euro adhoc: S&T System Integration&Technology Distribution AG / quarterly or semiannual financial statement / S&T AG: 39% Growth in consulting and solution business

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quaterly report

31.07.2007

First half year of 2007 demonstrates consistent implementation of
strategy and the integration of most recent acquisitions

July 31, 2007 - Vienna. The S&T Group realised their strategic goals
of massively expanding the consulting and solutions business, as well
as the Managed Services division in the first half year of 2007
consistently and successfully. Total sales grew in the first half of
2007 11% as compared to the first half of 2006 to 228.7 Mil. Euro.
The consulting and solutions business grew 39% to 63.2 Mil. Euro. The
Managed Services division generated revenue growth of 13% at 39.4
Mil. Euro for the company thereby delivering results far above market
growth. The Enterprise Systems business division developed steadily
at 126.1 Mil. Euro (+0.5%). EBIT was at 3.6 Mil. Euro at the
half-year point and EBITDA at 7.1 Mil. Euro.

In the first half of 2007 the S&T Group further developed based on a
consistent implementation of their strategic goals. The revenue
distribution between the three core divisions of the business also
fulfilled the plans of the company. S&T is therefore well on its way
toward achieving the goal of generating 60% of total sales with
Business Solutions and Managed Services. Sales of these two divisions
already constitutes 45% of total sales.

Investments: About 2 Mil. Euro for Integration and Restructuring

The intensive growth and associated investments and increasing
orientation of the company toward consulting and solutions business,
as well as the corresponding restructuring costs naturally impact
EBIT that reached 3.6 Mil. Euro in the first half of 2007. The
integration and restructuring did require intensive management
attention and about 2 Mil. Euro of investments.

Outlook 2007 remains Valid

S&T´s expectation for business year 2007 remains unchanged
forecasting sales of over 500 Mil. Euro. The company is producing
some large contracts in the second and third quarters with other
agreements in preparation or implementation phases. All of which
should produce positive results in the second half of the year.

Issuer: S&T System Integration & Technology Distribution AG
Geiselbergstrasse 17-19
Austria-1110 Vienna
Telephone: +43 1 367 80 88 0
Fax: +43 1 367 80 88 1099
Email: snt@snt-world.com
WWW: http://www.snt-world.com
Exchange: Vienna stock exchange
ISIN: AT0000905351
Indices: ATX Prime, ViDX, WBI
XETRA Vienna: SNT

end of announcement euro adhoc 31.07.2007 07:00:00
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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Dipl.-Kfm. Armin Baltzer
Head of Investor Relations

S&T System Integration &
Technology Distribution AG

Tel.: +43 1 367 80 88 1020
E-Mail: armin.baltzer@snt-world.com

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market