2006: Higher net return despite decrease in revenue

13 % decline in order entry, cash growth by 11 %
Outlook: Just under double-digit revenue growth expected in 2007

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companies/Annual Result 2006

Aachen (euro adhoc) - Aachen - 13 March 2007. Parsytec AG - the
world's leading producer of surface inspection systems for strip
products - announces its results of the financial year 2006 as of 31
December 2006. The accounting has been made according to
International Financial Reporting Standards (IFRS). There were no
changes to the preliminary results published on 21 February 2007.

|(EUR m) |12 M |12M 2005|Q4 2006 |Q4 2005 |
| |2006 | | | |
|Order entry |22.7 |26.0 |6.7 |8.6 |
|Revenue |23.5 |28.6 |5.6 |6.6 |
|EBIT |1.5 |2.2 | 0.02 |0.6 |
|EAT |1.3 |1.5 |0.1 |0.4 |
|Net return on revenue |5.5 % |5.2 % |1.9 % |6.2 % |
|RoE (before taxes) |10.4 % |10.0 % |3.2 % |10.7 % |
| | | | | |

Order entry and revenue decline on an annual basis

In financial year 2006, Parsytec had an order entry amounting to
EUR 22.7 million. This signifies a reduction of 13 % compared with
the 2005 financial year figure of EUR 26.0 million. In the fourth
quarter of 2006, an order entry of EUR 6.7 million was achieved, 22
% under the strong figures from the fourth quarter of 2005.
Revenues declined by 18 % compared with the previous year.
Having achieved revenues of EUR 28.6 million in 2005, revenues of
EUR 23.5 million were posted in 2006. In the reporting quarter,
there was a decline of 15 % against the previous year quarter to
EUR 5.6 million. The weakness in revenue and order entry results
primarily from order delays and price erosion due to competitive
conditions.

Profitability increase on an annual basis to 5.5 %

In 2006, the net return on revenue improved by 0.3 percentage points
as against 2005 to 5.5 %. This was the result of increasing
flexibility in operating expenses and reducing manufacturing costs.
The cost reduction is also reflected in the development of the gross
profit margin (as a ratio of gross profit to revenue) which
increased from 51 % in 2005 to 56 % in 2006. In Q4 2006 the net
return on revenue amounted to 1.9 % (compared to 6.2 % in the
previous year quarter).

Outlook: Just under double-digit revenue growth expected in 2007

For the market of surface inspection systems as a whole, the
Company expects the number of units sold to rise again in 2007
compared with the downward movement in 2006. Revenue in 2007 is
expected to exceed the previous year's figure with a growth rate
of just under double digits. The gross margin is estimated to
fall slightly compared with 2006 because of the prevailing price
pressure. Following the slight increase in relative profitability in
2006, the Company is aiming for absolute growth in earnings and the
achievement - once again - of a net return on revenue of a good 5 %
in 2007.

end of announcement euro adhoc 13.03.2007 07:37:15
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ots Originaltext: Parsytec AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Parsytec AG
Investor Relations
Tel ++49(241)9696-200
Fax ++49(241)9696-500
e-Mail: ir@parsytec.de
Internet: www.parsytec.de

Branche: Software
ISIN: DE000A0JQ4J9
WKN: A0JQ4J
Index: Prime All Share, Technologie All Share, CDAX
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade


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