Revenue for the Third Quarter of 2013

Chicago, IL, USA and Toulouse, France, October 31, 2013

Cameleon Software (ISIN: FR0000074247), the global leader in multi-channel, multi-device product configurator, quotes, proposals and eCommerce software, today announced its provisional revenue for the third quarter of 2013.

The provisional consolidated revenue for Q3 2013 stands at €2.85M, versus revenue of €2.07M for Q3 2012, representing a +38% rise over the period.

The revenue for the first 9 months of 2013 totals €8.98M, versus €7.24M for the same period of the previous fiscal year, representing +24% growth.

(€ Millions)

Q3 2013

Q3 2012

Software revenue

1.46

1.36

Services revenue

1.39

0.72

Total Q3 Revenue

2.85

2.07

(Provisional - unaudited)

(€ Millions)

Q1-Q3 2013

Q1-Q3 2012

Software revenue

4.96

5.26

Services revenue

4.02

1.99

Total 9-month Revenue  

8.98

7.24

(Provisional - unaudited)

Jacques Soumeillan, the President and CEO of Cameleon Software, explains that "This quarter is in keeping with the group's half-yearly performance. It confirms Cameleon Software's development momentum within the CPQ market. Alongside this trend the CPQ sector is currently being consolidated. As such, the friendly takeover bid by PROS for Cameleon Software will allow the combining of Cameleon's leading CPQ market solutions with the Big Data applications offered by PROS so as to build a single, end-to-end sales optimization solution designed to stimulate sales growth. We believe that this deal is a unique opportunity to reinforce our technological differentiators, quickly expand our sales and marketing capacity, safeguard our know-how and give our customers even more value".

Note that the company's provisional breakeven point for fiscal 2013 should be around €11.3M.

Press release of October 31, 2013

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