PROFINANCE

Paris, 16th december 2008 – French editor of financial software intended for financial institutions and groups, Fimasys assesses the successful international deployment of its ProFinance suite (for loan and consumer credit management). An orientation that helps the editor holding its course despite actual difficult times.

9 main projects delivered by Fimasys in 2008 out of 12 (that is 75%) were international

With a 32% annual average growth for the fifth consecutive year, Fimasys has intensified its international expansion strategy this year thanks to the deployments of its ProFinance suite. Today this strategy brings Fimasys a stable anchoring in an economy going through a period of crisis. Considering that the French editor has been used to generate 50% of its turnover abroad for several years now (11,4M€ turnover in 2007), the international part should still be increasing in 2008 as confirmed by this year deliveries compared to year 2007:

In this difficult and uncertain economic situation, Fimasys holds its course emphasizing its efforts for international expansion. These efforts bear fruit as again current projects are undertaken internationally, with due deliveries in 2009.

Didier Seillier, President of Fimasys, is reasonably confident: « In this 2008 troubled year, we are thrilled with these operational achievements which allow us to reach a good distribution of our business portfolio on markets with different maturity and dynamics that complement each other. Our objective for 2009 consists in carrying on working in that direction, seeking for a sales geographic balance in order to face today's market possible hitches. »

ProFinance, driving Fimasys international success

ProFinance is an end to end solution for the management of financial services related to consumer credit as well as automotive and equipement financing . This suite is now deployed in 14 countries. Its main asset is to cover all front and back office operations, but also to offer a unique version fitting the needs of several markets and branches of a same group, already ‘localised’ and adapted to each country accounting and legal specific rules.

(*) : Fimasys had no deliveries in Eastern Europe for the year 2007.