SOURCE: Day Software Holding AG

October 13, 2009 01:00 ET


BASEL, SWITZERLAND--(Marketwire - October 13, 2009) -

Global Demand for CQ5 Platform Accelerates with Major New Customer Wins

Basel, Switzerland and Newport Beach, Calif. - October 13, 2009 - Day Software (SWISS: DAYN) (OTCQX: DYIHY), a leading provider of content management and content infrastructure software, today announced its interim financial results for Q3 2009 with a 70% increase in license revenue over Q3 2008. Day's Q3 license growth led to a 37% increase in year-to-date license revenue over the corresponding period for 2008, up from 26% license revenue growth from Day's reported 1H 2009 financial results.

Day's Q3 license growth was driven by major new competitive wins and increased installed based investment in Day's CQ5 Web Content Management platform and new CQ5 Digital Asset Management (DAM) and Social Collaboration (SoCo) modules. Globally, Day saw continued strength across all major markets, with a resurgent U.K. operation under Day's newly installed team achieving record growth to become Day's second-largest market in Q3 after the United States (U.S.).

Eleven new customers joined the Day community in Q3. In North America, Day added Newsweek (U.S.), Ingersoll-Rand (U.S.), and Government of New Brunswick (Canada). In Europe, Day's new teams added WGSN (U.K.), Prenatal (Italy), and Esselunga (Italy). Also in Europe, Day saw new wins at both Fraunhofer (Germany) and Sympany (Switzerland).

Nine existing customers upgraded and expanded the use of CQ5. Major customer reinvestment in Day in Q3 included Clifford Chance and Audi in the U.K., La Banque Postale in France, and Land Transport Authority (LTA) in Singapore. In the U.S., Day also saw renewed investment by major customers Nissan, Williams-Sonoma and Intercontinental Hotel Group (IHG).

"I am pleased to see that market interest in CQ5's open, modular architecture and fun-of-use continues to drive customer traction across all major sales regions," says Erik Hansen, CEO of Day Software. "I am particularly pleased to see the strong contribution to growth from the U.K. and the early returns to our dedication and focused investment in building a strong U.K. operation."

Hansen concluded, "We continue to see a general trend towards migrating from legacy Web 1.0 systems to new, modern content management (CMS) platforms like CQ5. This was an excellent start to the second half of the year, and we see an improved outlook for our financial performance through the end of the year."

About Day -, @daysoftware

Day Software is the ECM pioneer that leading global enterprises rely on for their Web 2.0 content application and content infrastructure needs. Day's Content Repository Extreme (CRX) is the industry's leading Java Content Repository (JCR) that provides unique virtualization services to consolidate legacy repositories and unique cloud computing services to lower IT operational costs. Day's Communique CQ5 provides industry-leading Web Content Management, Digital Asset Management, and Social Collaboration in a single, unified suite and won the 2009 InfoWorld Technology of the Year Award for "Best Web CMS".

Day is an international company with headquarters in Basel, Switzerland and Newport Beach, California, traded since April 2000 on the SIX Swiss Exchange, and "Over the Counter" (OTC) as American Depositary Receipts (OTCQX: DYIHY). Day's customers are worldwide leading global enterprises, including: Volkswagen, Daimler, Nissan, Chanel, Allianz, Vodaphone, LaPoste, Time, Inc., University of Phoenix, and InterContinental Hotels.

For Further Information:

Peter Nachbur
Day Software AG
Barfuesserplatz 6
4001 Basel, Switzerland

T +41 61 226 98 98

Warning Regarding Forward-looking Statements

This press release may contain forward-looking statements about future events or the future development of Day Software Holding AG and its subsidiaries ("the Company"). Terms such as "expect," "assume," "intend," "believe," "want" and any variations of these terms or similar expressions are used to make forward-looking statements. These statements are subject to change, and Day cannot necessarily provide information about such changes. Of course, actual events or results can deviate significantly from the forward-looking statements. The company's share is not listed on any stock exchange in the US, and the company does not file any documents (e.g. 10-K and 10-Q) with the US Securities and Exchange Commission SEC under the Securities Exchange Act of 1934.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Day Software Interim Q3 Results:

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