Hoeft & Wessel AG Affirms Positive Forecast for 2010

First quarter Weaker Year-on-year, as Expected

HANOVER, Germany, May 6, 2010 - The Hoeft & Wessel Group affirms its positive forecast despite the
expected weak first-quarter performance. The IT hardware and software
specialist for ticketing, parking facilities and mobile solutions anticipates
a slight increase both in sales revenues and in its operating result for the
year 2010.

In the first quarter, the Company generated sales revenues of EUR 15.9
million. In the same period a year earlier, due to temporary special effect
the Company's sales revenues had turned out exceptionally high at EUR 24.5
million.

The operating result (EBIT) turned out negative, with -EUR 1.6 million
being recorded as at 31 March 2010 (2009: EUR 0.2 million). In contrast, the
operational cash flow, at EUR 498,000 in the first quarter of 2010, was
substantially boosted (previous year: -EUR 2,597,000).

"As a rule, sales revenues of Hoeft & Wessel AG also tend to increase
from quarter to quarter. We also expect that to be the case this year. In the
case of ticket vending and car park terminals, we can already determine a
substantial share of our sales revenues on the basis of the orders
contracted. As far as mobile terminals are concerned, we currently see
increasing demand," says Hansjoachim Oehmen, CEO of the Hoeft & Wessel Group,
in commenting on anticipated business trends in the year 2010.

The order intake continued to see a gratifying development in the first
quarter. In the first three months, new orders with a total volume of EUR
25.3 million were acquired. As a result, the newly signed contracts even
almost matched the previous year's volume of EUR 26.2 million, to which a
large-scale order for car park terminals placed by the U.S. city of
Philadelphia had made a key contribution. The order portfolio as at 31 March
2010 came to EUR 83.8 million (31/12/2009: EUR 74.4 million). At the Annual
General Meeting of Hoeft & Wessel AG scheduled for 17 June 2010, the
shareholders will be asked to vote on the payment of a dividend for the very
first time.

Key figures for the Hoeft & Wessel Group

    In  EUR thousands  31.03.2010 31.03.2009 31.03.2008 31.03.2007 31.03.2006
    -------------------------------------------------------------------------
    Sales revenues         15,901     24,466     16,283     17,956     15,024

    Operating result before
    depreciation and
    amortisation (EBITDA)   (385)      1,366        160         15      (321)

    Operating result
    (EBIT)                (1,604)        220      (974)    (1,110)    (1,499)

      in % of sales revenues    -        0.9          -          -          -

    Earnings before taxes
    (EBT)                 (1,814)          8    (1,309)    (1,422)    (1,630)

      in % of sales revenues    -        0.1          -          -          -

    Group earnings        (2,002)      (208)    (1,476)    (1,521)    (1,537)

    Earnings per share
    (in EUR)               (0.24)     (0.02)     (0.17)     (0.18)     (0.18)

    Cash flow from current
    operating activities      498    (2,597)    (4,832)    (2,092)      4,521

    Cash flow from
    investment activities   (978)    (1,287)    (1,344)    (1,262)    (1,393)

    Net cash flow            (77)         86      (999)    (2,149)      (193)

    Average number of
    employees                 495        494        506        500        489

Quarterly Report 2010 and further reports:

www.hoeft-wessel.com/en/ir/ir.htm

Photos within the press kit:

www.presseportal.de/pm/12945/hoeft_wessel_ag/

    Further inquiry note:

    Dr. Arnd Fritzemeier
    Tel.: +49-511-6102-300
    E-Mail: af@hoeft-wessel.com
    issuer: Hoft & Wessel AG

    Rotenburger Str. 20
    D-30659 Hannover
    phone: +49-511-6102-0
    FAX: +49-511-6102-411
    mail: ir@hoeft-wessel.com
    www.hoeft-wessel.com

sector: Technology

ISIN: DE0006011000 indexes: TecDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade:
Berlin, Hamburg, Stuttgart, Dusseldorf, Hannover, Munchen

Further inquiry note: Dr. Arnd Fritzemeier, Tel.: +49-511-6102-300, E-Mail: af at hoeft-wessel.com, issuer: Hoft & Wessel AG. Rotenburger Str. 20, D-30659 Hannover, phone: +49-511-6102-0, FAX: +49-511-6102-411, mail: ir at hoeft-wessel.com, www.hoeft-wessel.com