SYSTRAN : SYSTRAN :First Quarter 2013 Revenue Release

            SYSTRAN : SYSTRAN :First Quarter 2013 Revenue Release                        First Quarter 2013 Revenue Release  May 3, 2013 - SYSTRAN today  announced its consolidated financial results  for  the first quarter ended March 31, 2013.  Consolidated Data       2013    In %   2012    In %   Annual change (in thousands of Euros)       of total       of total   2013/2012 Software Publishing     1,025  45.7 %  1,274  49.9 %     -19.5 % Professional Services   1,219  54.3 %  1,280  50.1 %     -4.8 % Consolidated Sales      2,244 100.0 %  2,554 100.0 %     -12.1 %    First Quarter 2013 Activities  During the first quarter, SYSTRAN sales amounted to 2,244 K€ as compared  with  2,554 K€ for the first quarter of 2012, a 12.1% decrease.  License sales amounted to  1,025 K€ as  compared with 1,274  K€ for the  first  quarter 2012 and represent  45.7% of total sales.  Sales for the  Professional  Services business unit amounted to 1,219  K€ as compared with 1,280 K€  for  the first quarter 2012.  2013 Outlook  In 2013 SYSTRAN  plans to  expand the  sales team  to develop  revenue in  all  business segments.  SYSTRAN  will  also  launch new  versions  of  its  server  solutions and cloud services for corporate customers.  Dispute with the European Commission  On April 18, 2013, the European Court of Justice has set aside the judgment of the European General Court ordering the  European Commission to pay SYSTRAN  a  lump-sum amount  of  €12  million  as compensation  for  the  material  damage  sustained by it.  The European Court of Justice has declared that "the General Court should have declined jurisdiction  and  invited the  parties  to refer  to  the  competent  national courts, designated  by the various  contracts concerning the  SYSTRAN  machine translation system,  concluded by SYSTRAN  and the Commission"  (Press  release dated April 18, 2013 from the Court of Justice of the European Union).  Furthermore, the European  Court of Justice  has given final  judgment on  the  dispute and has declared and judged:  1.The judgement of the European General Court dated December 16, 2010 in the     case T-19/07 (SYSTRAN S.A. and SYSTRAN Luxembourg / Commission) is     annulled. 2.The action for damages of SYSTRAN SA and SYSTRAN Luxembourg is dismissed. 3.SYSTRAN S.A. and SYSTRAN Luxembourg will have to pay the cost incurred by     the European Commission before the European Court of Justice and also     before the European General Court.  SYSTRAN will  reimburse 12  million  Euros to  the European  Commission.  This  amount was kept by the company and this refund will not endanger the company.  About SYSTRAN  SYSTRAN is  the  market historic  provider  of language  translation  software  products and solutions for the desktop, enterprise and Internet.  Use of SYSTRAN products and  solutions enhance multilingual communication  and  increase user productivity. SYSTRAN delivers real-time language solutions  for  search, content management,  online customer support,  intra or inter  company  collaboration, and eCommerce.  With the ability to facilitate communication in 52+ language combinations  and  in 20 vertical  domains, SYSTRAN's software  is the choice  of leading  global  corporations, portals and public agencies.  SYSTRAN has  been pioneering  advances in  machine translation  for over  four  decades.  Its   latest   achievement,   SYSTRAN  Hybrid   MT,   combines   the  predictability and language consistency of rule-based machine translation with the fluency of statistical MT.  SYSTRAN is headquartered in Paris, France with a North American office located in San Diego, California, USA.  SYSTRAN (Code  ISIN FR0004109197,  Bloomberg: SYST  NM, Reuters:  SYTN.LN)  is  listed on EuroNext Paris, Compartiment C.  For more information, visit  Contact  Dimitris SABATAKAKIS, Chairman & CEO Telephone: +33 (0)1 44 82 49 00 Fax: +33 (0)1 44 82 49 01 Email:  Results for the first semester of 2013 will be announced on August 2, 2013.  This Press Release is available for download at: /systran/investors/press-releases  SYSTRAN First quarter 2013 revenue release  ------------------------------------------------------------------------------  This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.  The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.  Source: SYSTRAN via Thomson Reuters ONE HUG#1697918  
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