InTiCa Systems AG

Earnings Release • Aug 25, 2011

Interim Report H1

Positive development has strengthened further in Q2 – Rise in sales and earnings in H1 2011

Technologies for the Environment!

The first six months of 2011 in figures

The Group	Q2 2010 EUR ´000	Q2 2011 EUR ´000	H1 2010 EUR ´000	H1 2011 EUR ´000	Change vs. H1 2010
Sales	7,382	11,689	13,752	22,577	64.2%
Net margin (net result for the period)	-2.0%	2.1%	-1.6%	1.7%	-
EBITDA	1,073	1,792	1,994	3,152	58.1%
EBIT	-16	595	2	833	-
EBT	-133	449	-219	555	-
Net result for the period	-145	249	-222	384	-
Earnings per share (diluted/basic in EUR)	-0.03	0.06	-0.05	0.09	-
Total cash flow	-1,395	-849	-3,852	-1,765	-
Net cash flow for operating activities	506	-118	-214	-937	-
Capital expenditure	1,903	620	3,529	1,245	-64.7%

	Jun 30, 2010 EUR ´000	Dec 31, 2010 EUR ´000	Jun 30, 2011 EUR ´000	Change vs. Dec 31, 2010
Total assets	40,088	39,674	43,159	8.8%
Equity	20,840	18,943	20,203	6.7%
Equity ratio	52%	48%	47%	-
Number of employees (on the reporting date)	351	447	431	-3.6%

The Stock	H1 2010	2010	H1 2011
Closing price (in EUR)	4.26	4.20	4.74
Period high (in EUR)	5.25	5.25	5.45
Period low (in EUR)	3.75	3.75	4.01
Market capitalisation at end of period (in EUR million)	18.3	18.0	20.3
Number of shares	4,287,000	4,287,000	4,287,000

The stock prices are closing prices on XETRA.

InTiCa Systems in the First Six Months of 2011	4
Foreword by the Board of Directors	4
Group Management Report	5
InTiCa Systems Stock	5
Earnings, Asset and Financial Position	7
Risks and Opportunities	9
Events After the End of the Reporting Period	9
Outlook	9
Consolidated Financial Statements H1 2011	11
Consolidated Balance Sheet	12
Consolidated Statement of Comprehensive Income	14
Consolidated Cash Flow Statement	15
Consolidated Statement of Changes in Equity	16
Notes to the Consolidated Financial Statements	17
Segment Report	18
Other Information	18
Responsibility Statement	19
Financial Calendar	20

Foreword by the Board of Directors

Dear shareholders, employees and business associates,

The positive development of InTiCa Systems strengthened further in the second quarter. As we expected, in the first six months of this year we achieved EBIT of EUR 0.8 million and net income of EUR 0.4 million. The sales trend was above expectations, with growth of 64 percent in the first six months, illustrating the continued high demand for InTiCa Systems' products. Orders on hand total EUR 43 million and thus remain at a record level. As in previous quarters, the growth drivers were the Automotive Technology and Industrial Electronics segments. The Communication Technology segment posted another rise in sales and positive earnings in the second quarter, greatly reducing the losses it had previously reported. The action taken to reduce costs further and lift volume sales are therefore starting to have an effect. For the full year we are therefore sticking to our forecast of an EBIT margin of around 3 percent and positive Group earnings.

In our view, the fact that all segments once again acquired new customers in the first six months of the year confirms the company's position on the market as an innovation leader. However, that requires continued selective investment to ensure that we remain competitive in the marketplace. Through our innovative products, which offer our customers high added value, we want to play our part in

creating intelligent solutions for the future-oriented energy efficiency and environmental technology trends. Successfully positioning our products in these markets will enable us to raise the value of the company and, at the same time, secure our role as a reliable partner for our customers.

InTiCa Systems is on course to meet those goals.

Passau, August 2011

Yours,

Walter Brückl Günther Kneidinger Chairman of the Member of the Board of Directors Board of Directors

Group Management Report

for the period from January 1 to June 30, 2011

General economic conditions

The German Institute for Economic Research (DIW) expects the positive development of the German economy to continue in 2011. Despite slower economic growth in the second quarter, it is forecasting growth of 3 percent for 2011 as a whole. For 2012 it still anticipates clear growth of 1.8 percent. The economic momentum in Germany is being driven mainly by high demand from fast-growing emerging markets for high-quality capital goods, but is increasingly becoming more broadly based. For instance, domestic capital expenditures in particular are providing growth impetus. According to the DIW, the global economic trend is set to slow slightly in the second half of the year as economic stimulus packages are coming to an end and rising inflation is resulting in more restrictive monetary policies, especially in emerging markets. Moreover, the ongoing debt crisis in the euro zone and the spectre of a US budget crisis represent further risks to the positive global economic trend.

InTiCa Systems' share price performance1)

Shares in InTiCa Systems AG made a good start to the first quarter 2011, with the share price rising from EUR 4.25 to EUR 5.10 in January. They then traded sideways at around EUR 5 in February, before dipping to EUR 4.01 in March in the wake of the natural disaster in Japan and the temporary

downturn on the world's capital markets. The share subsequently rallied and the price stabilized at above EUR 5. Following a slight downward correction, in June and July the share traded in a range between EUR 4.50 and EUR 5.00. At the start of August, the increasing uncertainty resulting from the European debt crisis and the persistently poor economic and financial situation in the USA led to a sharp downtrend on the international financial markets, which shares in InTiCa Systems were unable to escape. The share hit a low of EUR 3.22 on August 9, 2011. It subsequently recovered and was EUR 3.90 at the close of Xetra trading on August 17.

In the first six months of this year we provided timely information for our shareholders and the general public on current business trends, specific events and the company's prospects. At the Annual General Meeting on July 8, 2011 shareholders were able to find out about the company's performance in 2010 and the current situation at InTiCa Systems. The presentation and speech given at this year's Annual General Meeting and the results of the votes on the resolutions can be accessed on the company's homepage at Investor Relations/Annual General Meeting [available in German only].

Key data on the stock

ISIN	DE0005874846
WKN	587 484
Stock exchange symbol	IS7
Symbol Reuters / Bloomberg	IS7G.DE / IS7:GR
Trading segment	Regulated Market
Transparency level	Prime Standard
Listed	XETRA® , Frankfurt, Hamburg, Berlin, Munich, Stuttgart, Düsseldorf
Prime sector	Technology
Indices	CDAX, DAXsector All Technology, DAXsector Technology, DAXsubsector All Communications Technology, DAXsubsector Communications Technology, Prime All Share, Technology All Share
Designated sponsor	BankM - Repräsentanz der biw Bank für Investments und Wertpapiere AG
Research coverage	BankM - Repräsentanz der biw Bank für Investments und Wertpapiere AG, Performaxx
Number of shares	4,287,000
Capital stock	EUR 4,287,000
Stock category	No-par common bearer shares

Shareholder Structure

On August 01, 2011 the major shareholders were:	Shareholding
Thorsten Wagner	more than 15%
Dr. Dr. Axel Diekmann	more than 10%
UBS Global Asset Management (Deutschland) GmbH	more than 5%
KST Beteiligungs AG	more than 5%
bcm Invest GmbH	more than 3%
Dr. Paul and Maria Grohs	more than 3%
Karl Kindl	more than 3%
InTiCa Systems AG	1.5%

Directors' Dealings in H1

Date	Reporting person	Board Member	Buy/Sale	Amount		Price in EUR Volume in EUR	Exchange
	Jun 01, 2011 Detlef Hölzel	Supervisory Board	Buy	1,000	4.979	4,979	Direct trade
	Jun 17, 2011 Christian Fürst	Supervisory Board	Buy	1,000	4.65	4,650	Xetra

Earnings, asset and financial position

In the first half of 2011, the Group's earnings position improved further compared with the previous year. The dynamic growth in the Automotive Technology and Industrial Electronics segments continued, enabling the Group to lift sales roughly 64 percent to EUR 22.6 million (H1 2010: EUR 13.8 million). At the same time, EBIT increased to EUR 0.8 million (H1 2010: EUR 0.002 million) and net income was EUR 0.4 million at the end of the first six months. The equity ratio remained stable at a sound 47 percent in the first half of the year (December 31, 2010: 48 percent). In view of the increase in inventories and trade receivables resulting from the rise in sales, the Group registered a net cash outflow for operating activities of EUR 0.9 million. However, cash and cash equivalents were unchanged from December 31, 2010 at EUR 1.1 million.

Earnings position

The Group's sales advanced by about 64 percent to EUR 22.6 million in the first half of 2011, a substantial increase from EUR 13.8 million in H1 2010. The EUR 0.6 million drop in sales to EUR 5.7 million in the Communication Technology segment (H1 2010: EUR 6.3 million) was offset by a clear rise in sales in the Industrial Electronics and Automotive Technology segments. The Industrial Electronics segment grew sales 183 percent to EUR 9.7 million (H1 2010: EUR 3.4 million) while sales surged 79 percent to EUR 7.2 million in the Automotive Technology segment (H1 2010: EUR 4.0 million). The Industrial Electronics segment now posts the highest sales in the InTiCa Systems Group.

Year-on-year the material expense ratio increased from 61 percent to 67 percent of total output, mainly because of the product portfolio. The personnel expense ratio was 14 percent (H1 2010: 21 percent). However, it should be noted that expenses of EUR 0.45 million for agency staff in the Czech Republic were shown under "Other expenses" in the reporting period. If these expenses are included in personnel expense, the personnel expense ratio would be 16 percent. Capital expenditures undertaken in the past for property, plant and equipment and intangible assets increased depreciation and amortization to EUR 2.3 million (H1 2010: EUR 2.0 million). Other expenses increased significantly from EUR 1.5 million in the prior year to EUR 2.3 million as expected. This was mainly due to the rise in freight costs and expenses for agency personnel resulting from the rise in sales.

R&D expenses amounted to EUR 1.3 million in H1 2011, around the same level as in the previous year (H1 2010: EUR 1.3 million).

EBITDA increased by around 58 percent year-on-year to EUR 3.2 million (H1 2010: EUR 2.0 million). Looking solely

at the second quarter, EBITDA increased by around 64 percent from EUR 1.1 million in Q2 2010 to EUR 1.8 million in Q2 2011.

EBIT also improved considerably compared with the previous year, from EUR 0.002 million to EUR 0.8 million. Reasons for this pleasing trend were the clear reduction in the loss in the Communication Technology segment to EUR 0.1 million (H1 2010: loss of EUR 0.6 million), due to process optimization and the focus on higher margin products, and the positive earnings contributions from the Automotive Technology and Industrial Electronics segments. EBIT rose from EUR 0.2 million to EUR 0.5 million in the Automotive Technology segment and from EUR 0.3 million to EUR 0.4 million in the Industrial Electronics segment. The EBIT margin was around 7 percent in Automotive Technology (H1 2010: 5 percent) and around 4 percent in Industrial Electronics (H1 2010: 10 percent). The decline in the margin in the Industrial Electronics segment was due to the need to raise inventories (finished goods and work in process are only valued at the cost of production) and the allocation of a higher proportion of overheads to this segment due to its higher share of sales.

The financial result was minus EUR 0.3 million in H1 2011 (H1 2010: minus EUR 0.2 million). Overall, net income was EUR 0.4 million at the end of the first six months (H1 2010: net loss of EUR 0.2 million). Earnings per share (diluted and undiluted) were thus EUR 0.09 (H1 2010: minus EUR 0.05).

Non-current assets

Since capital expenditures for property, plant and equipment and intangible assets were lower than the corresponding depreciation and amortization, non-current assets decreased slightly from EUR 26.3 million as of December 31, 2010 to EUR 25.4 million as of June 30, 2011.

Current assets

Current assets rose strongly in the first six months of 2011 from EUR 13.4 million to EUR 17.7 million. This was mainly due to the increase in inventories and trade receivables resulting from the higher business volume. Inventories increased from EUR 5.8 million to EUR 8.3 million in the reporting period due to customer orders, while trade receivables also rose from EUR 6.1 million to EUR 7.8 million due to the significant rise in sales. Cash and cash equivalents totalled EUR 1.1 million on June 30, 2011 and were thus unchanged over the reporting period (December 31, 2010: EUR 1.1 million).

Liabilities

InTiCa Systems' current liabilities increased by around 32 percent from EUR 8.5 million to EUR 11.2 million in the first six months of 2011. This was mainly due to the increase in

current interest-bearing debt for the pre-financing of orders on hand from EUR 2.9 million to EUR 4.7 million, and a rise in trade payables from EUR 4.3 million to EUR 5.0 million. Repayment instalments decreased non-current interestbearing debt as scheduled in the reporting period from EUR 10.1 million to EUR 9.7 million.

Equity

The Group's equity rose roughly 7 percent from EUR 18.9 million as of December 31, 2010 to EUR 20.2 million as of June 30, 2011. Thanks to the sale of treasury stock and positive net income in the first six months, the capital reserve increased from EUR 14.4 million to EUR 15.4 million while treasury stock declined from EUR 0.21 million to EUR 0.06 million. In the same period, the currency translation reserve increased from EUR 0.4 to EUR 0.6 million. The equity ratio contracted slightly from 48 percent to 47 percent in the first six months owing to higher debt.

Liquidity and cash flow statement

The cash flow from operating activities was minus EUR 0.9 million in the first six months of 2011 (H1 2010: minus EUR 0.2 million). The outflow of funds was mainly attributable to the increase in inventories and trade receivables and to expenses for interest payments. Excluding interest payments, the cash outflow for operating activities was EUR 0.6 million (H1 2010: outflow of EUR 0.03 million).

The net cash outflow for investing activities declined from EUR 3.5 million in H1 2010 to EUR 1.2 million in H1 2011. Around EUR 0.4 million of the cash outflow was for capital expenditures on property, plant and equipment (H1 2010: outflow of EUR 2.5 million) while investment in intangible assets resulted in an outflow of EUR 0.8 million (H1 2010: outflow of EUR 1.1 million).

Thanks to the proceeds from the sale of treasury stock, the net cash inflow from financing activities was EUR 0.7 million, a substantial EUR 0.4 million higher than a year earlier (H1 2010: outflow of EUR 0.1 million). In the reporting period, outflows were exclusively for repayment instalments on loans (EUR 0.35 million).

Cash and cash equivalents less current account credit lines drawn amounted to minus EUR 2.9 million as of June 30, 2010 (H1 2010: EUR 0.2 million). Moreover, InTiCa Systems has assured credit facilities which can be drawn at any time totalling EUR 4.0 million.

Employees

The number of employees decreased from 447 as of December 31, 2100 to 431 as of June 30, 2011 (including temporary staff in both cases). The average headcount in the first half of 2011 was 446.

Risks and opportunities

The management report in the annual report for 2010 provides full details of risk factors that could affect the business performance of InTiCa Systems in section 10 "Risk management and risk report" while business potential is discussed in section 12 "Opportunities". There was no material change in the risk/opportunity profile of InTiCa Systems AG in the reporting period.

Events after the end of the reporting period

No material events have occurred since the reporting date on June 30, 2011.

Outlook

At present the Board of Directors sees no reason to alter its guidance for fiscal 2011, including its sales forecasts for the Group and the individual segments, given in the report on the first three months of 2011. The Board of Directors still expects sales of over EUR 40 million in 2011 which corresponds to a growth of more than 35% compared to fiscal 2010. The high-growth Automotive Technology and Industrial Electronics segments are expected to account for around 79 percent of consolidated sales in 2011.

Orders on hand increased from around EUR 24 million on June 30, 2010 to over EUR 42.5 million as of June 30, 2011 so it is highly likely that the Group will achieve its sales target for fiscal 2011.

In view of the successful expansion of the product range, the positive development of orders on hand, the successful entry into new markets and the increase in value added resulting from new production capacity, the Board of Directors of InTiCa Systems AG expects the group to achieve an earnings turnaround in 2011 and an EBIT margin of around 3 percent. For 2012 the Board of Directors assumes further growth in sales and earnings provided that the economic trend remains positive.

Further information on the expectations for the individual segments is set out in section 14 "Outlook" in the management report published in the annual report for 2010 and in the "Outlook" section of the report on the first three months of this year.

Consolidated interim financial statements in accordance with IFRS

The unaudited consolidated interim financial statements for InTiCa Systems AG and its subsidiaries as of June 30, 2011 have been drawn up in accordance with the International Financial Reporting Standards (IFRS), as applicable for use in the European Union, and the supplementary commercial law regulations set out in sec. 315a paragraph 1 of the German Commercial Code (HGB). No audit review has been conducted of the consolidated interim financial statements.

Consolidated Financial Statements

for the period from January 1 to June 30, 2011

Consolidated Balance Sheet

of InTiCa Systems AG in accordance with IFRS/IAS as of June 30, 2011

Assets	Jun 30, 2011 EUR ´000	Dec 31, 2010 EUR ´000
Non-current assets
Intangible assets	5,375	5,386
Property, plant and equipment	17,276	17,921
Other nun-current receivables	1,500	1,500
Deferred taxes	1,276	1,513
Total non-current assets	25,427	26,320
Current assets
Inventories	8,342	5,835
Trade receivables	7,772	6,128
Tax assets	21	9
Other current receivables	493	283
Cash and cash equivalents	1,104	1,099
Total current assets	17,732	13,354
Total assets	43,159	39,674

Equity and liabilities	Jun 30, 2011 EUR ´000	Dec 31, 2010 EUR ´000
Equity
Capital stock	4,287	4,287
Treasury stock	-64	-210
General capital reserve	15,389	14,426
Profit reserve	2	0
Currency translation reserve	589	440
Total equity	20,203	18,943
Non-current liabilities
Non-current financial liabilities	9,741	10,088
Deferred taxes	2,057	2,124
Total non-current liabilities	11,798	12,212
Current liabilities
Other current provisions	819	683
Current financial liabilities	4,664	2,893
Trade payables	5,031	4,252
Other current liabilities	644	691
Total current liabilities	11,158	8,519
Total equity and liabilities	43,159	39,674
Equity ratio	47%	48%

Consolidated Statement of Comprehensive Income

of InTiCa Systems AG in accordance with IFRS/IAS for the period from January 1 to June 30, 2011

	Q2 2011 EUR ´000	Q2 2010 EUR ´000	H1 2011 EUR ´000	H1 2010 EUR ´000	Change H1 2011 vs. 2010
Sales	11,689	7,382	22,577	13,752	64.2%
Other operating income	324	190	568	298	90.6%
Changes in finished goods and work in process	884	480	1,482	610	143.0%
Other own costs capitalized	325	450	730	925	-21.1%
Material expense	8,582	5,134	16,696	9,309	79.4%
Personnel expense	1,610	1,497	3,202	2,832	13.1%
Depreciation and amortization	1,197	1,089	2,319	1,992	16.4%
Other expenses	1,238	798	2,307	1,450	59.1%
Operating profit (loss) / (EBIT)	595	-16	833	2	-
Cost of financing	156	127	299	251	19.1%
Other financial income	10	10	21	30	-30.0%
Profit (loss) before taxes	449	-133	555	-219	-
Income taxes	200	12	171	3	-
Net profit (loss) for the period	249	-145	384	-222	-
Other comprehensive income
Exchange differences from translating foreign business operations	-48	-202	149	156	-4.5%
Deferred taxes from translating foreign business operations	0	0	0	0
Other comprehensive income, after taxes	-48	-202	149	156	-4.5%
Total comprehensive income for the period	201	-347	533	-66	-
Earnings per share (diluted/basic in EUR)	0.06	-0.03	0.09	-0.05	-
EBITDA	1,792	1,073	3,152	1,994	58.1%

Consolidated Cash Flow Statement

of InTiCa Systems AG in accordance with IFRS/IAS for the period from January 1 to June 30, 2011

	H1 2011 EUR ´000	H1 2010 EUR ´000
Cash flow from operating activities
Net result for the period	384	-222
Income tax expenditures / receipts	171	3
Cash outflow for borrowing costs	299	251
Income from financial investments	-21	-30
Depreciation and amortization of non-current assets	2,319	1,992
Other non-cash transactions	-269	156
Increase/decrease in assets not attributable to financing or investing activities
Inventories Trade receivables Other assets	-2,507 -1,643 -226	-2,090 -1,765 -175
Increase/decrease in liabilities not attributable to financing or investing activities
Other current provisions Trade payables Other liabilities	136 779 27	-3 1,902 12
Cash flow from operating activities	-551	31
Cash inflow/outflow for income taxes	-13	1
Cash outflow for interest payments	-373	-246
Net cash flow for operating activities	-937	-214
Cash flow for investing activities
Increase/decrease in financial assets due to short-term financial management	0	0
Cash inflow from interest payments	37	16
Cash outflow for intangible assets	-820	-1,056
Cash outflow for property, plant and equipment	-425	-2,473
Net cash flow for investing activities	-1,208	-3,513
Cash flow from financing activities
Expenses for the sale of treasury stock	-11	0
Cash inflow from the sale of treasury stock	738	0
Cash outflow for loan repayment installments	-347	-125
Net cash flow from financing activities	380	-125
Total cash flow	-1,765	-3,852
Cash and cash equivalents at start of period	-1,093	4,065
Impact of changes in exchange rates on cash and cash equivalents held in foreign currencies	0	0
Cash and cash equivalents at end of period	-2,858	213

Consolidated Statement of Changes in Equity

of InTiCa Systems AG in accordance with IFRS/IAS for the period from January 1 to June 30, 2011

	Capital stock EUR ´000	Treasury stock EUR ´000	Paid-in capital EUR ´000	Retained earnings EUR ´000	Currency translation reserve EUR ´000	Total equity EUR ´000
As of January 1, 2010	4,287	-210	14,808	1,793	229	20,907
Net result H1 2010	0	0	0	-222	0	-222
Other comprehensive income, after taxes H1 2010	0	0	0	0	156	156
Total comprehensive income for H1 2010	0	0	0	-222	156	-66
As of June 30, 2010	4,287	-210	14,808	1,571	385	20,841
As of January 1, 2011	4,287	-210	14,427	0	440	18,944
Net result H1 2011	0	0	382	2	0	384
Other comprehensive income, after taxes H1 2011	0	0	0	0	149	149
Total comprehensive income for H1 2011	0	0	382	2	149	533
Sale of shares	0	146	591	0	0	737
Expenses for the sale of shares	0	0	-11	0	0	-11
As of June 30, 2011	4,287	-64	15,389	2	589	20,203

(Rounding difference -1)

Consolidated Financial Statements Notes to the

for the period from January 1 to June 30, 2011

Accounting based on the International Financial Reporting Standards (IFRS)

The consolidated interim financial statements as of June 30, 2011, prepared in accordance with International Accounting Standard (IAS) 34 "Interim Financial Reporting", use the same accounting policies and valuation methods as the consolidated financial statements for fiscal 2010, which were drawn up in accordance with the International Financial Reporting Standards valid as of the reporting date, as applicable for use in the European Union, and the relevant Interpretations. A detailed overview can be found in the Notes to the Financial Statements in the annual report for 2010.

This is available at Investor Relations/Publications on the company's website at http://www.intica-systems.de.

Scope of consolidation

There has been no change in the scope of consolidation of InTiCa Systems AG compared with fiscal 2010. Alongside the parent company in Passau, Germany, the consolidated interim financial statements include two foreign subsidiaries, InTiCa Systems Ges.mbH, Neufelden, Austria, and InTiCa Systems s.r.o., Prachatice, Czech Republic. The parent company has a stake of 100% in both subsidiaries.

Consolidated income statement

In the first six months of 2011, the Group grew sales 64 percent from EUR 13,752 thousand in the previous year to EUR 22,577 thousand due to strong growth in the Automotive Technology and Industrial Electronics segments. As a result, EBITDA increased by around 58 percent to EUR 3,152 thousand (H1 2010: EUR 1,994 thousand). Depreciation and amortization increased to EUR 2,319 thousand (H1 2010: EUR 1,992 thousand) as a result of capital expenditures. Overall, the Group reported net income of EUR 384 thousand in H1 2011 (H1 2010: net loss of EUR 222 thousand).

Consolidated balance sheet and cash flow statement

The capital stock of InTiCa Systems AG was EUR 4,287,000 as of June 30 2011 and is divided into 4,287,000 no-par bearer shares, with a theoretical pro rata share of the capital stock of EUR 1.00 per share. Cash and cash equivalents increased slightly from EUR 1,099 thousand as of December 31, 2010 to EUR 1,104 thousand as of June 30, 2011. The increase of EUR 2,507 thousand in inventories, the rise of EUR 1,643 thousand in trade accounts receivable and the capital expenditures of EUR 1,245 thousand in connection with the expansion of business operations were countered by proceeds of EUR 738 thousand from the sale of treasury stock, an increase of EUR 779 thousand in trade payables,

Segment report as of June 30, 2011 Segment sales and segment earnings

Segment	Communication Technology		Automotive Technology		Industrial Electronics		Total
In EUR ´000	H1 2011	H1 2010	H1 2011	H1 2010	H1 2011	H1 2010	H1 2011	H1 2010
Sales	5,681	6,312	7,177	4,011	9,719	3,429	22,577	13,752
EBIT	-92	-559	498	220	427	341	833	2

Key financial figures	H1 2011 EUR ´000 or %	H1 2010 EUR ´000 or %	Change 2011 vs. 2010
EBITDA	3,152	1,994	58.1%
Net margin	1.7%	-1.6%
Pre-tax margin	2.5%	-1.6%
Material cost ratio	67.4%	60.9%
Personnel cost ratio	14.2%	20.6%
EBIT margin	3.7%	0.01%
Gross profit margin	32.6%	36.7%

depreciation and amortization of EUR 2,319 thousand, and an increase in credit lines.

Authorized capital

The Board of Directors is authorized by a resolution of the Annual General Meeting of May 24, 2007 to increase the capital stock with the Supervisory Board's consent, up to May 24, 2012, by a total of up to EUR 1,672,500.00 in return for cash or contributions in kind under exclusion of shareholders subscription rights (authorized capital 2007/1).

Events after the reporting date

Material events after the reporting date (June 30, 2011) are outlined in the section on material changes since the end of the reporting period in the management report.

German Corporate Governanace Code and declaration of conformance

In compliance with sec. 161 of the German Stock Corporation Act (AktG), the Board of Directors and Supervisory Board have made their current declaration of conformance with the German Corporate Governance Code available permanently to shareholders on the company's website at http://www.intica-systems.de, Investor Relations/ Corporate Governance.

Other information

The Board of Directors and Supervisory Board do not have any stock options or other stock subscription rights within the meaning of sec. 160 paragraph 1 nos. 2 and 5 of the German Stock Corporation Act (AktG).

Treasury shares held by InTiCa Systems AG comprised 64,430 units as of June 30, 2011. Treasury shares are not eligible for the dividend and have no voting rights at the company's Annual General Meeting in Passau, Germany, on July 8, 2011.

No material transactions were conducted with related parties in the reporting period.

Responsibility Statement

(in accordance with sec. 37v paragraph 2 no. 3 WpHG)

We hereby declare that, to the best of our knowledge and in accordance with the applicable reporting principles, the consolidated financial statements as of June 30, 2011 give a true and fair view of the assets, liabilities, financial position and profit or loss of the Group and that the management report for the Group includes a fair review of the development and performance of the business from January 1 to June 30, 2011 and the position of the Group, together with a description of the principal opportunities and risks associated with the expected development of the Group.

Passau, August 18, 2011

The Board of Directors

Chairman of the Member of the Board of Directors Board of Directors

Walter Brückl Günther Kneidinger

Financial Calendar 2011

August 25, 2011 Publication of Interim Financial Statements for H1 2011

November 21, 2011 Publication of Interim Financial Statements for the first nine months 2011

November 23, 2011 German Equity Forum in Frankfurt

Headquarters:

InTiCa Systems AG Spitalhofstraße 94 94032 Passau Germany

Phone +49 (0) 851 96692-0 Fax +49 (0) 851 96692-15

www.intica-systems.de