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February 17, 1999


By CBR Staff Writer

German e-banking and e-commerce software developer Brokat Infosystems AG has reported a second quarter net loss of the equivalent of $4.09m on revenues up 67% at $6.92m; mid-term net losses were $6.62m on revenues of $11.31m. The company floated on the Frankfurt Neuer Markt in mid-September (CI No. 3,498) and thus did not publish figures for the equivalent period last year. All values translated at a rate of DM1.74 to the dollar.

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