PRESS RELEASE | CAMELEON SOFTWARE

For immediate release

Contacts

Cameleon Software - +33 (0)811 70 78 78
Thibault de Bouville, CFO           

 tdebouville@cameleon-software.com

Virginie Dupin, Marketing Director

vdupin@cameleon-software.com

A record half-year

208% growth in SaaS revenues and 72% growth in the software order book

Chicago, IL, USA and Toulouse, France, July 25, 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 first half of 2013.

19% revenue growth

Provisional consolidated revenue stands at ?6.13M for H1, up by +19% on the same period of the previous year.

Revenue amounted to ?3.57M in Q2 2013, vs. ?3.24M over the same period of the previous financial year, representing +10% growth. This is a very strong performance given the particularly buoyant Q2 2012, which already saw +41% growth vs. Q2 2011.

(? Millions) Q2 2013 Q2 2012
Software revenue 2.21 2.63
Services revenue 1.36 0.61
Total Revenue Q2 3.57 3.24
(Provisional - unaudited)
(? Millions) H1 2013 H1 2012
Software revenue 3.50 3.90
Services revenue 2.63 1.27
Total Revenue H1 6.13 5.17
(Provisional - unaudited)

208% growth in SaaS revenue

Cameleon Software had many commercial successes in the first half, in keeping with the excellent performance recorded in 2012. The company notably continued to roll out its Cameleon Cloud  offer with 208% growth in SaaS revenue over the first half. In particular, the company signed contracts with a global leader in the sale of telecoms solutions, with the building management division (security and technical and energy management) of a high-tech European conglomerate and with an air-conditioning equipment market leader, an international company belonging to a US group. A long-standing Group client also switched to SaaS mode for a total amount of more than ?1.5M of SaaS orders over the next five years.

72% growth in the software order book over the last twelve months

The rampup of the SaaS model has resulted in a sharp increase in the software order book (perpetual licenses and SaaS royalties excluding maintenance) to ?9.51M at June 30, 2013, vs. ?5.54M at June 30, 2012, representing growth of more than 72% over the year.

This SaaS sales momentum has boosted service revenues for the period.

Jacques Soumeillan, the Chairman and CEO of Cameleon Software, explains that: "This first half shows the soundness of the profitable growth model developed by Cameleon Software and is fully in line with the successes achieved over the past two years. New prestigious clients are reinforcing our installed base on the Cloud, including in Europe. This confirms that the Cameleon suite is well positioned and appropriate to our clients' sales efficiency needs. All of these factors make us confident about the growth and profit outlook for 2013. Every day Cameleon gains a little more ground on the extremely high growth CPQ (Configure Price Quote) market."

About Cameleon Software

Cameleon Software is the global leader in multichannel, multi-device product configurator, quotes, proposals and eCommerce software. Cameleon solutions empower customers' sales teams to streamline their quote-to-order process and increase sales across all channels, and marketing teams to define and launch new products faster. Cameleon's solutions integrate to leading CRM and ERP systems including salesforce.com, SAP, Oracle and Microsoft and are available as both SaaS and On Premises. Cameleon Software is a public company with strong references in industries such as insurance and financial services, telecom, hi-tech and manufacturing, including ADT/Tyco, Cable ONE, Sage, SFR, Technip and ThyssenKrupp.

For more information

www.cameleon-software.com:
http://www.cameleon-software.com/  |  www.salesforce.com/appexchange:
http://www.salesforce.com/appexchange

Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; adverse results in litigation; and changes in and a dependence on key personnel, as well as other factors. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Cameleon Software: 2013 H1 Revenue-A record half-year:
http://hugin.info/143401/R/1718937/571950.pdf


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HUG#1718937