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UNIT4 Reports Successful 2010 With Strong Final Quarter

The Netherlands February 22, 2011

– Improved Operational Margin

– Cloud computing, Software as a Service (SaaS) and Subscription Based Pricing Increasingly Important

– Positive Outlook for 2011

UNIT4, the world’s leading provider of business software for fast changing organizations, today announced its annual results for 2010, citing a successful year despite challenging market conditions.

UNIT4 is well known for providing customers in the public and private sectors with solutions that reduce costs, improve control and enable them to manage rapid and continuous change without the typical costs associated with set-up and customization. This differentiation helped create opportunities for UNIT4 in 2010, particularly in the public sector, despite fears that government spending would come under pressure.

Edwin van Leeuwen

Q4 financial summary:

Germany United Kingdom North America Sweden Norway EUR 30.6 million $41.8m USD

     Highlights for full year 2010:      - Total 2010 revenues increased by 11.1% to EUR421.7 million       ($576.4m USD) (2009: EUR379.4 million) ($518.6m USD)     - License revenue grew by 23.4% to EUR72.7 million ($99.3m USD)       (2009: EUR58.8 million) ($80.3m USD)     - Total EBITDA improved by 14.6% to EUR86.1 million ($117.6m USD)       (2009: EUR75.1 million) ($102.6m USD)     - The total EBITDA margin grew to 20.4% (2009: 19.8%)     - Net profit (before goodwill) improved by 23.5% to EUR43.2 million       ($59.0m USD) (2009: EUR35.0 million) ($47.8m USD)  

Geographical breakdown:

North America

Norway Sweden

Spain Germany United Kingdom Spain

Asia Eastern Europe Hungary

Outlook for 2011


EUR1 US$1.36666

Results webcast

Chris Ouwinga Edwin Van Leeuwen 1000 CET 23 February 2011

About UNIT4

North America Asia Pacific Africa EUR421.7 million the Netherlands

     Emma Hoyle, Group PR Manager     UNIT4     Tel: +44(0)1423-537977     Email: [email protected]   


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