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	Member News Hubwoo Announces Significant Improved Financial Performance 1st Half of 2009 by Hubwoo Financial information 1st Half 2009 * 21% Revenue growth for H1: €18M * Significant EBITDA(*) improvement: €1.5M * Capital increase successful with subscription rate of 145% Paris – August 31th, 2009 – Hubwoo (ISIN: FR0004052561), the world’s leading provider of SAP-based On-Demand procurement solutions, today announced revenue for H1 2009, in accordance with the “Directive Transparence”. Greg Mark, Hubwoo CEO commented: “On July 30th we announced H1 2009 revenue of €18 M, up 21% vs Half year 08. We confirm today an EBITDA(*) level of €1.5 M, significantly improved compared to last year. Organic growth and continued efforts on cost optimization are bringing clear results. These results and a successful capital increase lead us into second half of the year with positive momentum. However it is important to stress again that the challenging macro-economic environment may affect our performance if our prospects continue to delay decisions". Contact Email: gmark@hubwoo.com

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