In the first three quarters of 2013, Asseco Group generated nearly PLN 4.2 billion in sales revenues, achieving a 5% increase as compared with the corresponding period last year. Operating profit reached PLN 483 million, while net profit attributable to shareholders of the parent company amounted to PLN 262 million. The backlog of orders totals PLN 5.5 billion and is 5% higher than in the comparable period of 2012. Revenues from our proprietary IT solutions are also at record-breaking levels. In the first nine months of 2013, such revenues reached almost PLN 3.3 billion, improving by 7% year on year.During the analyzed period Asseco has signed 3,326 new contracts, confirming good diversification of its operations. Over 70% of our revenues come from recurring projects, ensuring a great deal of stability for Asseco’s business. In the third quarter of 2013, Asseco Poland signed long-term contracts with its existing clients. Under a 3-year framework agreement with Orange Poland, Asseco has become the telecom operator’s partner responsible for the area of BBS (Business Support Systems) as well as for outsourcing of the fixed-line telephony billing system. During the past quarter we have also managed to strengthen our position in the healthcare sector. Asseco Poland concluded a contract with the Marshal’s Office of Subcarpathian Province for implementation of the Subcarpathian Medical Information System. The agreement includes the computerization of eight local hospitals and the launch of a wide range of e health services for residents of the region. In the energy sector, Asseco Poland has successfully completed a project that involved centralization of mass customer billing systems at Tauron Customer Service, by implementing one of its proprietary Asseco Utility Management Solutions. Whereas, in October and November we signed two four-year framework agreements with the Polish Social Insurance Institution (ZUS) – the first for maintenance, and the second for development of the institution’s Comprehensive Information System.The development of Asseco is possible thanks to the increasing sales of our proprietary software solutions. In the first nine months of 2013, such revenues reached nearly PLN 3.23 billion, accounting for 78% of our total sales. We continue to invest money in the research and development of Asseco’s key products.In the third quarter of 2013, Asseco Poland acquired a 70% stake in the Russian company R-Style Softlab, a producer of software for the sector of banking and finance. This company has approximately 400 active clients. It is specialized in three key areas: online banking and customer service systems, data warehouses and business intelligence systems, as well as core banking systems. Our acquisition plans for the remaining months of this year anticipate continued focus on emerging markets.

Asseco Poland has signed an agreement with the Social Insurance Institution (ZUS) for operational support and maintenance of their Comprehensive Information System. The contract worth PLN 595.8 million gross will be implemented over a period of 4 years.According to the agreement, Asseco will provide maintenance services on software applications and IT management tools. ZUS will also benefit from the support of IT management processes and management of its corporate IT architecture. In addition, Asseco will act as an integrator of the Comprehensive Information System used by ZUS.Furthermore, the agreement provides for maintenance services, including handling of any incidents and elimination of any malfunctions of the Comprehensive Information System, as well as additional services resulting from the development of ZUS’s Comprehensive Information System that shall be performed under separate assignments.

Mazovia Development Agency has signed agreements with companies forming a consortium that will carry out the project of Internet for Mazovia. The project is worth PLN 458 million (gross).The leader of the consortium is KT Corporation, a Korean telecom operator. Furthermore, the consortium comprises the companies of Daewoo International Corporation, Asseco Poland, Warszawskie Przedsiębiorstwo Robót Telekomunikacyjnych, Biatel Telekomunikacja, BIT, and KBTO. The broadband network, including 3.7 thousand kilometers of fibre-optic cables, will be constructed in the model of public-private partnership till the end of October 2015.Asseco Poland is responsible for the installation of active networking equipment as well as for the implementation of software to support such devices. The company will also provide maintenance services for the supplied infrastructure over a period of five years. In addition, Asseco Poland will deliver, install and configure the Network Passporting System. The work assigned to Asseco is worth nearly PLN 60 million (gross).

Subcarpathian Province aims to provide its population with the most advanced technologies to ensure remote access to medical services. Software solutions to be implemented under the project will also enable more rational management of resources available to Subcarpathian hospitals.The project will be executed by Asseco in partnership with eight provincial hospitals. They will be equipped with computer hardware, network infrastructure, as well as diagnostic and radiological equipment. In addition, they will benefit from the implementation of Asseco’s comprehensive IT suite called the Asseco Medical Management Solutions (AMMS).An integral part of the project is the Regional Medical Information Center which will be constructed entirely (hardware plus software) by Asseco Poland. Using the company’s proprietary solutions, doctors and patients will gain access to information and medical services in real time. It will be possible to check the availability of specialists in health centers online as well as to register for a visit over the Internet. The system will ensure access to patient medical records, enable ordering of medical procedures among hospitals according to their availability, as well as provide information on the availability of beds or health specialists at hospitals, which is so important for emergency medical services.Along with the platform supporting online supervision through instant access to financial, medical and property reports, all of the above-mentioned e-services will form a countrywide unique solution –
no other province has so far implemented such a comprehensive range of electronic services in healthcare.

Asseco’s Cracow-based IT center has been moved from an old house at Podwale St. to a modern office building at Wielicka St. It is a workplace for 130 software developers, who implement projects for companies in the telecommunications, banking and insurance sectors.“Among us are co-developers of one of the most advanced mobile operator billing systems, co-authors of e-commerce portals for two of the three leading mobile operators, developers of low-level SMS/MMS processing platforms that support the largest media events in Poland,” says Radosław Semkło, Director of the Telecommunications and Media Division at Asseco Poland.The new location of Asseco in Cracow is a modern class A office building, equipped with soundproof windows, air conditioning, and a parking lot. Our project teams work in rooms of several people. In addition, this location offers a set of video and teleconferencing rooms, allowing for the efficient organization of meetings with people from other offices.“We have intentionally resigned from an open-space approach, because our experience shows that comfortable working conditions positively affect the creativity and productivity. Thanks to our excellent network infrastructure it is also possible to work securely on a remote basis,” emphasizes Radosław Semkło.The Cracow branch of Asseco’s Telecommunications and Media Division employs nearly 100 engineers, including analysts, architects, software developers and administrators. Most of them have many years of experience in developing Business Support Systems for telecom operators and media companies. By the end of the year they will be joined by colleagues working in a different location of Asseco, Zabierzów near Cracow, who are specialized in the field of Business Intelligence.Asseco continually recruits people to IT-related occupations. We need software developers: programmers, architects, testers and designers (especially those specialized in C++, WebMethods, and PeopleSoft technologies) but this is not all. Many job offers are addressed to system administrators, database administrators, as well as those specializing in the implementation of software solutions, including analysts, implementation engineers, and project managers.“Concurrently to concluding new contracts, we continue to execute our implementation and maintenance projects for telecommunication operators and media companies. We are looking for engineers – software developers, architects, testers – those who are experienced, but also those who are just building their know-how. Over the coming year we intend to employ an additional 150 persons in our Telco Division, some of them will be based in Cracow,” adds Radosław Semkło.Asseco Poland is the largest employer in the Polish IT sector. The company employs nearly 4,500 people, most of whom are professionals with expertise in IT technologies, software development and implementation methods, as well as with business experience and knowledge of key industries. The company focuses on long-term cooperation. Being one of the leading software houses in Europe and a contractor for the largest IT projects in Poland, Asseco provides unique opportunities to enhance professional skills and take on new challenges. The company is a valued employer which many employees choose to be associated with for a long time – the average period of work at Asseco is now 8 years. Benefits offered by Asseco to its employees include training courses, healthcare and insurance coverage, and sporting activities, just to mention a few.Asseco is a provider of comprehensive proprietary solutions that are capable of handling multi-million customer databases and have been customized to meet the specific needs of telecommunication companies. Asseco solutions have been present in this sector for over 20 years, which resulted in many strategic partnerships with major European telecoms that appreciate our in-depth industry expertise as well as flexibility of our solutions. Our product portfolio includes billing systems, fraud detection systems, sales and CRM applications, portal applications, data warehouses, BI tools, and many more. Asseco provides converged solutions that enable the issuance of one invoice per household. Our software solutions are used by both mobile and fixed-line telephony operators.Asseco Group operates in nearly 40 countries and employs more than 16,000 employees. The company is one of the major software producers in the European market – from 2009 till today it has ranked in the first ten of the “TOP100 European Software Vendors” (http://www.truffle100.com). In 2010, Asseco Group launched its business operations in Israel by acquiring the largest IT company in that country. Whereas, in 2013 we entered the Russian market. The company’s further international expansion plans include Africa.

In the first two quarters of 2013, Asseco Group generated nearly PLN 2.8 billion in sales revenues, achieving a 4% increase as compared with the corresponding period last year. Operating profit reached PLN 328 million, while net profit attributable to shareholders of the parent company amounted to PLN 180 million. The backlog of orders totals PLN 5.2 billion and is 6% higher than in the comparable period of 2012. During the first six months of the year the Group signed almost 2,200 contracts, confirming good diversification of its business.Asseco consistently pursues its strategy focusing on both organic growth and further company acquisitions. Asseco Poland along with its subsidiaries carry on working with our major clients and are very active in gaining new contracts. The development of Asseco is possible thanks to the increasing sales of our proprietary software solutions. In the first half of 2013, such revenues reached nearly PLN 2.2 billion, accounting for 78% of our total sales. We continue to invest money in the research and development of Asseco’s key products.Having devoted several years to analyzing the markets of Russia and Commonwealth of Independent States, Asseco Poland has launched its business operations in Russia and Georgia. In 2013 the Group has been joined by the Russian company R-Style Softlab, a leading supplier of proprietary banking solutions, as well as by the Georgian Onyx Consulting (presently Asseco Georgia), a provider of consulting and implementation services for the sectors of banking, insurance and public administration. Our acquisition plans for the remaining months of this year anticipate continued focus on emerging markets.