teamwork information management AG
teamwork info. management english

teamwork: positive EBIT in June 2002 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– teamwork: positive EBIT in June 2002 Expectation reaffirmed of achieving break-even in 3rd quarter 2002 Paderborn, July 22, 2002. As announced, in June 2002 teamwork information management AG achieved a positive EBIT in the group. At teamwork AG, the June EBIT amounted to 21 thousand euros, and at the British subsidiary InfoSys Ltd., EBIT was 4 thousand euros. This result confirms the success of the cost reduction measures that have been introduced at teamwork. Orders on hand in the group as of June 30, 2002 amount to 1,495 thousand euros. On the basis of this order volume and the positive EBIT in June 2002, teamwork’s Board of Management has reaffirmed its prognosis that break-even in the group EBIT will be achieved in the third quarter of 2002. Contact: Dr. Sabine Brummel, phone: +49 (0)5251-5201-145, e-mail: sbrummel@teamwork.de end of ad-hoc-announcement (c)DGAP 22.07.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: teamwork information management AG Listed on the Neuer Markt since July 1999, teamwork information management AG is an international provider of collaborative business solutions for the intranet and intranet. Collaborative business allows electronic information management both within companies and in their dealings with customers and business partners. With collaborative business, control of the information flow is automated and business processes are electronically mapped. The services offered by teamwork AG include consulting, development, implementation, support and training. Today, more than a thousand companies use the solutions of the teamwork group in Germany and the UK. ——————————————————————————– WKN: 724161; ISIN: DE0007241614; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München und Stuttgart 220758 Jul 02