departures, 38 of which were due to operational termination, were
offset by 29 new hires; the share of computer scientists has risen
from 8 % in 2002 to 27% today. This has strengthened the team and
made it especially efficient in development and project
implementation.

In addition to personnel costs, the 2005 fiscal year also saw a
further EUR0.6 million reduction in other operating expenses, i.e.
the company’s costs for property and equipment, which amounts to 11
%. This made it possible to considerably improve the group result as
depreciations continue to decline. In addition, the good year-end
result and a capital increase in July helped boost equity by EUR3.7
million. Thus avoiding the danger of excessive indebtedness. The
company once again can look forward to the future with optimism.

"Our confidence after the recent difficult years is due to three
factors," says Prof. Dr. Ernst Denert, Chairman of the Board of IVU.
"Firstly, we have a smaller yet more effective team. Secondly, we
were able to further develop our products in terms of functionality
and improve the quality. Thirdly, our customers remained loyal
because we provide them with good service and support. We will
continue in this direction."

IVU expects to remain in the black in the 2006 fiscal year. The
company has a good order position. Taking assessed open tenders and
business proposals into account, the sales proceeds planned for 2006
are already largely covered in March. Revenues will remain at
approximately the same level as in the year just concluded, i.e.
above EUR30 million. Gross profits amounting to EUR25 million are
planned to be 9% higher than in 2005, which will substantially boost
EBIT. IVU assumes that this positive trend will continue throughout
2006 and beyond.

On Wednesday, 15 March 2005, at 9:30 p.m., the complete annual report
will be posted online at www.ivu.de.

end of announcement euro adhoc 15.03.2006 19:57:16
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ots Originaltext: IVU Traffic Techn. AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Renate Bader
Tel.: +49 (0)30 859 06 800
E-Mail: rba@ivu.de

Branche: Computing & Information Technology
ISIN: DE0007448508
WKN: 744850
Index: Prime All Share, Technologie All Share, CDAX
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade


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