<Page> EXHIBIT 99.1 PRESS RELEASE TRIPLE P REPORTS RESULTS OF OPERATIONS FOR THIRD QUARTER 2003 - TRIPLE P PROFITABLE IN THIRD QUARTER 2003; - NET REVENUES IN TRADITIONALLY WEAKER THIRD QUARTER 4% ABOVE NET REVENUES IN SECOND QUARTER 2003; - ALL MANAGEMENT ATTENTION FOCUSED ON FURTHER GROWTH OF NET REVENUES. November 7, 2003 - Vianen, The Netherlands. Triple P N.V. (Nasdaq SCM: TPPP) announced today that it closed the third quarter of 2003 with net income of EURO27,000 as determined in accordance with United States generally accepted accounting principles ("US GAAP"). In accordance with USGAAP, the operating expenses for the third quarter of 2003 include current personnel expenses of EURO375,000 related to employees that were notified in the second quarter that their employee contract would be terminated before the end of the year. Excluding these expenses, adjusted net income for the third quarter of 2003 was EURO402,000. Net revenues in the traditionally weaker third quarter were EURO18.3 million, 4% above net revenues in the second quarter of 2003. "Although net revenues are 15.9% below last year, we are hopeful that sales growth could return in future periods," says CEO, Mr. H. Crijns. "We will continue to focus attention on further sales growth, efficiency improvement and further cost reduction so that we are well positioned to take advantage of any favorable market conditions that may emerge." As a result of cost reduction measures, operating expenses for the third quarter of 2003 decreased by 17,7% compared to the third quarter of 2002. In the third quarter, Triple P's workforce decreased from 373 to 353 employees (FTE's). "The implementation of our second quarter 2003 restructuring plan is on schedule and is expected to be finished before year end 2003. The impact of the restructuring on operating expenses will be fully visible as of the first quarter of 2004," says Mr. Crijns. Triple P believes that market conditions in 2003 will continue to be difficult. The difficult and uncertain economic climate generally and the continued instability in the ICT market in particular are such that the Company is not providing any specific guidance as to future results for the fiscal year 2003. <Page> --------------------------- TRIPLE P (NASDAQ SCM: TPPP) DESIGNS, SUPPLIES, BUILDS AND MANAGES ICT-SOLUTIONS THAT IN AN EFFICIENT WAY CONTRIBUTE TO YOUR COMPANY'S RESULTS. THE THREE P'S - PEOPLE PERFORMANCE AND PARTNERSHIP - ARE THE BASIS FOR LONG-LASTING AND SUCCESSFUL RELATIONSHIPS WITH OUR CUSTOMERS. THIS RELEASE CONTAINS A NUMBER OF FORWARD-LOOKING STATEMENTS BASED ON CURRENT EXPECTATIONS. ACTUAL RESULTS MAY DIFFER MATERIALLY DUE TO A NUMBER OF FACTORS WHICH INCLUDE, BUT ARE NOT LIMITED TO: OVERALL ICT- SPENDING AND DEMAND FOR ICT SERVICES IN THE NETHERLANDS; THE TIMING OF SIGNIFICANT ORDERS; THE ABILITY TO HIRE, TRAIN AND RETAIN QUALIFIED PERSONNEL AND FIERCE COMPETITION. FOR A MORE THOROUGH DISCUSSION OF THESE RISKS AND UNCERTAINTIES, SEE THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, PARTICULARLY ITS MOST RECENT ANNUAL REPORT ON FORM 20-F. <Page> TRIPLE P N.V. CONSOLIDATED BALANCE SHEETS (in thousands, except number of shares and per share amounts) <Table> <Caption> DECEMBER 31, SEPTEMBER 30, 2002 2003 --------------- --------------- EUR EUR (UNAUDITED) ASSETS CURRENT ASSETS: Cash and cash equivalents........................... 4,207 626 Restricted cash..................................... 59 12 Accounts receivable................................. 12,090 11,440 Inventories......................................... 3,136 2,421 Prepaid expenses and other current assets........... 1,870 2,332 -------------- -------------- TOTAL CURRENT ASSETS................................ 21,362 16,831 NON-CURRENT ASSETS: Property and equipment, at cost..................... 3,999 2,891 Less: accumulated depreciation and amortization..... 2,375 1,521 -------------- -------------- Net property and equipment.......................... 1,624 1,370 -------------- -------------- TOTAL NON-CURRENT ASSETS............................ 1,624 1,370 -------------- -------------- TOTAL ASSETS........................................ 22,986 18,201 ============== ============== LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Short-term part of long-term liabilities............ 470 208 Accounts payable.................................... 8,444 6,127 Accrued liabilities................................. 5,213 4,485 Customer deposits................................... 665 489 Deferred revenue.................................... 3,981 4,325 Restructuring reserve............................... 715 612 -------------- --------------- TOTAL CURRENT LIABILITIES........................... 19,488 16,246 LONG-TERM LIABILITIES: Pension obligations................................. 259 - Other long-term liabilities......................... 725 402 -------------- --------------- TOTAL LONG-TERM LIABILITIES......................... 984 402 -------------- --------------- TOTAL LIABILITIES................................... 20,472 16,648 SHAREHOLDERS' EQUITY: Common Shares, EUR 0.04 par value per share Authorised - 43,750,000 shares Outstanding - 30,469,345 shares................... 1,219 1,219 Additional paid-in capital ......................... 53,293 53,293 Accumulated deficit................................. (51,998) (52,959) -------------- --------------- TOTAL SHAREHOLDERS' EQUITY.......................... 2,514 1,553 -------------- --------------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY.......... 22,986 18,201 ============== =============== </Table> <Page> TRIPLE P N.V. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except number of shares and per share amounts) <Table> <Caption> THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30 SEPTEMBER 30 2002 2003 2002 2003 ------------ ------------- ------------ ------------ EUR EUR EUR EUR (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) Net revenues................................. 21,807 18,337 68,813 56,815 Cost of revenues............................. 17,806 15,164 56,534 46,869 ----------- ------------- ------------ ------------ GROSS PROFIT................................. 4,001 3,173 12,279 9,946 Sales and marketing expense.................. 2,532 2,154 7,373 6,548 General and administrative expense........... 1,255 964 3,798 2,977 Restructuring charge - - - 1,281 ----------- ------------- ------------ ------------ Total operating expenses..................... 3,787 3,118 11,171 10,826 OPERATING INCOME (LOSS) 214 55 1,108 (880) Interest income (expense) ................... (126) (27) (318) (98) Other, net................................... (39) (1) (92) 18 ----------- ------------- ------------ ------------ Total other income (expense), net............ (165) (28) (410) (80) ----------- ------------- ------------ ------------ NET INCOME (LOSS) ........................... 49 27 698 (960) =========== ============= ============ ============ NET INCOME PER SHARE: Basic........................................ 0,00 0,00 0,02 (0,03) Diluted...................................... 0,00 0,00 0,02 (0,03) WEIGHTED AVERAGE SHARES OUTSTANDING: Basic........................................ 30,469 30,469 30,469 30,469 Diluted...................................... 30,469 30,469 30,469 30,469 </Table>