INFORMATION ON NOBULTEC LTD´S FINANCIAL RESULTS DEVELOPMENT AND FINANCIAL POSITION


QPR SOFTWARE PLC        STOCK EXCHANGE RELEASE 28 July 2011 at 11.00 am

INFORMATION ON NOBULTEC LTD´S FINANCIAL RESULTS DEVELOPMENT AND FINANCIAL POSITION

QPR Software Plc publishes the following information on Nobultec Ltd´s financial results development and financial position. QPR has today announced that it is acquiring 100% of Nobultec Ltd´s shares. The transaction will take place on 1 August, 2011 and Nobultec becomes QPR´s 100% owned subsidiary.

 

Financial results (1,000 EUR)      
  2009 2010  
Net sales 866 1,141  
Operating profit 4 137  
Profit before tax 4 138  
Profit for the period 2 102  
       
Financial position (1,000 EUR)      
  2009 2010  
       
Cash and cash equivalents 94 85  
       
Total equity 159 246  
Non-current liabilities 19 0  
Current liabilities 144 180  
Balance sheet total 322 426  
       

QPR Software Plc

Jari Jaakkola,
Chief Executive Officer    

For additional information in QPR Software, please contact:

Jari Jaakkola, CEO
Tel. +358 40 502 6397
www.qpr.com

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