InTiCa Systems AG — Earnings Release 2007

Feb 25, 2008

News Details

Ad-hoc | 25 February 2008 20:31

InTiCom Systems Aktiengesellschaft: • planned EBIT 2007 reduced by approx. EUR 1.5 million to approx. EUR 1.0 million • external solution decided for filling vacant CEO position, scheduled for QII

InTiCom Systems Aktiengesellschaft / Profit Warning

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Passau, February 25, 2008
• planned EBIT 2007 reduced by approx. EUR 1.5 million to approx. EUR 1.0
million
• external solution decided for filling vacant CEO position, scheduled for
QII

InTiCom Systems AG (ISIN DE0005874846, Prime Standard) anticipates a
considerably reduced EBIT (earnings before interest and taxes) of approx.
EUR 1.0 million for the fiscal year 2007. Extraordinary expenses were
entered into the annual financial statements due to the unexpected
termination of a customer relationship in the business field of DSL and a
revaluation of debts.

Apart from the loss of profits, the unexpected termination of the
contractually protected customer relationship also resulted in the required
depreciation for capitalized development expenses and components to the
total amount of approx. EUR 0.8 million, owing to very specific product
development. The Board of Directors is presently looking into taking legal
steps towards a compensation for the damages the company has sustained.

In addition to that, the result is burdened by a revaluation of the
accounts receivable, carried out within the context of preparing the annual
financial statements, to the amount of approx. EUR 0.6 million.

The Supervisory Board has decided in consultation with the Board of
Directors to fill the vacant position of CEO with a qualified external
candidate in order to strengthen the management team. First conversations
have already been held on this subject. The Supervisory Board expects the
position to be filled as soon as at the beginning of the second quarter.

The preliminary figures for the fiscal year 2007 will be announced on March
4, 2008 as scheduled.

InTiCom Systems AG
The Board of Directors

If you have questions, please contact:

Christian Schubert
Board of Directors

Phone: +49 - (0)851 - 966 92 - 0
Fax: +49 - (0)851 - 966 92 – 15
e-mail: c.schubert@inticom-systems.de
25.02.2008 Financial News transmitted by DGAP

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Language: English
Issuer: InTiCom Systems Aktiengesellschaft
Spitalhofstraße 94
94032 Passau
Deutschland
Phone: +49 (0)851 9 66 92-0
Fax: +49 (0)851 9 66 92-15
E-mail: info@InTiCom-Systems.de
Internet: www.InTiCom-Systems.de
ISIN: DE0005874846
WKN: 587484
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, München, Stuttgart

End of News DGAP News-Service

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