IXOS European market leader after two acquisitions; Take-over of Obtree Technologies Inc. and acquisition of operating business of PowerWork AG increase revenue growth - consolidated revenue up 10% in H1 2002/03, income from operations up 12%.

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M2 PRESSWIRE-27 January 2003-IXOS SOFTWARE: IXOS European market leader after two acquisitions; Take-over of Obtree Technologies Inc. and acquisition of operating business of PowerWork AG increase revenue growth - consolidated revenue up 10 in H1 2002/03, income from operations up 12(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:01242003 Grasbrunn/Munich -- IXOS SOFTWARE AG (NASDAQ: "XOSY", NEUER MARKT: "XOS", German Securities Code 506150), the document management software specialist, has become the European market leader following two acquisitions.

The purchase of Swiss-based Obtree Technologies Inc. and of the operating business of PowerWork AG will increase revenue growth by the IXOS Group in the course of the present fiscal year 2002/2003. In the first...