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Turnover for Q1 2008: + 9.2%

Turnover for Q1 2008: + 9.2%

Meets expectations

Bagnolet, 16 April 2008

In €M, at 31 MarchQ1 2008Q1 2007Δ Q1.2008 / Q1.2007
Turnover Services:21.118.9+ 12.0%
Turnover Software:1.82.1– 15.3%
Total Turnover22.921.1+ 9.2%

Quarter in line with expectations

SERVICES (9% TURNOVER): 12% INCREASE IN ACTIVITY

The commercial activity of the Services division was dynamic during the first quarter, resulting in a 12% growth despite the decrease in scope (sale of Odaxys Consulting at the end of 20071). Several new contracts (consulting and AM) were signed and contributed to the growth of the turnover in the second half. Infotel continued to strengthen its sales teams and its recruitment.

1 Odaxys Consulting was subsidiary of the Odaxys group, part of Infotel since 2006. In 2007, Odaxys Consulting had a turnover of € 1.6 M.

SOFTWARE (8% TURNOVER): WEAK DOLLAR AND COMMERCIALISATION OF NEW SOFTWARE

The -15.3% decline is not significant given the record level of royalties recorded in 2007. Despite the prejudicial dollar effect, the Software activity recorded the second best quarter in terms of royalties in the Group’s history. Specific actions were launched to commercialise new Infotel software (archiving, Infoscope Oracle…)

GOOD FORECAST FOR 2008

Infotel reiterates its confidence for 2008 and expects an organic growth above market as well as an increase in profitability.

Next meetings:
Shareholders’ Meeting: 29 May 2008
Publication of H1 turnover: 30 July 2008 (after trading)

About Infotel

Listed on Compartment C of Euronext Paris since January 1999 (ISIN code FR0000071797), Infotel is positioned at the forefront of technology innovation for companies, offering database and web application solutions. Infotel develops its expertise around two core divisions: IT services and high-tech software. In 2007, Infotel achieved a turnover of € 84.4 M.

banque

Bank

Automatic process of loan request and the simplification of KYC "Know Your Customer".

Features

  • Improvement of KYC and the onboarding of new clients with automatic identity verification thanks to intelligent ID document processing on the web or in an application.
  • Acceleration in the dealing with requests for loans and mortgages: process and automatic classification of new documents, extraction of information and validation of data points.
  • Fraud prevention and respect of rules: automation of compliance requirements on contracts, financial documents and ID documentation.
  • Easing and simplification of the consumer spending comprehension: classification of bank transfers from the study of receipt and invoice item data.
Brevets

Patents

Automated process of scientific papers and other documentation linked to the registering of a patent for intellectual property.

Features

  • Recognition and automatic indexation of fields for a precise search among the documents relating to the patent application.
  • Standardisation of the documents with online specifications: bibliopraphy, expired patent, renewed patent, etc.
Comptabilité

Accounting

Automatic processing of receipts, bills and other financial documents.

Features

  • Automisation of the accounting process: declaration of VAT, supplier bills, etc.
  • Standardisation and harmonisation of the business accounting processes.
  • Improving data security with the deletion of manual errors and with the synthesising of controls.
  • Contribution to the reduction in fraud risks, à la réduction des risques de fraude, reinforcement of operational security, audit trails and internal controls.
  • Support in the change management and accounting teams on the appropriation of this new solution.