NorCom Information Technolgoy GmbH & Co. KGaA

Earnings Release • May 14, 2009

News Details

Corporate | 14 May 2009 10:00

NorCom: Stable start to the first quarter of 2009

NorCom Information Technology AG / Quarter Results

Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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• Sales of EUR 7.5 million, up just on 9 percent on the previous year

Munich, May 14, 2009 - Listed in Deutsche Börse's General Standard, NorCom
Information Technology AG increased its sales in the first quarter (January
1 through March 31, 2009) to around EUR 7.5 million, up from EUR 6.9
million in the previous year. This is equivalent to an increase of just
under 9 percent.
As in the previous year, the NorCom Group broke even at the EBIT level
(earnings before interest and taxes).

EUR mn
1st quarter of 2009
Sales 7.5
EBIT +0.0
1st quarter of 2008
Sales 6.9
EBIT +0.0

Business activity
Order intake in NorCom's NCConsulting segment has remained stable at a high
level, with sales up on the previous year. This shows that the focus on
public-sector customers is paying off in these times of financial crisis.
In the software segment, in which NorCom addresses media companies, the
effects of the financial crisis are more pronounced, with general
uncertainty in this sector resulting in the postponement of capital
spending plans.
NorCom is responding to this trend with NCPower Compact, an inexpensive
out-of-the-box newsroom and production system. In April, the Company
presented NCPower Compact to an international trade audience at the
National Association of Broadcasters 2009 (NAB) in Las Vegas, United
States, the largest media technology exhibition.

Outlook
Given the uncertain economic situation, NorCom's management will be
concentrating on rendering cost structures more efficient in 2009. Product
sales are expected to rise in the second half of the year thanks to NCPower
Compact. Accordingly, the Company is well positioned to face the challenges
arising in 2009 and expects the Group as a whole to perform favorably.
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NorCom Information Technology AG (DE000525 0302)
NorCom AG is listed in Deutsche Börse AG's General Standard.

Established in 1989, the internationally active company offers
single-source consulting and software solutions.

NorCom's media solutions ensure smooth broadcasting operations for TV and
radio stations. The product range primarily entails NCPower, a planning,
production, newsroom and management system for handling all multimedia
content together with powerful archiving and research functions.

With NCPower, NorCom has evolved into a leading international innovator of
media solutions for the production and processing of multimedia content for
all distribution channels from conventional broadcasting to IPTV as well as
corporate and mobile TV.

This press release can also be downloaded from our website at
www.norcom.de/News.

Contact:
NorCom Information Technology AG
Julia Klingelhöffer, Investor Relations/PR
Gabelsbergerstraße 4
80333 München
Telefon: 089-93948-122
E-Mail: aktie@norcom.de

14.05.2009 Financial News transmitted by DGAP

Language: English
Issuer: NorCom Information Technology AG
Gabelsbergerstraße 4
80333 München
Deutschland
Phone: +49 (0)89 93948-0
Fax: +49 (0)89 93948-111
E-mail: aktie@norcom.de
Internet: www.norcom.de
ISIN: DE0005250302
WKN: 525030
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart, München,
Hamburg

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