Logismos S.A announced the financial results for the A' Semester 2003 according to which sales revenues are euro 1.653.000 showing a significant increase of 33% compared to the last year's corresponding Semester which was euro 1.239.000. The Earnings before interest, depreciation and taxes are euro 667.000 increased by 36% compared to last year's corresponding Semester which was euro 490.000. Finally the profits before taxes are euro 212.000, increased by 48% compared to last year's corresponding semester which were euro 143.000.

Since the beginning of the fiscal year Logismos realized significant investments regarding the development and production of new software products as well as to the improvement of the existing products based on market trends and demands.

Logismos S.A. is a Integrated Information Systems company located in Thessaloniki and is activated in two main IT Sectors:

Sector 1. Development and Production of Application Software having as a cornerstone product the Enterprise Resource Planning (Momentum-ERP). Momentum-ERP is installed to more than 100 enterprises in various sectors.

Sector 2. IT Projects Integration in which the company has already implemented a significant number of projects in Companies and Organizations.