Operating Results Upgrade Friday August 1, 2014

Hansen Technologies Limited (ASX: HSN) is pleased to announce an upgraded outlook to its operating results for the full year to 30 June 2014.

Andrew Hansen, CEO of Hansen Technologies said, "I am pleased to advise that our strong performance in the first half of this fiscal year has continued throughout  the second half resulting in record revenues and operating performance this year".

Hansen advises that the revised expectations for the operating results for the Fiscal year ended 30 June 2014 are:

  • Operating revenue of approximately $86 million, representing a 34% increase on the previous year,
  • EBITDA of approximately $24 million, a 52% increase on the previous year, 

This outlook is still subject to finalization and completion of the Audit process.

Further details regarding the company's performance for Fiscal 2014 will be provided with the formal release of the financial results, currently targeted for 26 August 2014.

About Hansen Technologies Limited

Hansen Technologies (ASX: HSN) is a global provider of customer care & billing, and meter data management software solutions for utilities (electricity, gas and water), Pay TV and telecommunications companies.

The Hansen family of products, which has grown since 1971, includes: HUB, ICC, NirvanaSoft, Peace, Banner and Utilisoft.  Hansen's unique approach to best-fit solutions leverages its proprietary product sets to develop, deliver, and support high-value solutions for clients in over 40 countries. In addition Hansen also offers outsourcing and facilities management services from purpose built facilities globally. Hansen has offices in Australia, USA, New Zealand, China, Argentina and the United Kingdom.

Hansen is recognized by the relevance of its technology and the people who support it. Our innovative solutions are constantly evolving alongside their respective industries to accommodate business, market and technology changes, and our experienced implementation team has an impeccable record of delivering solutions through flexible engagement approaches.www.hsntech.com.

Contact:

Grace Samodal

Global Marketing Director

+1.760.268.7299

grace.samodal@hsntech.com

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