Lectra Reports Strong 2003 Performance

Paris-based Lectra has reported its revenues for fiscal 2003 totaled 184.7 million euros, up 8
percent at constant exchange rates over the previous year. Of this total, 105.2 million euros came
from sales of new systems, representing a 14-percent increase over 2002. Net income, 7.4 million
euros, was double that of 2002; and net cash, 52.4 million euros, set a record for the company.

Lectra said revenues from the Asia-Pacific region increased 38 percent, compared with a
5-percent increase from North America and a decline of 5 percent from Europe.

May 2004