SOURCE: GENESYS

December 18, 2007 01:03 ET

GENESYS Conferencing Increases 2007 Revenue and EBITDA Targets

MONTPELLIER, FRANCE--(Marketwire - December 18, 2007) - Genesys Conferencing

(Euronext Eurolist: FR0004270270), a global multimedia collaboration service leader, today announced increased targets for full-year 2007 revenue and EBITDA1, before stock based compensation. All company results are reported under International Financial Reporting Standards (IFRS).

Outlook

The following contains forward-looking information regarding Genesys Conferencing's financial outlook, based on current expectations and on the current value of the U.S. dollar to the euro. Actual results may differ materially and the company may not update any forward-looking statements made in this press release.

Based on better than expected revenue trends during the fourth quarter of 2007 as well as stable operating costs, the company has increased its 2007 revenue and EBITDA targets.

For the full-year 2007, the company increased its revenue target from a previous range of 145 million euros to 146 million euros to a new target range of 147 million euros to 148 million euros. Further, the company increased its EBITDA target, before stock based compensation, from a previous range of 25 million euros to 26 million euros to a new target range of 27 million euros to 29 million euros.

Further, the company expects its net cash2 to be approximately 12 million euros as of December 31, 2007. It also notes that after making its scheduled October 31, 2007, principal repayment, total company borrowings were approximately 18 million euros. Accordingly, the company's expected net debt position at December 31, 2007 will be approximately 6 million euros. As a result of its improved cash flow, the company expects to pre-pay at least 2.5 million to 5.0 million dollars of the remaining principal under its existing bank credit facility on or prior to April 30, 2008, the date of the company's next scheduled interest payment.

Fourth Quarter 2007 Revenue Results & 2008 Targets

The company will be reporting is fourth quarter 2007 revenue results during early-February 2008.

At this time, the company will also provide 2008 targets for revenue and EBITDA.

___________________

1. The company believes that EBITDA is meaningful measure of performance, because it presents the company's results of operations without the non-cash impact of depreciation and amortization. EBITDA is reported excluding stock-based compensation expense.

2. Cash includes cash and cash equivalents less bank overdrafts

Targets

Targets may not be considered as forecasts. Net income may not be estimated on the basis of the above mentioned EBITDA and on the basis of non-cash expenses previously recorded.

Impact of Exchange Rates

The company serves large enterprises on a worldwide basis. As a result, it has extensive international operations and, thus, significant exposure to exchange rate fluctuations, in particular those of the U.S. dollar. In 2006, and 2007, the U.S. dollar has fluctuated compared to the euro. As a result, the comparability of the company's revenues and results of operations expressed in euros were affected.

DisclaimerThis press release may contain some statements that constitute forward-looking statements. Forward-looking statements are statements other than historical information or statements of current condition. They may appear in a number of places in this press release and include statements concerning Genesys Conferencing's intent, belief or current expectations regarding future events and trends affecting Genesys Conferencing's financial condition or results of operations. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statements as a result of various factors. Some of these factors are described in paragraph 4.5 of the Document de Référence, filed with the Autorité des marchés financiers under number D.07-551 on June 5, 2007. Although Genesys Conferencing's management believe that their expectations are reasonable based on information currently available to them, they cannot assure you that the expectations will prove to have been correct. Accordingly, you should not place undue reliance on these statements. In any event, these statements speak only as of the date of this press release. Except to the extent required by law, Genesys Conferencing undertakes no obligation to revise or update any of them to reflect events or circumstances after the date of this press release, or to reflect new information or the occurrence of unanticipated events.

Genesys Conferencing—Connecting the World for 20 Years

Founded in 1986, Genesys Conferencing is a leading provider of converged collaboration and communication services to thousands of organisations worldwide, including more than 250 of the Fortune Global 500. The company's flagship product, Genesys Meeting Center, provides an integrated multimedia conferencing solution that is easy to use and available on demand. With offices in more than 20 countries across North America, Europe and Asia Pacific, the company offers an unmatched global presence and strong local support. Genesys Conferencing is publicly traded on Euronext Eurolist C in France (FR0004270270). Additional information is available at www.genesys.com.

At Genesys Conferencing

Andrew G. Lazarus

Executive Vice President, Chief Financial Officer

Phone: +1 703-749-2500

andrew.lazarus@genesys.com

Investor Relations

Phone: + 33 4 99 13 25 87

relations.investisseurs@genesys.com

This information is provided by HUGIN

Contact Information