EANS-Adhoc: Synaxon AG announces preliminary figures for first quarter 2010

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.


SYNAXON AG ISIN DE0006873805 / WKN 687 380

Ad-hoc announcement in accordance with §15 WpHG [German Securities Trading Act]

Synaxon AG announces preliminary figures for first quarter 2010

Based on the preliminary figures for the first quarter of 2010, the revenue of Synaxon AG increased by 31.0% to EUR 4,273,000 (prior year: EUR 3,262,000). The profit for the period totaled EUR 15,000 (prior year: EUR 191,000), corresponding to earnings per share of EUR 0.01 (previous year: EUR 0.06).

As previously announced, the Group continued to invest heavily during the first three months, in particular in expanding its involvement in e-commerce. Against this background, a decrease in earnings had been anticipated for the first quarter and was announced accordingly. Based on the figures reported, the Group is within budget, which forecasts EBIT of between EUR 0.2 to 0.3 million for the year despite undiminished investment activity.

The complete interim financial report with final figures for the period ending March 31, 2010 will be published May 26, 2010.

end of announcement euro adhoc

issuer: SYNAXON AG Eckendorfer Strasse 2 - 4 D-33609 Bielefeld phone: +49(0)521 9696 200 FAX: +49(0)521 9696 296 mail: info@synaxon.de 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

Rückfragen & Kontakt:

Investor Relations
Tel.: +49 521/ 96 96-292
E-Mail: ir@synaxon.de