InVision Software AG: Transition to Cloud Computing Impacts 2011 Nine-Month Results
Preliminary results reveal revenues of approximately EUR 9 million, EBIT of approximately EUR -2.1 million / Cloud offering also available in the Netherlands as of third quarter
In recent months, the Company has continued to push forward with its full transition to cloud computing. After Italy and France most recently, cloud products were made available in the Netherlands during the third quarter of the year, as planned.
The complete financial report for the first nine months of 2011 will be available for download from the Company's website at http://www.invisionwfm.com/uk/global_pages/investor_relations/financial_reports beginning November 15th, 2011.
InVision Software is a leading international provider of cloud-based workforce management solutions which enable companies to optimise their staff planning and scheduling processes. InVision empowers customers to reduce personnel costs, increase productivity, improve employee satisfaction and to boost revenue by leveraging better customer service. Founded in 1995 and based in Ratingen (Germany), InVision currently employs more than 170 WFM specialists and has offices across Europe, North America, and South Africa. InVision Software AG (IVX) is listed in the Prime Standard Segment of the Frankfurt Stock Exchange.
Further information: www.invisionwfm.com