The Asseco Group earned almost PLN 100 million in net profit for the first quarter of 2011. Sales revenues reached PLN 1.2 billion having jumped over 73% in comparison to 2010. Operating profit improved almost 46% year on year and amounted to PLN 221 million.

Following consultations with investors and investment banks the Management Board of Asseco Poland S.A. decided to withhold preparations for the company's listing on the NASDAQ Global Markets.

Sapiens International Corporation N.V., a member of the Asseco Group, signed a non-binding term sheet for a merger with the companies of FIS Software Ltd. and IDIT I.D.I. Technologies Ltd.

In 2010 the Asseco Group achieved its record-breaking financial results. Sales revenues reached PLN 3.24 billion and they increased by 6% as compared with 2009. Operating profit improved 8% year on year and amounted to PLN 569 million.