NETGEM

Earnings Release • Oct 8, 2015

Third Quarter 2015 Revenue Back to Growth

Paris La Défense, October 8, 2015

Consolidated revenue, activity and outlook

In € million	Q3 2015	Q3 2014	Change	9 months 2015	9 months 2014	Change
Revenue	23.3	20.5	+14%	60.6	58.3	+4%

For the quarter ending September 30, 2015, Netgem announces a consolidated revenue of € 23.3 million, bringing the consolidated revenue for the first 9 months of 2015 to € 60.6 million, a 4% growth compared to the same period in 2014.

Netgem expects the solid performance of its customers in all geographies to continue this year end, comforting the positive growth scenario on a full year basis.

In the last quarter, Netgem announced #TelcoTV,the new product name for its B2B managed Internet TV service offering. Several of its existing Customers are showing strong interest to improve their TV business models by handling to Netgem more of the software & services part of their current and future TV deployment, following in the steps of the successful EE TV reference deployment in the UK.

The Company is now focusing its innovation and commercial effort on developing #TelcoTV, by leveraging its core strengths : user experience, content aggregation and operational excellence.

In France, Netgem is continuing to adjust and focus the Videofutur business. In that respect, a new product, LaFibre Videofutur, has been launched in partnership with Alsatis, a high speed regional internet provider. This product will leverage the significant investments by underserved local communities in the French regions to develop fiber access to their residents.

Significant events and transactions

Since the beginning of 2015, the Group purchased 239,000 of its own shares at a price of approximately € 1.96. The Group owns approximately 2.1 million of its own shares as treasury shares or about 5.2% of its capital.

Calendar of Financial Communication

• Revenue for Q4'2015: January 14, 2016, before market opening
• Results 2015 and revenue for Q1'2016: April 14, 2016, before market opening
• Annual shareholders' meeting: June 9, 2016
• Revenue and results for H1 2016: July 29, 2016, before market opening

Revenue for Q3'2016: October 13, before market opening

About Netgem

Netgem provides Fixed and Mobile Telecom operators with #TelcoTV, a superior TV service, offering intuitive navigation, simple access to the content consumers love, and multiscreen viewing, in and out of the home.

With 20+ deployments in Europe, APAC, and South America, and over 5 Million active viewers, Netgem is best placed to partner with the most innovative Telco operators and help them win in their market.

TelcoTV is what we do, it's TV the Telco way

Netgem is listed on NYSE Euronext Paris Compartment C (ISIN: FR0004154060, Reuters: ETGM.PA, Bloomberg: NTG FP)