Significant increase in turnover participation in major projects

The financial results of PC SYSTEMS in 2004 noted impressive increase. This dynamic development of the financial figures is confirmed by the significant increase in total turnover in 1st half of the current fiscal year.

More specifically, the company's turnover in the first half 2004 increased approximately 30% , exceeding Euro 20.7 mil. versus Euro 16 mil. in the respective period of the previous fiscal year.

Likewise in July 2004 turnover reached Euro 6.3 mil. versus Euro 2.5 mil. in July 2003, noting an increase of 152%.

According to Management's estimates turnover is expected to exceed Euro 45 mil. in 2004. Likewise pre tax profits will present significant increase.

PC SYSTEMS' dynamic course derives from the continuous development of new services and strategic alliances, as well as from the company's consistency to it's business plan through participation and realization of major IT projects within the Private, Public and Banking sector. The company maintains within its clientele more than 2000 satisfied customers, offering Turn Key Solutions that are based on the particular claims-needs of each customer.

Indicatively in the previous month, the company has successfully accomplished the re-installation of the IT system for Lambrakis Publishing Organization, undertook a three year contract agreement regarding supply of Μicrosoft software to the Hellenic Telecommunications Organization (OTE Group) and also projects related to the Academic Education sector.

Regarding the Olympic Projects, the company plays a significant role in the Olympic Games as far as concern the infrastructure and support of IT systems.

More specifically, PC SYSTEMS participates in the Consortium for the Olympic IT Projects (ΚΟΕΠ). The budget of the particular project is Euro 29,4 mil. and it's associated with the infrastructure of the ATHENS 2004 Olympic Games. Furthermore, the company participates in Consortium for SAIC Project ,amounting to Euro 240 mil., associated with the Olympic Games Security. The company's participation in the major IT projects in Greece confirms its' successful course. The continuous investment in manpower, new collaborations, new products and know-how contribute to the company?s establishment as one of the top IT corporations in Greece. PC SYSTEMS constitutes the basic unit of Pouliadis Group in the Systems Integration area. The company's core activities are focused on the design, distribution, support, training and maintenance of information systems, the provision of advanced technology services to the information technology and telecommunications sectors, the systems integration and the development of business software.


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