NorCom Information Technolgoy GmbH & Co. KGaA

Earnings Release • Jul 28, 2006

News Details

Ad-hoc | 28 July 2006 09:52

NorCom releasing final first-half figures

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— ADHOC BULLETIN NorCom releasing final first-half figures – Consolidated sales of € 13.1 million in line with forecast – EBITDA of EUR 1.2 million and EBIT of 0.8 million Munich, July 28, 2006 – NorCom Information Technology AG, which is listed in the General Standard of the Frankfurt stock exchange, has today published its sales and earnings figures for the first half of 2006. In the first half of 2006, NorCom Information Technology AG recorded consolidated sales of € 13.1 million, an increase of around 6 percent over the previous year (€ 12.4 million). At € 13.4 million, consolidated total revenues were also roughly 6 percent up on the year-ago figure of approx. € 12.6 million. The Company achieved EBITDA of € 1.2 million in the first six months of 2006 (previous year: approx: € 1.5 million), while EBIT came in at around € 0.9 million (previous year: € 1.1 million). The decline in earnings in the first half of 2006 is primarily due to heightened capital spending on product business. For the year as a whole, the Company is still on track to achieving its forecast of a 10% increase in sales in tandem with double-digit EBIT growth thanks to the substantial year-on-year improvement in orders and the traditionally stronger second half of the year. In addition, NorCom sees potential in the Apple Content Management Production System for the second half of the year. NorCom is the world’s first company to offer a completely Apple-based TV and media production solution at prices around 60% below those for comparable systems. The Company has already achieved preliminary success, with the new Internet TV broadcaster Deutsches Anleger Fernsehen DAF, a subsidiary of Kulmbacher Börsenmedien AG, opting to use the Mac-based NCPower product. The detailed interim report on the first six months of the current fiscal year is available as of today’s date from the Company’s website at www.norcom.de. About NorCom With offices in Germany and Scandinavia, NorCom Information Technology AG is one of the leading solution providers for secure business and media applications. Listed on the regulated market segment of the Frankfurt stock exchange (DE0005250302), it offers European Top 100 companies individual consulting services and proprietary software solutions on a single-stop basis. Its range encompasses project management and overall responsibility for large-scale complex projects, business process definition, the integration of complex application structures as well as the incorporation of business processes in secure e-business solutions. NCPower is the cross-media suite (TV, radio, Internet, mobile communications) for the production, management and archiving of formats such as news. It features a modern Java and XML platform for the uniform creation of multimedia content and seamless system integration. NorCom’s customers particularly include companies in the financial-services, telecommunications, industrial and public sectors. NorCom posted revenues of roughly EUR 24.7 million in 2005. This press release can also be read at our web site at News > Presseinformationen: http://www.norcom.de/news/presseinfos/presseinfos2006.htm Further information NorCom Information Technology AG Stefan-George-Ring 23 – 81929 Munich Claudia Rönnau (Marketing) Tel +49 – 89 – 93948-233 – Fax +49 – 89 – 93948-111 Susan Hoffmeister-Becker (Investor Relations) Fon +49 – 89 – 93948-248 – Fax +49 – 89 – 93948-111 aktie@norcom.de Further information NorCom Information Technology AG Stefan-George-Ring 23 – 81929 Munich Claudia Rönnau (Marketing) Tel +49 – 89 – 93948-233 – Fax +49 – 89 – 93948-111 Susan Hoffmeister-Becker (Investor Relations) Fon +49 – 89 – 93948-248 – Fax +49 – 89 – 93948-111 aktie@norcom.de (c)DGAP 28.07.2006 ————————————————————————— Language: English Issuer: Norcom AG Stefan-George-Ring 23 81929 München Deutschland Phone: +49 (0)89 93948-248 Fax: +49 (0)89 93948-111 E-mail: aktie@norcom.de WWW: www.norcom.de ISIN: DE0005250302 WKN: 525030 Indices: Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, Stuttgart, München, Hamburg End of News DGAP News-Service —————————————————————————