09. March 2009
Annual result 2008
2,5 per cent growth in sales – successful in the U.S.A.

SEAL Systems announces again a growth in sales for the business year 2008. The total company business increased by 2,5 per cent from 10.6 to 10.9 million Euro.

The turnover for foreign business has increased by more than 35 per cent. All subsidiaries abroad in the USA, France and Australia could raise their revenues. Based on the SEAL Systems European business the subsidiaries in Australia and in the U.S.A. have increased by over 10 per cent. In the U.S.A. for the first time the one million US dollar mark for turnover was burst.

Keeping costs moderately low the company earnings of the AG could be increased by 2 %.

Among the driving forces were again Document Output Management solutions for big and midium-sized enterprises as well as integration components for SAP® PLM and other SAP modules.

rCompany speaker Reinhold Müller-Meernach comments the business result: "In spite of a slightly recognisable decrease of orders, SEAL Systems could increase business again.

Our plans for the business year 2009 consider the forced investment stops of some customers. But the SEAL Systems solutions help, to organize processes faster and more economic. With this we can contribute for the modernizing projects of many customers.

Nevertheless we expect with a slight decrease of turnover. The good economic and profitable situation of SEAL Systems will help to keep all employees and to begin delayed product and process developments.
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Angela Strauß, the authorized officer, draws this balance: „SEAL Systems never has been so successful than in 2008. And since the foundation of the company we never have had more employees in the group. We are not dependent on credit capital and have a profitable enterprise structure. With this we can stand the economic recession in some of our key industries without scaling down some departments."