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 Monday December 3 2001
Aino axes around 100 jobs
Aino announced before trading on Monday that it wants to request mass redundancy for about 100 employees. The measure will have a positive effect on operating profit in the short term. Aino employs over 1,000 people, of whom two-thirds have permanent contracts. The mass redundancy will reduce the number of permanent staff by 16%. The reorganisation is expected to be completed in April 2002.

Friday November 16 2001
Net loss Aino for first three quarters 2001
Aino N.V. (Aino) announced that the net loss for the first three quarters increased to EUR 2,5 mln (30/6: EUR 0,98 million net loss). As a consequence of the seasonal reduction of turnover and due to a strong decline of the IT market, third quarter revenues sharply decreased. As October results showed insufficient improvement and as some customer projects have been postponed, Aino expects the net loss over the year to further increase, however, less substantial than in the third quarter.

Tuesday August 28 2001
Net loss Aino H1 2001 EUR 0.98 mln
Aino N.V. on Tuesday announced its results for the first half of 2001. Turnover declined by 6% to EUR 38.3 mln, compared to EUR 40.9 mln (adjusted for divestments in Cypres ERP and Falanx) in the same period of 2000. The comparable gross margin fell from EUR 11.2 mln to EUR 9.7 mln. The result from ordinary operations was slightly negative: EUR 0.25 mln.

Tuesday June 5 2001
Pressure on development of results Aino
Transformation process in hesitant market puts pressure on development of results Aino The first part of the transformation process that Aino N.V. ("Aino") established at the end of last year, with the aim of turning Aino into a solution-oriented ICT service provider within eighteen months, has been completed satisfactory.

Thursday May 17 2001
Changes in management board of Aino
Aino announces that the Supervisory Board has decided to propose to the shareholders at the Annual General Meeting to terminate the professional relationship with Mr. R.C.J. (Rob) van den Berg, member of the Management Board. The Supervisory Board has come to this decision on the basis of a difference of opinion concerning the strategy of the company.

Monday September 11 2000
Aino H1 net profit down 36%
Aino reported on Monday net profit for the first-half of 2000 fell 36% to EUR 2.3 mln, compared with pro forma net profit of EUR 3.6 mln the company booked in the comparible period of 1999. Turnover increased 3% from EUR 42.4 mln to EUR 43.6 mln. Operating income dropped by 29% from EUR 5.2 mln to EUR 3.7 mln.

Friday August 4 2000
Aino issues profit warning
Aino chief Ronald de Buck said on Friday that the company would not make a profit in 2000. Aino earlier forecast turnover and operating growth of 20%. A disappointing second and current third quarter had affected the company, De Buck said. Shares in the company tumbled by 14% on the Amsterdam stock exchange to close at EUR 12.75 on Friday following the profit warning.

Tuesday April 25 2000
Avalix, Astra in merger
Avalix and Astra Informatica announced on Tuesday that the two companies intend to merge into a new company named Aino through a share swap. The companies said that market circumstances were the main reason for the move. Avalix chairman Rene Vos said that managers formulate very abstract strategies for e-commerce projects without paying attention to the technical feasibility of such projects.

Tuesday March 7 2000
Avalix to support and manage KLM Cargo logistics
Avalix said on Tuesday that it has closed a deal on February 10 with KLM Cargo subsidiary Air Logistics to support and manage the logistics system of Air Logistics from its service centre in Veenendaal. The system tracks packages shipped by KLM Cardo. Financial details of the deal were not disclosed.

Monday March 6 2000
Astra Informatica net profit up 12%
Astra Informatica reported on Monday net profit for 1999 increased 12% to NLG 4.7 mln, compared with net profit of NLG 4.2 mln the company booked in the comparible period of 1998. Turnover increased 16% from NLG 39.9 mln to NLG 46.1 mln. Turnover growth was largely autonomous, with last year's acquisitions (Delft Support and Smart Automatiseringsgroep) accouning for 5% of the increase.

Tuesday February 29 2000
Avalix Groep net profit up 13%
Avalix Groep reported on Tuesday net profit for 1999 increased 13% to NLG 10.6 mln, compared with net profit of NLG 9.4 mln the company booked in the comparible period of 1998. Turnover increased 22% from NLG 119.7 mln to NLG 145.7 mln. Operating income increased 3% from NLG 14.1 mln to NLG 14.5 mln.

Tuesday January 18 2000
Avalix sells units through management buyouts
Avalix announced on Tuesday that it has sold its subsidiaries Datapool Plus and Avalix Business Solutions through management buyouts. Avalix said that the divestment is part of its strategy to further expand its e-commerce activities. Avalix also intends to divest two other subsidiaries, namely Falanx and the non-IT activities of Multi-systems Engineering. Financial details were not provided.

Monday January 3 2000
Astra finalises DCS acquisition
Astra Informatica Group announced on Monday that it has completed the acquisition of Delft Computer Support (DCS). DCS will operate under its own label within Astra Informatica Groep and will focus on infrastructure management and application services. DCS has a staff of 70 employees and a turnover of NLG 7 mln. In 1999 DCS expects to realise a profit on ordinary activities before tax of NLG 1.7 mln. Financial details of the acquisition were not disclosed.

Wednesday December 29 1999
Astra changes management structure
Astra announced on Wednesday that it has decided to reorganise its management structure. As of January 1st 2000, the Supervisory Board will appoint Ronald de Buck, currently spokesman for the company and in charge of Sales and Marketing, to the post of Chairman of the Board of Directors. The current Managing Director Peter van Basten will hand over his tasks on that date. Astra said that the management changes are in line with its earlier announced strategy.

Monday November 15 1999
Avalix issues profit warning
Avalix Groep issued a profit warning on Monday, stating that it expects net profit growth of minimal 10% for full year 1999. Earlier the company expected net profit growth of 30% for full year 1999. The company expects net profit growth of 20% for the year 2000. The company blamed problems with hiring staff and that its customers postpone investments until the other side of the year 2000.

Friday October 22 1999
Astra acquires 49% stake in IT company
Astra Informatica announced on Friday it has acquired a 49% stake in The Hague-based IT company Smart Automatiseringsgroup. Astra said it has an option on a controlling interest in the company in the future. Astra said that the participation will immediately contribute to its profits. Smart Automatiseringsgroup is active in the field of IT infrastructure management for (semi-) governmental organisations and financial institutions.

Thursday September 9 1999
Avalix Groep H1 net profit up 32%
Avalix Groep reported on Thursday net profit for the first-half of 1999 increased 32% to NLG 5.8 mln, compared with net profit of NLG 4.4 mln the company booked in the comparible period of 1998. Turnover increased 32% from NLG 54.6 mln to NLG 71.9 mln. Operating income increased 18% from NLG 6.7 mln to NLG 7.9 mln. Earnings per share for the first-half of 1999 increased 7% to NLG 0.47, compared with earnings per share of NLG 0.44 for the first-half of 1998.

Thursday August 26 1999
Astra H1 net profit up 10%
Astra Informatica reported on Thursday net profit for the first-half of 1999 increased 10% to NLG 2.22 mln, compared with net profit of NLG 1.98 mln the company booked in the comparible period of 1998. Turnover increased 10% from NLG 19.6 mln to NLG 21.6 mln. Astra said the growth of both profit and turnover was mostly independent of acquisitions.

Friday July 2 1999
Astra acquires secondment activities
Astra Informatica announced on Friday that it is taking over the secondment operations from Micro US Nederland and Sontra Systems, which are specifically aimed at knowledge of DataFlex and Visual products. The transaction will become effective immediatly and Astra will pay for the acquisition in cash. Financial details were not disclosed.

Thursday March 11 1999
Astra Informatica net profit up 38%
Astra Informatica reported on Thursday net profit for 1998 increased 38% to NLG 4.2 mln, compared with net profit of NLG 3.1 mln the company booked in the comparible period of 1997. Turnover increased 14% from NLG 34.9 mln to NLG 39.9 mln. The company expects turnover from normal operations to increase by 8% in 1999.

Avalix Groep net profit up 77%
In the preliminary figures, Avalix Groep reported on Thursday net profit for 1998 increased 77% to NLG 9.4 mln, compared with net profit of NLG 5.3 mln the company booked in the comparible period of 1997. Turnover increased 52% from NLG 78.9 mln to NLG 119.7 mln. Operating income increased 58% from NLG 8.9 mln to NLG 14.1 mln. Earnings per share for 1998 increased 72% to NLG 0.91, compared with earnings per share of NLG 0.53 for 1997.

Avalix acquires three firms
Avalix announced on Thursday it has taken over three IT companies with a combined turnover of NLG 11.3 mln. The three companies are Save, The Experts and Gooiconsult Informatisering. Save and Experts booked net profit of NLG 700,000 and NLG 600,000 respectively last year, while Gooiconsult broke even. Avalix said further acquisitions are being planned.

Tuesday January 26 1999
Astra opens new regional office
Astra Informatica is to open a new regional office in Apeldoorn in the first quarter of this year. Astra said the move would improve services to customers.

Tuesday December 1 1998
Avalix to float after all
Information technology service provider Avalix Group of Houten aims to raise up to NLG 75 mln with its launch on the Amsterdam stock exchange. The company was planning to float in October, but lead manager ABN Amro Rothschild advised it against the move. However, recently improved market conditions have persuaded Avalix to go ahead with the bourse launch. Subscriptions open on Wednesday, December 2 and is expected to close on Wednesday, December 9.

Wednesday October 28 1998
Avalix may delay IPO
Software company Avalix said on Wednesday that it may postpone its planned launch on the Amsterdam stock exchange. The IPO was planned before the end of the year. Avalix director Rene Vos does not agree with its advisors and the ABN Amro bank which is lead managing the launch to wait. He said that a decision has to be taken within a month.

Wednesday August 19 1998
Astra subscriptions open
Computer company Astra is to be listed on the Amsterdam bourse on September 2. Subscriptions for 3.2 million Astra shares, at a price of between NLG 17 and NLG 20, opened on Wednesday.

Monday July 27 1998
Astra Informatica aims for bourse listing
Astra Informatica of Niewegein aims for flotation on the Amsterdam stock exchange this autumn to finance further growth through acquisitions and expansion of its services. Astra booked 1998 first-half turnover of NLG 19.6 mln, compared with NLG 16.7 mln for the 1997 first-half. Net profit increased with 30% from NLG 1.5 mln to NLG 2.0 mln. Operating income increased with 26% from NLG 2.3 mln to NLG 2.9 mln. MeesPierson will be lead manager.

Friday July 24 1998
Avalix Groep aims for bourse listing
Avalix Groep, the IT consultancy firm and secondment firm of Houten, announced it is planning to float on the Amsterdam stock exchange before the end of the year to finance its strategy of further growth. The announcement follows Avalix's most recent takeover of Cypres Beheer of Nieuwegein. Avalix and Cypres booked combined 1997 turnover of NLG 80 mln and operating income before taxes of NLG 9.5 mln.

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