Logismos, an Information Systems company based in Thessaloniki, announced the financial results for the third quarter 2004 according to which the sales revenues are 2.342.887,16 euros showing an increase of 13% compared to the last year correspondent quarter, which were 2.074.282,28 euros. The earnings before interest, depreciation and taxes are 1.131.359,53 euros increased by 60% compared to the last year correspondent quarter which were 707.185,05 euros. Finally the profits before taxes are 272.344,65 euros showing an significant increase compared to the last year correspondent quarter which were 20.478,65 euros.

Logismos' activities cover two main IT Sectors. The first sector is the Development and Production of Application Software and the second sector is the IT Project Integration in which the company has already implemented a significant number of projects in Companies and Organizations.

The core product of the company is the Enterprise Resource Planning System with the brand name momentum. Momentum is installed to more than 200 enterprises with more than 2.300 users.

In addition to momentum erp, the company has developed the following software applications: momentum warehouse management system (Warehouse Maintenance System), momentum budget (Complete and Dynamic Budget System) momentum ergon (Project Management System) momentum e-order (Order Management System).