SYSGO announces historical growth in 2008

Mainz, Paris - January 28, 2009 SYSGO, leading supplier of software solutions for the world's most demanding safety and security applications, announces today that the group has achieved a 40% growth in year over year sales revenue from 2007 to 2008, producing an EBIT (earnings before interest and taxes) of 12%.

2008 was an extremely successful year for SYSGO. The company has confirmed the extraordinary promises of its product portfolio by closing major deals with industry leaders on strategic projects. SYSGO has also expanded its manpower 15% by opening a new office in Rostock, Germany, and by increasing staff in other offices, especially in the Paris and Prague offices. The most significant evidence of success is the 40% growth in total revenue.

SYSGO’s new flagship product PikeOS has met original company expectations in terms of market penetration, name recognition, and contribution to company pipeline. Today, PikeOS product line related business represents 62% of total revenue. Among many key wins, industry leader Airbus chose PikeOS as its avionics reference platform.

"We are delighted by these results but not surprised", said Michael Tiedemann, CEO of SYSGO. "We have built our reputation on never compromising on excellence and commitment. Our technical expertise already allowed us to succeed with the first industrial grade embedded Linux solution. When we decided to target the most demanding applications in the areas of safety-critical and security-critical, we applied the same combination of innovation and knowledge of customer’s needs. This resulted last year in PikeOS acceptance in the very demanding avionics market. We anticipate 2009 as the year of similar achievement in the area of security."

Designed for growth

PikeOS has established itself as the best layer between hardware platforms and other middleware or applications in many different types of systems, including those requiring virtualization capability, hard real-time response, multi-core support, and safety-critical or security-critical certifiability. Among the strong indicators of SYSGO’s strategic industry acceptance is the participation of SYSGO within four major EC funded projects: SYSGO experienced 100% success in acceptance to all projects where SYSGO submitted its credentials and applied for participation. The total number of industrial or academic partners involved in these four projects is more than 80.

Another important consortium where SYSGO has been involved since 2006 is the project known as VerisoftXT. As one of the 21 members of this consortium, SYSGO’s main activity is to conduct a formal verification of its MILS based PikeOS microkernel, a mandatory requirement for Common Criteria’s EAL 7. Common Criteria is an international standard (documented in ISO/IEC 15408) used to define different security certification levels. MILS (Multiple Independent Levels of Security) is an architecture model based on a commercial off-the-shelf separation kernel that enforces strict communication and partitioned process execution between components having different levels of security on a single platform.

ELinOS, the Embedded Linux solution SYSGO has offered to its customers for almost 10 years, is gaining new customers beyond the traditional industrial automation sector. ELinOS product line related revenue increased by 10% compared to 2007, but most significantly ELinOS proved to be the perfect complement to PikeOS in safety and security oriented domains, while still attracting new users whose key requirement is a proven industrial grade embedded platform.

About the products

PikeOS is an innovative product providing an embedded systems platform where multiple virtual machines can run simultaneously in a secure environment. The secure virtualization technology allows multiple operating system APIs to run concurrently on one machine, such as an ARINC-653 application working together with Linux. The PikeOS microkernel architecture allows it to be used in cost sensitive, resource constrained devices as well as large, complex systems. The simplicity and compactness of the PikeOS design results in real-time performance that competes head-to-head with conventional proprietary RTOS solutions. PikeOS is certifiable to the DO-178B standard, and is also MILS compliant.

ELinOS is a Linux based development environment designed for the creation of intelligent devices. Unlike traditional Linux implementations, SYSGO’s ELinOS is purpose-built for use in demanding industrial applications. SYSGO has contributed 15+ years of field expertise to making today an embedded Linux offering well suited for complex real-world applications. This deep experience also allows SYSGO to back up their Linux customers with world-class support.

About SYSGO

SYSGO excels in providing operating system technology, middleware, and software services for the real-time and embedded device market. A differentiating capability of SYSGO is the secure and certifiable PikeOS™ paravirtualization operating system which is built upon a small, fast, and safe microkernel and supports the cohabitation of independent operating system personalities on a single platform, including ELinOS™, SYSGO’s embedded Linux development environment. SYSGO supports international customers with services for embedded Linux, real-time capabilities and certification for safety-critical applications. Target markets include Aerospace & Defense, Industrial Automation, Automotive, Transportation and Network Infrastructure. SYSGO customers include Airbus, Honeywell, Thales, Daimler, Raytheon, Rheinmetall, Rockwell-Collins, Siemens and Rohde & Schwarz. Today, the company has six facilities in Europe, including Germany, France and Czech Republic and offers a global distribution and support network, extending to North America and the Pacific Rim.