InTiCa Systems AG

Earnings Release • Aug 3, 2012

News Details

Ad-hoc | 3 August 2012 12:17

InTiCa Systems AG: Adjustment of annual forecast due to continued economic downturn

InTiCa Systems AG / Key word(s): Forecast

03.08.2012 12:17

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Passau, August 3, 2012 - InTiCa Systems AG (ISIN DE0005874846, Prime
Standard) announces that for the current fiscal year 2012, the previous
forecast of a slight decline in sales but stable earnings is no longer to
be reached as a result of the worldwide advanced deterioration of general
economic conditions during the last few weeks accompanied at the same time
with a continuing high level of competition.

In the recent past, this situation resulted in customer caused delays of
new product launches and production ramp-ups, which were scheduled for the
second half of 2012. Therefore, from today's perspective and taking into
account the now increasing overall economic uncertainty, the Board of
Directors anticipates a noticeable decline in sales and earnings
performance. Despite this development, the Board of Directors still expects
a significant improvement in the Group's liquidity situation in the low
single-digit millions.

Detailed information about the business development during the first six
months in 2012 will be published as scheduled on August 21, 2012 with the
submission of the full semi-annual report.

InTiCa Systems AG

The Board of Directors

About InTiCa Systems:

InTiCa Systems is a European leader in the development, manufacture and
commercialization of inductive components, passive analogue switching
technology and mechatronic assemblies. It operates in the Automotive
Technology, Communication Technology and Industrial Technology segments and
has ca. 410 employees at its sites in Passau (Germany) and Prachatice
(Czech Republic).

The Automotive Technology segment focuses on innovative products that raise
the comfort and safety of cars, improve the performance of electric and
hybrid vehicles and reduce carbon emissions. InTiCa Systems' Communication
Technology segment is the German market leader in splitters for the
transmission of broadband signals, while the Industrial Electronics segment
develops and manufactures mechatronic assemblies for the solar industry and
other industrial applications.

Forward-looking statements and predictions

This press release contains statements and forecasts referring to the
future development of InTiCa Systems AG which are based on current
assumptions and estimates by the management that are made using information
currently available to them. If the underlying assumptions do not
materialize, the actual figures may differ substantially from such
estimates. Future developments and results are in fact dependent on a large
number of factors; they contain different risks and imponderables and are
based on assumptions that may not be accurate. We neither intend nor assume
any obligation to update forward-looking statements on an ongoing basis as
these are based exclusively on the circumstances prevailing on the date of
publication.

CONTACT Walter Brückl | CEO
PHONE +49 (0) 851 - 966 92 - 0
FAX +49 (0) 851 - 966 92 - 15
MAIL investor.relations@intica-systems.de

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Language: English
Company: InTiCa Systems AG
Spitalhofstraße 94
94032 Passau
Germany
Phone: 0851 / 96692 0
Fax: 0851 / 96692 15
E-mail: investor.relations@intica-systems.de
Internet: www.intica-systems.de
ISIN: DE0005874846
WKN: 587484
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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