Day Software Holding AG (VTX:DAYN) Day To Focus On Core Business

Day Software Holding AG (VTX:DAYN) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



Proposes to divest from services subsidiary in UK

Basle, Switzerland - 20 November 2008 - Day Software (SWX: DAYN, OTCQX: DYIHY), a leading provider of global content management software and content infrastructure software today announced that as a part of a more focused strategy on its core software business - it proposes to divest from a separate business unit - Marketingnet Ltd which is a UK company.

"Marketingnet Ltd, a company focused on providing agency style consulting services, was acquired back in 2000. The agency market has undergone a major consolidation over the last couple of years with resulting thin margins - which has made it very difficult for Marketingnet to compete at a profitable level" said Erik Hansen and continued "Apart from this Day as a software solution provider in the ECM sector is today collaborating with most of the larger agencies, with whom Marketingnet is actually competing. Therefore owning such a company created a conflict of interest."

Day's core operations in the UK carried on through Day Software Ltd is not impacted. "In order to fully benefit from the very positive market and analyst reaction that our revised marketing strategy and our brand new CQ5 product is experiencing - including a growth in our customer base - we must focus on our core competency as a leading software provider! However the current reorganisation as well as the turbulent global markets are likely to have an impact on Day's results in 2008, Erik Hansen said and explained "Despite our very solid financial position, we will place an even stronger focus on cost control and increased productivity while executing our strategy of continued market expansion".

About Day - www.day.com
Day is a leading provider of integrated content management, portal and digital asset management software. Day's technology Communiqué provides an easy-to-understand, quickly applicable framework for standardising and managing all business data, systems, applications and processes via the web.

Day is an international company established in 1993 and listed on the SWX Swiss Exchange since April 2000. Day shares are also traded over the counter (OTC) in the form of American Depositary Receipts (OTCQX:DYIHY). Day's customers are some of the most important global corporations and include Audi, Daimler, Deutsche Post World Net, Deutsche Bank, InterContinental Hotels Group, McDonald's and Volkswagen.

Warning regarding forward-looking statements

This press release may contain forward-looking statements about future events or the future development of Day Software Holding AG and its subsidiaries ("the Company"). Terms such as "expect", "assume", "intend", "believe", "want" and any variations of these terms or similar expressions are used to make forward-looking statements. These statements are subject to change, and Day cannot necessarily provide information about such changes. Of course, actual events or results can deviate significantly from the forward-looking statements. The company's share is not listed on any stock exchange in the US, and the company does not file any documents (e.g. 10-K and 10-Q) with the US Securities and Exchange Commission SEC under the Securities Exchange Act of 1934.

Further information

Peter Nachbur Day Software AG Barfuesserplatz 6 4001 Basel, Switzerland Phone +41 61 226 98 98 peter.nachbur@day.com

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Day Software Holding AG Barfüsserplatz 6 Basel Schweiz

WKN: 936168; ISIN: CH0010474218; Index: SPI, SPIEX, SSCI; Listed: Main Market in SWX Swiss Exchange;



LINK: http://hugin.info/131802/R/1271550/281997.pdf

Day Software Holding AG

http://www.day.com

ISIN: CH0010474218

Stock Identifier: XSWX.DAYN

US: DYIHF.PK