Emailvision: Strong Global Demand Leads to 40% Growth in S1 08


PARIS, September 16 /PRNewswire/ --

- Emailvision, the Technology and Market Leader for << on Demand >> 
e-Mail Marketing Software, Presents its 1st Half 2008 Results

In Million Euros                    1st Half    1st half   Growth %
                                          2008        2007
 
    Backlog as of 30th June, 2008        21.19       10.81      + 96%
    Revenues                             10.15        7.23      + 40%
    Gross Margin Rate                       68%         67%
    EBIT                                  1.03        0.25       4.2 x
    EBIT Rate                             10.1%        3.4%
    Net Income                            0.59        0.06      10.4 x



The first half of 2008 showed 40% revenue growth reaching
10.15 MEUR and a backlog of 21.19 MEUR representing 96% growth versus the
same period last year.

Gross margins continued to grow and reached 68% of revenues.

EBIT grew to 1.03 MEUR, representing 10.1% of revenues versus
3.4% for the first half of 2007.

Net income increased from break-even in the first half of 2007
to 0.59 MEUR in the first half of 2008.

The improvement in profit margins resulted from a relatively
fixed technology cost structure and strong growth in software subscription
revenues. Emailvision continues to leverage the gross margins from this
business model to invest in its sales and market share growth strategy.

During the first six months of 2008, Emailvision hired 7 new
sales hunters taking the sales team up to 36 by the end of June 2008.
Emailvision also invested 473 KEUR in R&D and 615 KEUR in marketing during
the first half 2008.

Personnel expenses increased by 1.27 MEUR and decreased
slightly as a percentage of revenues (47.2% versus 48.6% in the first half of
2007).

2008 Outlook: Continued investment in market share growth within a
growing global market for e-mail market software services.

In 2008, Emailvision intends to pursue its strategy of
increasing investments in sales, marketing and R&D to ensure long term global
market share growth and leadership.

The version 7 of the Campaign CommanderTM software service
will be released in November 2008. Highly innovative, both in terms of new
features and performance, this release will place Emailvision at the
forefront of "best of breed" e-mail marketing applications.

International expansion will remain a priority. Beyond its
four historic markets (UK, France, Germany and Belgium), Emailvision has
recently launched operations in Switzerland, the Netherlands and the United
States. The Group also plans to launch operations in Spain during the second
half of 2008.

These initiatives should contribute to revenue growth in 2008
and to profits starting 2009.

Next Financial Announcement:
      3rd quarter 2008 Sales on 20th October 2008 after market close

        Emailvision is listed on the Euronext Paris Alternext Market
                 - ISIN Code: FR0004168045 / MNEMO: ALEMV



About Emailvision (http://www.emailvision.com)

Emailvision is a global market and technology leader in
on-demand software for e-mail marketing automation. The Emailvision flagship
product, Campaign Commander, has become the benchmark software service for
the E-commerce and publishing industries. With a staff of over 130 and
offices in the major global markets including The USA, UK, France, Germany,
Switzerland and Benelux, Emailvision is driving a market share growth
strategy in a high growth market.

Contacts:
    
    Emailvision,
    Nick Heys, CEO,
    Olivier Candau, CFO,
    Tel.: +33-1-41-27-27-17,
    investor-relations@emailvision.com



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