TOTVS 3Q08: Merger with Datasul, Record Revenues and EBITDA and 705 new software clients

SAO PAULO, Brazil, Nov. 5 /PRNewswire-FirstCall/ -- TOTVS S.A. (BOVESPA: TOTS3), the leader in developing and marketing integrated enterprise management software in Brazil, today announces its results for the third quarter of 2008 (3Q08). Some highlights of the period, in accordance with Brazilian corporate legislation:

-- Net Revenue from sales was R$218.559 million in 3Q08 and reached a new quarterly record for the 15th consecutive quarter, growing 29.7% year-on-year. -- Revenue from License Fees was R$59.293 million in 3Q08, a 39.5% growth over 3Q07. -- Revenue from Services and Maintenance registered all-time records. Revenue from Services was R$75.167 million, growing by 32.8%, and revenue from maintenance rose 22.2% over 3Q07 to R$108.102 million in 3Q08. -- 705 new software clients -- a new record. More than 22,500 active clients. -- EBITDA of R$44.355 million, 20.0% up year-on-year, and also reaching a new historical record. -- Adjusted Net Income of R$34.024 million in 3Q08, a 25.1% growth over 3Q07. Conference Call in English Thursday, November 6, 2008 - 10:30 a.m. (U.S. ET) Webcast: http://www.totvs.com/ir Tel.: [phone] Code: TOTVS IR Contacts Jose Rogerio Luiz VP, CFO and Investor Relations Officer Gilsomar Maia / Bruno Brasil Investor Relations Phone: + 55 (11) 3981-7105 / [e-mail]