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June 2007

Transformation and renewal

D Lamouche

We have just had the pleasure of bringing together many of our major international customers in Barcelona, and getting positive feedback from them about Bull’s renewal. The seminar – with its theme of ‘Through the Open door, a new path to business growth and innovation’ – clearly demonstrated Bull’s dynamism and ability to master the key technologies for high-performance, open and secure information systems.

As ‘Architect of an Open World’, the value proposition of Bull is to liberate information systems and reduce their complexity. This is our manifesto, our signature, our territory… A strategy we are delivering with increasing speed:
We have focused our energies and our creativity on our major strategic avenues for growth with our 7i program, under the slogan ‘Liberate IT ’. Combined with an inventive, youthful and modern communication campaign, this program is designed to help public and private sector organizations alike reap the full benefits of the open world. We have already launched two initiatives: the first one is designed to speed up application developments to help align information systems with business processes, and the second aims to democratize High-Performance Computing (HPC) in order to accelerate innovation.
We are continuing Bull’s transformation with the acquisition of Spanish IT services company Siconet, a move that will strengthen the growth potential of our subsidiary in this country, as well as the acquisition by GFI Informatique of our Portuguese subsidiary – whose activities were no longer in line with the Group’s strategic priorities.
We are recruiting experts notably in services and telecommunications to support and further energize our growth. The campaign’s theme is ‘Look no further: Bull is hiring now!’ and we are aiming to reach recent graduates as well as experienced professionals, in order to fill 1,000 positions this year, 400 of them in France. Today, more than 20% of the Group’s staff has been with us for less than two years.

Bull in 2007? A group at the heart of major technological and social changes, helping to bring together networks for innovation, and more than ever at the service of its customers.

Didier Lamouche
Chairman and Chief Executive Officer



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