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  Key figures
  Introduction by the Executive Board
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  Overview of business development
  Development of revenues
  Strategic progress
  Business development in first half year
  Interim statement
  Financial Calendar
  Strategic progress  

International launch of new XML Business Integration portfolio
We showcased our new XML Business Integration portfolio at Gartner Application Integration Summits in Los Angeles, Amsterdam and Sydney. Comprising of enhanced packages, it optimizes real-time access to business-critical information in existing IT systems. The highly innovative line of integration products exceeded market requirements. We therefore expect the launch of these products to provide extra momentum to XML Business Integration sales.

Commitment to promising growth markets
In line with the Company's growth strategy, we continued to develop both new and existing regional markets in the first half year. All regions played an active part in the process. Our new regional headquarters in Australia will strengthen our presence in Asia. And we intend to exploit the fast-growing Chinese market via a new strategic alliance with value-added reseller Shanghai 5A technology Development Co. Ltd. This agreement centers on XML Business Integration products.

Software AG is targeting significant two-digit annual growth in South Africa this year. In order to improve our position in this exciting market, we terminated our sales agreement with Dimension Data and established our own offices. Employees with relevant product expertise transferred from Dimension Data to Software AG.

A new world of opportunities in Eastern and Southern Europe
Software AG is now certified to provide mainframe products for the Russian government for high-security areas. In collaboration with Nicevt, Russia’s leading hardware and software vendor, we have founded a competence center dedicated to the modernization and optimization of mainframes.

Newly formed SAG Systemhaus S.L. in Spain and Software AG Institute in Portugal will help to strengthen the Company's presence in Southern and Western Europe. Moreover, we recently signed a partnership agreement with Engineering Ingegneria Informatica, one of Italy’s top-three systems integrators. We are also making a concerted effort to expand our technology partnerships in the USA.

  Interim Report Q2/04 (PDF)
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