EANS-Adhoc: Synaxon AG: Preliminary figures for Q1 2011 / improvement of sales and earnings

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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11.05.2011

Based on provisional figures, Synaxon AG was able to increase consolidated
sales in the Q1 2011 by 39.3% to EUR 5,951,000 (previous year: EUR 4,273,000).
This growth is attributable both to the IT cooperation business as well as
the E-Commerce / central trading division.
Operating income (EBIT) increased during the same period to EUR 339,000
(previous year: EUR 17,000); the annual consolidated net income increased to
EUR 219,000 (previous year: EUR 15,000). At the end of the quarter, the
earnings per share (EPS) came to EUR 0.06 (previous year: EUR 0.01).
As already reported in the 2010 annual report, the company still anticipates
operating income for the whole of 2011 of at least EUR 0.6 million. Given
the seasonal nature of the IT industry, the largest contribution to
business development is expected in the fourth quarter.
The complete financial report for Q1 2011 with final figures for the period
will be published May 31, 2011.

Further inquiry note:
Investor Relations
Tel.: +49 521/ 96 96-292
E-Mail: [email protected]
end of announcement euro adhoc
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issuer:      SYNAXON AG
             Eckendorfer Strasse 2 - 4
             D-33609 Bielefeld
phone:       +49(0)521 9696 200
FAX:         +49(0)521 9696 296
mail:        [email protected]
WWW:         http://www.synaxon.de
sector:      Hardware
ISIN:        DE0006873805
indexes:     CDAX

stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

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