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May 2007
At a glance
Bull: Revenue growth at constant structure for its first quarter 2007

Sustained momentum in Services and Solutions
Continuation of Maintenance recovery

Financial highlights of first quarter 2007, compared with 2006 recast for the sale of the Italian operations in December 2006.
Revenue of 247.1 million euros grew 2.4% year over year. Revenue from the service activities progressed by 17.7%, registering the eighth consecutive quarter of growth. Maintenance activities’ revenue grew by 3.8%, confirming the value of the actions initiated in 2006: the new worldwide organization and differentiating offers. The products revenue decreased by 7.9%. The reversal of this trend over the coming quarters is under control with an 8.3% growth in order intake in the first quarter, driven by a renewed offer and the development of integrated solutions.
With a 19% increased in order intake, the first quarter business activity was vigorous, particularly in the United States, where a $44 million contract was signed with the State of California; also in Latin America and in Germany where orders grew by 64% and 35% respectively.
Order intake was particularly strong, +28.5% in the service and solutions activity, confirming the trend seen in previous semesters. The strategy aiming to increase services as a proportion of overall Group revenues continues to be executed.

Bull opens an off-shoring services center in Morocco

Bull has announced the signature of an agreement with the Government of the Kingdom of Morocco under the terms of which Bull is to create a new service center dedicated to off-shoring at the Casashore off-shoring park.

The agreement was signed on 12 April with the Moroccan Government, in the presence of Didier Lamouche, Bull’s Chairman and Chief Executive Officer, who declared: “This service center will be dedicated to project management and integration in the telecommunications sector, as well as to e-government projects, these being the main business activities where Bull Morocco can capitalize on its recent success in becoming one of the market leaders in this country”.
In a market where offshore business activities are continuing to grow steadily, the Moroccan government has decided to make off-shoring – or the business of providing remote services – a strategic axis for developing the Moroccan economy over the course of the next few years. For its part, Bull’s presence over more than 50 years in Morocco, and its accumulated experience on major services-led projects, today makes Bull the strategic partner of choice for the Kingdom of Morocco, and one of the most appropriate partners to support the targets set by the government with respect to modernization.
With 200 new posts due to be created between now and 2009, and the new recruits joining 100 staff already in place, growth objectives for the service center are certainly ambitious, and aim to contribute to extending Bull’s range of products and services, and to its international development more widely.
This center will provide a central point for consolidating the Group’s know-how and for extending our frontiers internationally, particularly in the French-speaking markets,” added Didier Lamouche. “We are taking this step as part of Bull’s wider ongoing international expansion, having already opened services centers in Brazil, China, France and Poland”.

Integration of Bull´s e-biscus™ solution with SAP NetWeaver® opens new horizons to Customs worldwide

Bull announced that its e-biscus solution has achieved "Powered by SAP NetWeaver®" certification. By achieving this level of certification, Bull’s e-biscus is now integrated with SAP technology. The combination of Bull’s e-biscus with SAP NetWeaver provides a new comprehensive solution to address the entire scope of Customs administrations needs.
e-biscus is the comprehensive software solution designed by Bull for Customs authorities and Trade communities. It allows processing in real time all Customs declarations and complies with the guidelines of the World Customs Organization (WCO) such as the revised Kyoto Convention, the SAFE framework of standards and the EU regulations.
Bull’s expertise in customs management integrated into the e-biscus software suite combined with the SAP business process platform provides Customs authorities with an open, interoperable, reliable, and secure IT environment. Bull e-biscus combined with SAP NetWeaver delivers robust and standard-based business integration capabilities for growth on enterprise Service-Oriented Architecture (eSOA).
Bull also became a member of the SAP Industry Value Network initiative (IVN) for public sector. SAP Industry Value Networks bring together customers, partners and SAP to co-innovate and quickly develop solutions to solve industry-specific customer challenges.
We are delighted with the evolution of our collaboration with SAP” said Jean-François Betbeder, Bull Tax and Customs Solutions Director. “Driven by experience, powered by technology, this new solution running on SAP NetWeaver will enable Customs administrations to build and extend their IT environment to face their challenges such as globalization of exchanges, increasing e-services demand, and fast changing legal requirements. Bull, as a leading IT solution provider for Customs administrations worldwide trusts that this cooperation will open new horizons to Customs administrations”.

Long-term partnership with SAP

This latest certification further strengthens the 16-year partnership between Bull and SAP. A Global Technology Partner since 1991, Bull has well-established Centers of Excellence in France and in the German town of Walldorf, as well as specialist SAP teams in many countries worldwide. Bull supplies the hardware platforms (from its Escala and NovaScale servers ranges) for some of SAP’s largest customers in Europe.
When it comes to implementation of SAP applications, Bull operates throughout the entire ‘Design, Build, Operate’ value chain: from architecture definition, systems integration and implementation, to outsourcing services.

More information about e-biscus

Bull and Telemac Form Strategic Partnership in the Telco industry

Bull reinforces its presence in the telecommunications sector and integrates Telemac Prepaid Technology® in its mobile solutions
Bull and Telemac, the global leader in network-edge real-time accounting and billing technologies for the wireless industry have entered into a multi-year teaming agreement pursuant to which Bull will participate in marketing, managing and supporting implementations of Telemac Prepaid Technology in Europe, the Middle East and Africa. This strategic partnership will offer Bull’s clients access to Telemac’s innovative solution for pre-paid billing and also give Telemac’s licensees access to Bull’s full range of integration and support capabilities.
Telemac Prepaid Technology is Telemac’s patented state-of-the-art real-time service control platform for prepaid wireless services. It enables each wireless device to securely monitor the value of all voice and data calls, charge usage values against the customer’s credit balances in real-time, and bar calls when a customer reaches his or her credit limit, among other features. Unlike typical network-centric solutions, the intelligence to meter, rate, bill, settle and collect resides in Telemac’s patented IMA-Module® software within the wireless device or SIM.
Telemac Prepaid Technology has been used by 25 million customers receiving wireless services in Europe, the United States, Latin America and China. Telemac’s licensees include leading mobile

Evidian E-SSO software wins SC Mag’s 4-star rating

In its February 2007 issue, SC Magazine, the leading international security magazine, published the results of its tests of key products on the market for Identity & Access Management. Products were tested by an independent expert and rated on features, ease of use, performance, documentation, support and value for money.

A component of Evidian’s Identity and Access Management suite, Evidian E-SSO software won a global 4 star rating amid strong competition. The magazine particularly praised its range of features and performance. “Considering the scope of the identity management provided by the Evidian suite, it really covers the greatest number of options. The modular approach of the product allows the suite to be scaled for medium-sized enterprises” concluded the magazine.

SC Magazine is the largest information security magazine in the world and has been in print for over 15 years. Published monthly, it has a global circulation of over 100,000 and is read by many thousands more. SC Magazine is internationally recognized for its outstanding technical reviews and its comprehensive coverage of the information security marketplace.

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