Interim Management Statement

Embargoed Release: 07:00hrs Thursday 7 May 2009 SOPHEON PLC ("Sopheon" or the "Company") INTERIM MANAGEMENT STATEMENT Sopheon plc, the international provider of software and services that improve the financial return from innovation and product development investments, announces its first interim management statement for the period since 1 January 2009 to the date of this announcement, in line with the requirements of the EU Transparency Directive. Sopheon's strong performance in 2008 carried through to the end of the year. Since the start of 2009, we have closed a total of 13 new and extension license orders. The total licensee base now stands at 162. Recurring revenues from maintenance, hosting and rental licenses now stand at £4 million compared to £2.8 million a year ago. Overall business from existing customers continues to grow, reflected also in license extensions and additional services work. Revenue visibility for the full year from contracted business and recurring revenue streams, now stands at £6 million; total reported revenue for 2008 was £9.3 million. Gross cash resources at the end of the first quarter stood at £2.3 million. Our solutions offer compelling value to companies faced with the need to cut costs without jeopardising their strategies for growth; but we are operating in a worldwide economic climate unlike any in our Company's history. Analyst research shows moderating growth projections for almost all categories of software. We feel fortunate that our sales pipeline remains strong. However, it is difficult in the current conditions to predict the timing and value of individual sales, leading to continued unpredictability in business performance. Nevertheless, the market for our solutions continues to mature, the competition continues to evolve, and new opportunities continue to arise. We therefore believe that it is essential to sustain our investment in product development through these tough times; protecting the advantages that underpin our history of success, and positioning Sopheon to accelerate out of the downturn and emerge with increased competitive strength when markets recover. Accordingly, since the end of last year we have increased the size of our product development team. At the same time we have reduced and reorganized certain operational groups. Based on these changes, our overall headcount has gone from 105 at the end of 2008 to a current total of 101 employees. -Ends- For further information contact: Barry Mence, Chairman Sopheon plc + 44 (0) 1483 685 735 Arif Karimjee, CFO Vikki Krause Hansard Group + 44 (0) 207 245 1100 + 44 (0) 7515 922906 Claire Verhagen Citigate First Financial + 31 (0) 205 754 010 Paul Davies Seymour Pierce + 44 (0) 207 107 8000 About Sopheon Sopheon (LSE: SPE) is an international provider of software and services that help organisations improve the business impact of product innovation. Sopheon's solutions automate and govern the innovation process, enabling companies to increase revenue and profits from new products. Sopheon is listed on the AIM Market of the London Stock Exchange and on the Euronext in the Netherlands. For more information, please visit www.sopheon.com.

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Sopheon (SPE)
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