SSA Global Technologies Reports Fourth Quarter and Fiscal Year 2003 Results

CHICAGO--Sept. 4, 2003--SSA Global Technologies Inc.(TM), (SSA GT(TM)), a leading global provider of extended enterprise solutions and services, today announced financial results for the company's fourth quarter and fiscal year ended July 31, 2003. These results are subject to audit and do not include the recent Baan acquisition.

For the quarter ended July 31, 2003 the company reported total revenue of $85.2 million, an increase of 19 percent over the fourth quarter of fiscal year 2002. Software license revenues were $29.9 million, up 41 percent over the prior year quarter and represent 35 percent of total revenue in the quarter. Fourth quarter earnings before interest, taxes, amortization (EBITA) were $22.1 million, or 26 percent of total revenue. Cash-on-hand as of quarter's end was $65 million.

Total revenues for the year were $285.4 million, an increase of 50 percent from 2002. Earnings before interest, taxes and amortization (EBITA) were $65.5 million, which represents 23 percent of total revenue.

For the year, software license fees represented 33 percent of total revenues with the remaining 67 percent coming from maintenance and services. Geographic representation was maintained with revenues of 47 percent generated from North America, 31 percent from Europe, Middle East and Africa (EMEA) and 22 percent from the Latin America and Asia/Pacific/Japan regions.

During fiscal year 2003, SSA GT closed several strategic acquisitions of notable companies that established SSA GT as the largest provider of enterprise software to the manufacturing sector. The company now has more than 16,000 customers worldwide.

-- December 20, 2002 - Infinium Software deepened SSA GT's reach into the process manufacturing space with strong financial and human resources applications while broadening capabilities into gaming, hospitality and healthcare industries.

-- June 19, 2003 - Ironside Technologies' sell-side and buy-side eCommerce solutions extended and strengthened SSA GT's existing product portfolio and became important components of its customer relationship and supplier relationship strategies.

-- July 18, 2003 - Baan gives SSA GT a deeper global presence as well as the most balanced geographical reach in the industry. Both SSA GT and Baan customers are benefiting from enhanced extension solutions in areas such as logistics, supply chain management, customer relationship management, corporate performance management and enterprise integration.

-- July 22, 2003 - Elevon's advanced e-business, collaborative commerce solutions and world-class manufacturing customers were added to SSA GT's portfolio.

"We continue to expand our core ERP offerings through these acquisitions and attribute our success to the fact that we are solving customer problems. We are committed to providing service and value to our customers and by addressing their needs we will continue to grow," said Mike Greenough, president, chairman and CEO, SSA GT. "SSA GT is at the vanguard of industry consolidation with several successful acquisitions this fiscal year. Our financial record of consistent revenue growth and profitability is unique in the industry. As a percentage of total revenue, our software license fees are among the highest in the industry."

About SSA Global Technologies

SSA Global Technologies, Inc. is a leading provider of extended enterprise resource planning (ERP) solutions for manufacturing, services, and public organizations worldwide. In addition to core ERP applications, SSA GT offers a full range of practical integrated extended solutions including corporate performance management, customer relationship management (CRM), supply chain management and supplier relationship management. Headquartered in Chicago, SSA GT has 121 worldwide offices serving more than 16,000 customers that represent market-leading companies in over 90 countries. For additional information, visit the SSA GT web site at www.ssagt.com.

SSA Global Technologies and SSA GT are trademarks of SSA Global Technologies, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

Forward Looking Statements

These materials may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Statements in this press release or otherwise attributable to SSA GT regarding the business which are not historical fact, including those regarding forecasted revenue, earnings, cash flow and liquidity and the future prospects of its business, are "forward looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any "forward-looking statements" in these materials are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Any statements that are not statements of historical fact (including without limitation statements to the effect that SSA GT or its management "believes", "expects", "anticipates", "plans", "looks forward" and similar expressions) should be considered forward-looking statements. Many important factors could cause SSA GT's actual results to differ materially from those expressed in the forward-looking statements made by or on behalf of SSA GT, including, without limitation, the size and timing of license transactions, the effect of economic conditions on the spending patterns of SSA GT's customers, the impact of competitive products and services, the effect of fluctuations in the economy and local currency, the ability of SSA GT to accurately forecast revenue, the ability to maintain adequate cash flow, the ability to maintain a satisfactory credit facility, the relationship between SSA GT and its affiliates and suppliers, the ability to manage costs and expenses, the availability of qualified resources, the ability to develop and enhance products, and other unknown risks including those as may be detailed in other SSA GT filings, reports and releases. SSA GT undertakes no obligation to revise or publicly update these forward-looking statements, whether as a result of new information or otherwise.