NorCom Information Technolgoy GmbH & Co. KGaA

Earnings Release • May 5, 2006

News Details

Corporate | 5 May 2006 10:01

NorCom announcing preliminary figures for the first quarter of 2006

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— PRESS RELEASE NorCom announcing preliminary figures for the first quarter of 2006 – good start to the new fiscal year – on track to meet guidance – Revenues up 16 percent on the year-ago quarter – EBITDA up 55 percent on the year-ago quarter – Efforts to extend the NCPower Product Suite being stepped up Munich, May 5, 2006 – NorCom Information Technology AG entered the new fiscal year on a strong note. At around € 5.7 million, consolidated revenues in the first quarter of 2006 were up 16% compared with around € 4.9 million last year. At the earnings level, the NorCom Group achieved an EBITDA of around € 597.000, compared with 384.400 € in the 1st quarter of 2005. After deducting depreciation and amortization, EBIT came in at around € 362,620 following on from the break-even figure achieved in the year-ago quarter. All told, revenues and earnings were already very strong in the first quarter even though the coming quarters are traditionally the busier ones. As the year progresses, NorCom expects generally positive business performance and will be systematically extending its market position in the media and broadcasting segments. A key milestone in efforts to extend the NCPower product suite was achieved in the first quarter of 2006, when the NorCom Group signed a contract with the Norwegian Broadcasting Corporation for the delivery of a new type of comprehensive digital music archive. What makes this new system so innovative is that the entire management of music data including the digital input and archiving is handled within a homogenous process chain and controlled via a uniform user interface. According to a study by Frost & Sullivan, digital archives have a potential market value of around USD 1.2 billion in the broadcast sector over the next three years. Additional growth potential will be harnessed from a partnership venture forged in April 2006 with one of the leading operators of IPTV technologies. NorCom plans to supplement its newsroom system with IPTV functions and to enter the emerging IPTV market. At the world’s largest media fair in April (NAB in Las Vegas), NorCom unveiled the Apple News Production System for the first time. As a result, it is the world’s first company to offer a fully Apple-based production solution including video, audio, graphics and automation. NorCom and Apple will be embarking on an extensive road show in May and June covering 16 European cities and 26 dates to ensure a successful launch for this product. 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 Susan Hoffmeister-Becker (Investor Relations) Tel +49 – 89 – 93948-248 Fax +49 – 89 – 93948-111 aktie@norcom.de (c)DGAP 05.05.2006 ————————————————————————— language: English emitter: Norcom AG Stefan-George-Ring 23 81929 München Deutschland phone: +49 (0)89 93948-248 fax: +49 (0)89 93948-111 email: aktie@norcom.de WWW: www.norcom.de ISIN: DE0005250302 WKN: 525030 indexes: stockmarkets: Geregelter Markt in Frankfurt (General Standard) End of News DGAP News-Service —————————————————————————