The product revenues as well as the associated project business in the technology and infrastructure sectors in Germany did not meet the expectations in the second quarter as well. Therefore, BRAIN FORCE HOLDING AG will perform a balance restructuring with respect to valuation of equity holdings and capitalized services. This will result in value adjustments of approx. 10 M€ which will impact the second quarter result.

Consequently, the group will adjust the prognosis for the ongoing fiscal year 2007; results are expected as follows: Revenues 100 to 105 M€, EBITDA 4.0 to 5.0 M€, EBIT - 9.0 to -11.0 M€.

The management board has already taken action such as cost reduction, structural changes and personnel changes in the German leadership team.

The final figures for H1 will be published on August 27, 2007.