EANS-Adhoc: Syzygy AG / Syzygy raises earnings per share by 19% / currency effects hamper growth

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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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29.10.2009

Despite recession, Syzygy AG will be able to improve earnings per share in
2009. In the period under review, the Group generated earnings per share of 25
Cent, corresponding to an increase of 19 per cent compared to the first nine
months of 2008.

Gross sales were down slightly by 1 per cent to EUR 56.1 million, net sales
fell by 6 per cent to EUR 21.7 million. Given a constant rate of exchange, net
sales would have been almost identical in 2008 and 2009, gross sales would have
improved by 6 per cent.

The general economic situation, currency effects and the end of agency
commissions paid by Google impacted the operating income, which fell by 20 per
cent to EUR 3 million. The financial income developed positively from EUR
737,000 to EUR 943,000 (+28%). Net income reduced by 4 per cent to EUR 3
million (previous year: EUR 3.1 million).

|             |9M-2009|9M-2008 |Diff.   |Q3-2009 |Q3-2008 |Diff.   |
|Gross sales  |56,100 |56,551  |-1%     |16,540  |20,683  |-20%    |
|(EUR`000)    |       |        |        |        |        |        |
|Net sales    |21,683 |23,164  |-6%     |6,695   |8,329   |-20%    |
|(EUR`000)    |       |        |        |        |        |        |
|EBITA        |3,033  |3,806   |-20%    |902     |1,298   |-31%    |
|(EUR`000)    |       |        |        |        |        |        |
|EBITA margin |14%    |16%     |-2pp    |13%     |16%     |-3pp    |
|Financial    |943    |737     |+28%    |401     |223     |80%     |
|income       |       |        |        |        |        |        |
|(EUR`000)    |       |        |        |        |        |        |
|Net income   |2,967  |3,089   |-4%     |913     |1,034   |-12%    |
|(EUR`000)    |       |        |        |        |        |        |
|Earnings per |0.25   |0.21    |+19%    |0.08    |0.07    |+14%    |
|share (EUR)  |       |        |        |        |        |        |

Syzygy AG does not expect the general economic environment to improve beyond
the current financial year. Furthermore, currency effects may hamper the growth
of the Group. Nevertheless, Syzygy expects to raise earnings per share from 30
Cent to 33 Cent in 2009.

The 9-month-report will be issued on October 29, 2009 and can be
downloaded at http://www.syzygy.net in the Investor Relations
section.

Further inquiry note:
Katrin Schreyer
Telefon: +49/6172-9488251
E-Mail: ir@syzygy.net
Ende der Mitteilung euro adhoc
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issuer:   Syzygy AG
          Im Atzelnest  3
          D-61352 Bad Homburg
phone:    +49(0)6172 9488-100
FAX:      +49(0)6172 9488-272
mail:     ir@syzygy.net
WWW:      http://www.syzygy.net
sector:   Online
ISIN:     DE0005104806
indexes:  CDAX, Prime All Share, Technologie All Share

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

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