Sopheon, the international provider of software and services that improve the financial return from innovation and product development investments, announces that revenues for the six months to 30 June 2006 are expected to show growth of the order of 50% compared to the first half of 2005. As foreseen in our 2005 annual report this performance reflects the successful conversion of major license opportunities, particularly in Europe. We enter the third quarter with a good sales pipeline, and look forward to building on this encouraging start to the year.

Sopheon plans to issue its 2006 interim results on 31 August 2006. As in previous years, financial expectations referred to above are subject to the completion of the financial close process, and certain interim review procedures to be conducted by the group's auditors.

About Sopheon
Sopheon (LSE: SPE) is an international provider of software and services that help organizations improve the business impact of product innovation. The Sopheon Accolade® product innovation process and portfolio management system automates gate- or phase-based product development processes and provides strategic decision support that allows companies to increase revenue and profits from new products. Sopheon is listed on the AIM Market of the London Stock Exchange and on the Euronext in the Netherlands. For more information, please visit www.sopheon.com.