euro adhoc: USU Software AG / Earnings Forecast / USU Software AG doubles net income to over EUR 2 million and expects an earnings upturn of over 100% for 2007

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Preliminary Results

07.03.2007

Möglingen, 7 March 2007 - According to provisional calculations, USU
Software AG (ISIN DE000A0BVU28) increased Group revenues in the 2006
financial year by almost 25% against the previous year to EUR 25.9
million (PY: EUR 20.9 million). This positive trend results primarily
from the successful product and solutions business in Germany and
internationally. In the reporting period, the USU Group achieved an
even strong increase in profitability with net income moving up to
EUR 2.1 million (PY: EUR 1.0 million). For the 2007 financial year,
from operating business and positive tax effects the Management Board
expects net income of over EUR 4.5 million.

In the 2006 financial year, a key share of earnings in the USU Group
was generated by the group subsidiary USU AG. In connection with the
profits generated by this subsidiary and the expected future positive
taxable result, it is mandatory according to IFRS to recognize a
deferred tax asset on the USU AG tax loss carry forwards of EUR 0.7
million. At the same time, this resulted in an expensed extraordinary
goodwill amortisation at USU Software AG at the same level. After
taxes there was no overall effect of this measure.

In the financial year 2006, EBITDA increased by a good 130% to EUR
2.3 million (PY: EUR 1.0 million). EBIT adjusted for extraordinary
goodwill amortisation improved significantly to EUR 1.7 million (PY:
EUR 0.3 million). With net income doubling to EUR 2.1 million (PY:
EUR 1.0 million), the earnings upturn for the 2006 financial year in
the USU Group was considerably higher than forecast by the USU
Software AG Management Board.

Earnings per share increased from EUR 0.12 in 2005 to EUR 0.23 in the
2006 reporting year. For this reason, the Management Board, subject
to the approval of the Supervisory Board, plans to propose the Annual
General Meeting a dividend distribution of EUR 0.10 per entitled
share. This means that USU Software AG shareholders are to
participate directly in the company success for the first time.

In the 2007 financial year, it is not only organic growth, but
LeuTek, which was acquired in November 2006, which should contribute
to considerable revenues and earnings growth. The Management Board
plans to increase group revenues to between EUR 32 million and EUR 33
million in the 2007 financial year, and generate Group EBIT before
extraordinary goodwill amortisation considerably in excess of EUR 3
million. On July 12, 2007 the USU Software AG Annual General Meeting
is to be presented a profits transfer agreement with LeuTek GmbH for
approval. From the necessary recognition of deferred tax assets
including the related goodwill amortisation, a positive after tax
impact of approximately EUR 1.5 million results for the 2007
financial year. On the basis of the above premises, the Management
Board expects to generate net income of over EUR 4.5 million in
financial year 2007.

In the context of this year’s Annual Press Conference, USU Software
AG is to publish the final figures for the 2006 financial year and
details on the planning for the current financial year on March 27,
2007.

end of announcement euro adhoc 07.03.2007 18:47:26
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ots Originaltext: USU Software AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Contact:

USU Software AG USU Software AG
Investor Relations Corporate Communications
Falk Sorge Dr. Thomas Gerick
Phone: +49 71 41 - 48 67 351 Phone: +49 71 41 - 48 67 440
Fax: +49 71 41 - 48 67 108 Fax: +49 71 41 - 48 67 909
E-Mail: f.sorge@usu-software.de E-Mail: t.gerick@usu-software.de

Branche: Software
ISIN: DE000A0BVU28
WKN: A0BVU2
Index: CDAX, Prime All Share
Börsen: Baden-Württembergische Wertpapierbörse / regulated dealing
Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade


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