PSI Increases 2007 Result and New Orders

Additional increase expected for 2008

Berlin, 17 January 2008 – According to preliminary calculations the PSI Group increased its EBIT to more than 3.5 million euros in financial year 2007 (2006: 1.0 million euros). Group sales reached about 120 million euros (2006: 117.0 million euros), as expected new orders increased to more than 130 million euros (2006: 125 million euros). As a result of the positive operating cash flow liquidity on 31 December 2007 increased to over 19 million euros (31 December 2006: 15.3 million euros).
For 2008 the management expects another increase in the EBIT to more than 5 million euros.

PSI AG develops and integrates individual solutions, on the basis of its own software, for the management of energy networks (electricity, gas, oil, water, heat), cross-company production management (steel, mechanical engineering, automotive, logistics) and infrastructure management for telecommunications, transport and safety. PSI was founded in 1969 and currently employs more than 1,000 persons in the group.