ALDATA SOLUTION OYJ: INTERIM MANAGEMENT STATEMENT FOR JANUARY 1 - MAY 16, 2012 (UNAUDITED)


Aldata Solution Oyj, Stock Exchange Release, 16 May 2012 at 6.30 p.m. (EET)


ALDATA SOLUTION OYJ: INTERIM MANAGEMENT STATEMENT FOR JANUARY 1 - MAY 16, 2012
(UNAUDITED)

Aldata's net sales for continuing operations for January 1, 2012 to March
31, 2012 was EUR 13.9 million (EUR 14.2 million), with an operating profit,
EBIT, of EUR -1.0 million (EUR -0.5 million). Operating profit, EBIT, in 2012
includes a one off cost of EUR 0.3 million for the costs of provision for empty
office space in Espoo following the sale of Aldata Solution Finland Oy.

Aldata's reported order backlog includes product and third party product sales
that will be recognized as revenues during the following twelve months. At the
end of March 2012, the order backlog was EUR 26.6 million (EUR 23.5 million)
with the majority of the improvement resulting from a significant and strategic
customer agreement made in the US.


Supply Chain Management Software business

Net sales of the Supply Chain Management (SCM) Software business unit were EUR
10.4 million (EUR 11.3 million). The operating profit, EBIT, was EUR -0.3
million (EUR 0.2 million). The decrease in revenue is being driven by the
difficulty in closing forecasted large deals, which reflects the difficult
business climate that we operate in. In periods of uncertainty companies tend to
be less willing to commit to large capital expenditure or start new projects for
fear of negatively impacting operations if the project were to be unsuccessful.
Long-term decisions tend to be subject to closer scrutiny and increased
attention given to ROI calculations and payback justifications. This is likely
to delay the decision making process, and may even cause certain projects to be
put on hold for an indeterminate period. This is largely what we have
experienced in the first quarter.


Category Optimization business

Net sales of the Category Optimization business unit were EUR 2.6 million (EUR
2.2 million). The operating profit, EBIT, was EUR 0.1 million (EUR 0.0 million).
Aldata has invested in developing an ACO business segment with the acquisitions
of products in the space and range areas together with developing our own
products and this is being rewarded in our continued revenue growth in the ACO
business. The increase in revenue is coming mainly from pure license sales and
comes from all geographies and product sets.


Mid-Size Market business

Net sales of the Mid-Size Market business unit were EUR 0.9 million (EUR 0.6
million). The operating profit, EBIT, was EUR -0.1 million (EUR -0.3 million).
The improved performance comes from increased license and services demand from a
small number of key customers.

There were no internal sales between the Group's business segments. Unallocated
costs, the Group's shared items netted, decreased the Group's operating profit,
EBIT, by EUR 0.7 million (EUR 0.5 million). These costs include EUR 0.3 million
of one-off costs related to a provision for empty office space in Espoo.

The operating profit, EBIT, for January 1, 2012 to March 31, 2012 for the
discontinued operations totals EUR 6.3 million (EUR 0.6 million). This includes
both the operating results of the divested subsidiary together with the gain on
the divestiture.


Outlook

Given the current uncertainty in the retail market and the difficulty in
accurately forecasting the market behavior, Aldata expects the full year 2012
net sales to decrease significantly from the level reported in 2011 and
operating profit excluding non-recurring items to decrease in 2012 from the
level reported in 2011.


Major Events during January 1 - May 16, 2012

In February 2012, Aldata submitted an application to terminate the trading in
the Aldata shares and to delist all the Aldata shares from the official list of
NASDAQ OMX Helsinki Ltd. In the application Aldata requested that the quotation
of the Aldata shares on the official list of NASDAQ OMX Helsinki be terminated
as soon as possible upon Symphony Technology II-A, L.P ("Symphony") having
gained title to all the shares in Aldata. The application was made as Symphony
owned approximately 90.1 per cent of all the shares and votes in the Company and
had initiated minority redemption proceedings in order to acquire all the
remaining Aldata shares held by the minority shareholders. Later in February
2012, Aldata announced that the Arbitral Tribunal appointed by the Redemption
Committee of the Central Chamber of Commerce had confirmed that Symphony has the
right to redeem the minority shares in Aldata and that Symphony has the right to
obtain title to the minority shares by lodging a security approved by the
Arbitral Tribunal for the payment of the redemption price and the interest
accruing thereon.

In March 2012, Aldata announced that it had closed the agreement to sell its
local Finnish subsidiary, Aldata Solution Finland Oy (Aldata Finland) to Solteq
Oyj, a Finnish provider of Retail and ERP software. Solteq Oyj bought all the
shares of Aldata Finland for a purchase price of approximately EUR 8.3 million.
The purchase price was paid in full by bank transfer on completion.

In April 2012, Aldata announced that it had signed a credit facility agreement
with Silicon Valley Bank for a credit facility of EUR 5.0 million. The facility
was for a 2 year period and is based on the European arms-length commercial
interest conditions. This new facility replaced the old facility that was
refunded at the end of March 2012 as per the agreed terms of how the old
facility should be repaid following the breach in the change in control clause
of that agreement. Symphony arranged for a guarantee to be provided for the new
facility, which was a prerequisite of Silicon Valley Bank when granting the
facility. Together with the proceeds received from the sale of Aldata's Finnish
subsidiary in March 2012, this facility will help Aldata address its liquidity
issues and fund the Company's ongoing working capital needs.

In April and May 2012, Aldata announced changes to the Company's Corporate
Management Team, with the appointments of Michael Todd Sanders as the Chief
Financial Officer, Patrick Buellet as the Chief Technology Officer and Graeme
Cooksley as the Head of Europe. Each individual reports to the CEO, Roy Simrell.

On May 4, 2012 Aldata announced that the Arbitral Tribunal appointed by the
Redemption Committee of the Central Chamber of Commerce of Finland has in its
award rendered confirmed that the redemption price for the minority shares in
the Company is EUR 0.61 per share. Symphony will pay the redemption price
together with the interest payable thereon, to the minority shareholders no
later than within one month from the effective date of the arbitral award.
Ownership to the minority shares will pass to Symphony upon the payment of the
redemption price, after which public trading in the Aldata shares will be
terminated.

On May 7, 2012 Aldata announced its decision to move to the publication of an
interim management statement instead of publishing an interim report for the
first three and nine months of the financial year. Aldata considered that
publishing an interim management statement is more suitable than publishing an
interim report considering that Aldata's share will be delisted in the near
future. The Finnish Financial Supervisory Authority granted Aldata an exemption
from the obligation to publish before the beginning of the financial year the
fact that Aldata will not publish an interim report for the first three and nine
months of the year. In addition, the Finnish Financial Supervisory Authority
granted Aldata an exemption from the obligation to publish an interim report for
the period 1 January - 30 June 2012 provided that the company will be delisted
prior to 31 August 2012, as well as an exemption from the obligation to publish
an interim management statement during the second six months of the financial
year 2012 provided that Aldata has been delisted six weeks before the end of the
financial year at the latest.

The share of Aldata is expected to be delisted in July-August 2012.

Aldata Solution Oyj

Further information:

Investor relations, tel. +358 10 820 8000



About Aldata
Aldata is a global leader in retail and distribution optimization. Our software
and service solutions help retailers, distributors and manufacturers
dramatically improve their business performance. We optimize categories, space,
supply, logistics, and consumer engagement to increase our customers' revenue
and margins, reduce time, cost and waste, and enhance on-shelf availability,
service, and retention.
Founded in 1988, Aldata has an unparalleled track record of delivering
successful projects for the world's largest retail and consumer brands, national
wholesale and distribution organizations, and regional store chains. Aldata
Solution is a public company quoted on NASDAQ OMX Helsinki Ltd with the
identifier ALD1V.
Discover more about Aldata's customers, our solutions, and the multi-skilled
global team that supports them at www.aldata.com

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.aldata.com

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