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11. August 2011, Koblenz

CompuGroup Medical AG – Second Quarter Results 2011

Koblenz – August 11, 2011: CompuGroup Medical AG today presented the financial report for the second quarter of 2011. The company, one of the leading global providers of eHealth solutions, achieved revenue of EUR 87.8 million, an increase of 14 percent from EUR 76.7 million in the second quarter 2010. To further increase growth in the coming period, CGM entered the market for pharmacy information systems in June by acquiring LAUER-FISCHER GmbH, one of the market leaders in Germany.

The reported second quarter operating profit includes special one-off transaction costs from the LAUER-FISCHER acquisition and restructuring costs in the US. Without these special effects, the adjusted second quarter EBITDA was EUR 18.2 million (reported: EUR 10.4 million), up from EUR 15.8 million in the same period last year. The adjusted second quarter operating margin is stable year-over-year at 21 percent.

Frank Gotthardt, Chairman of the Board of CompuGroup Medical AG, stated: “We have just completed six months with special circumstances and extraordinary effects compared to what is normal for our business. Through prudent cost measures and discipline we continue to deliver reasonable results in a challenging first half of 2011. With the consolidation and restructuring now completed in the US we have created the basis for a strong, profitable and growing business in this market and with the additional power of our new colleagues in LAUER-FISCHER we are ready for stronger growth and a more profitable second half of the year.”

Including all effects from the acquisition of LAUER-FISCHER, CompuGroup Medical adjusts the 2011 guidance with group revenue to be in the range of EUR 400 million to EUR 410 million and group operating income (EBITDA) is expected to be in the range of EUR 75 million to EUR 81 million.

Conference Call for Journalists, Investors and Analysts:
The management board of CompuGroup Medical AG will go through the Q2 results at a conference for analysts and investors today at 15:00 hours CEST. The conference will be broadcast live via telephone (see the following list of telephone numbers). Its recording can be replayed later.

You can participate in this conference call by dialing one of the following phone numbers:

+ 49 69 2 10 86 97 03 (Germany)
+ 44 16 16 01 89 02 (UK)
+ 1 21 53 05 44 95 (USA)
Participant code: 18561270

At the beginning of the conference call, a presentation will be made available for download on the CompuGroup Medical website at www.cgm.com. The presentation can be viewed live at https://compugroup.webex.com.

About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its software products are designed to support all medical and organizational activities in doctors’ offices and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical’s services are based on a unique customer base of over 385,000 doctors, dentists, hospitals, pharmacies and networks as well as other service providers. With locations in 20 countries and customers in 34 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3600 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.

Contact for media representatives:
CompuGroup Medical AG
Barbara Müller

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