Interim financial reporting for the fourth quarter of 2008
Highlights of the fourth quarter• Operating revenue grows by 4 % to NOK 125.5 million• EBIT (earnings before interest and tax) of NOK 0.4 million• Licence revenue grows by 69 % to NOK 23 million• Cash and cash equivalents of NOK 83 million• 471 employees, down from 502 in Q3/08 and 541 in Q4/07• Launch of the new ProArc suite integrated with Microsoft® Office System• Bouvet and Fujitsu signed as new partners• Offshoring facility established in Bangalore/IndiaGroup financialsSoftware Innovation had operating revenue of NOK 125.5 million in the fourth quarter of 2008,