Lipro Holding AG
Ad hoc-Service: LIPRO AG Adhoc LIPRO 5.4.01 e
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LIPRO AG Generates Revenue of Euro 7.2 Million in 1st Quarter
Financing bottleneck is to be resolved shortly
Berlin, April 5, 2001. LIPRO AG, an international software company
headquartered in Berlin, achieved its targets in the first quarter.
In the traditionally weak first three months of the year, cash-based revenue of
circa Euro 7.2 million was generated.
This underpins LIPRO AGs plan of generating revenue of Euro 52 million and
income of Euro 6 million in fiscal 2001.
Today LIPRO AG has orders worth Euro 21 million in its books.
The rapid growth of business led to a short-term liquidity bottleneck, which in
turn resulted in delayed payment of some of the staffs salaries in March.
With the support of the state of Berlin, LIPRO is pursuing talks with its
consortium banks with the goal of quickly resolving the problems that have
arisen.
For further information, please contact:
LIPRO AG
Kathrin Kleinjung
Director of Corporate Communications
Landsberger Strasse 267, 12623 Berlin
Tel.: 030/56584-0
Fax: 030/56584-145
E-Mail: kathrin.kleinjung@lipro.de
www. lipro.com
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