Syzygy AG

Earnings Release • May 4, 2007

News Details

Ad-hoc | 4 May 2007 09:55

Syzygy AG: Operating income increases by 56 per cent

Syzygy AG / Quarter Results

Release of an Ad hoc announcement according to § 15 WpHG, 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 kEUR 5,488, 20% growth compared to Q1-2006
  -­ Operating income (EBIT) kEUR 505, 56% growth year-on-year
• Net income of kEUR 679
• Earnings per share EUR 0.05
• Liquid assets of EUR 23.8 million (equals EUR 1.99 per share)

Frankfurt, May 4, 2007

In the first quarter of 2007, Syzygy generated sales of EUR 5.5 million
compared to EUR 4.6 million in the same period of the previous year.
Accordingly, sales rose by 20%. The operating income (EBIT) of kEUR 505
corresponds to an EBIT margin of 9.2%. Net income amounts to kEUR 679
(previous year: kEUR 670). After minority interest, this equals to earnings
per share of EUR 0.05.

The operating cash flow amounted to kEUR 407. Liquid assets decreased to
EUR 23.8 million as of March 31, 2007, due to the special distribution of
dividends in February as well as the acquisition of Unique Digital
Marketing Ltd. Thus, the current cash portion equals EUR 1.99 per share.
Financial income reached kEUR 544, leading to a yield of 6.5% on average
liquidity reserves.

              Q1-2007       Q1-2006    Diff.       Q4-2006     Diff.

Sales kEUR 5,488 kEUR 4,589 19.6% kEUR 5,511 -0.4%

EBIT kEUR 505 kEUR 323 56.3% kEUR 361 39.9%

EBIT margin 9.2% 7.0% 2.2 pp 6.6% 2.6 pp

Net income kEUR 679 kEUR 670 1.3% kEUR 492 38.0%

EPS EUR 0.05 EUR 0.06 -16.7% EUR 0.03 66.7%

The order backlog for the coming quarter exceeds the level of last year’s
period considerably. For the next quarter, Syzygy anticipates a significant
growth in sales and for the first time a double-digit return on sales.
Further, Syzygy confirms the anticipated target of doubling its operating
income.

The quarterly report can be downloaded at http://www.syzygy.net under
section 'Investor Relations'.

Contact:
Syzygy AG
Investor Relations
Im Atzelnest 3
61352 Bad Homburg
Tel: ++49(0)6172-9488-251
Fax: ++49(0)6172-9488-272
ir@syzygy.de
www.syzygy.net

DGAP 04.05.2007

Language: English
Issuer: Syzygy AG
Im Atzelnest 3
61352 Bad Homburg Deutschland
Phone: ++49 (0)6172/9488-100
Fax: ++49 (0)6172/9488-272
E-mail: ir@syzygy.net
www: www.syzygy.net
ISIN: DE0005104806
WKN: 510480
Indices: Prime All Share, Prime Standard
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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