Logismos, an Information Systems company based in Thessaloniki, announced the financial results for the first semester 2004 according to which sales revenues are 1.703.150,99 ? showing an increase of 3% compared to the last year correspondent semester which were 1.652.685,02 euros. The earnings before interest, depreciation and taxes are 872.827,65 euros increased by 31% compared to the last year correspondent semester which were 667.352,75 euros. Finally, the profits before taxes are 305.423,94 euros, increased by 44% compared to the last year correspondent semester which were 212.007,67 euros.

Logismos' activities cover two main IT Sectors, the first sector is the Development and Production of Application Software having as core product the Enterprise Resource Planning momentum. Momentum is installed to more than 200 enterprises with more than 2.300 users. The second sector is the IT Project Integration in which the company has already implemented a significant number of projects in Companies and Organizations.

In addition to the core product which is the momentum erp the company has developed the following software applications: momentum warehouse management system (Warehouse Maintenance System), momentum budget (Complete and Dynamic Budget System) momentum ergon (Project Management System) momentum e-order (Order Management System).