Embargoed Release: 07:00hrs Friday 21st July 2006
SOPHEON PLC
("Sopheon")
TRADING UPDATE
Sopheon, the international provider of software and services that improve the
financial return from innovation and product development investments, announces
that revenues for the six months to 30 June 2006 are expected to show growth of
the order of 50% compared to the first half of 2005. As foreseen in our 2005
annual report this performance reflects the successful conversion of major
license opportunities, particularly in Europe. We enter the third quarter with
a good sales pipeline, and look forward to building on this encouraging start
to the year.
Sopheon plans to issue its 2006 interim results on 31 August 2006. As in
previous years, financial expectations referred to above are subject to the
completion of the financial close process, and certain interim review
procedures to be conducted by the group's auditors.
For further information contact:
Barry Mence, Chairman Sopheon plc Tel : + 44 (0) 1483 685 735
Arif Karimjee, CFO
Adam Reynolds Hansard Communications Tel : + 44 (0) 207 245 1100
Andrew Tan + 44 (0) 7957 203 685
Frank Jansen Citigate First Financial Tel : + 31 (0) 205 754 010
About Sopheon
Sopheon (LSE: SPE) is an international provider of software and services that
help organizations improve the business impact of product innovation. The
Sopheon Accolade® product innovation process and portfolio management system
automates gate- or phase-based product development processes and provides
strategic decision support that allows 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.
Sopheon preliminary results 2002 / page 2
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