Tilgin Interim report 1 January - 30 June

Tilgin Interim report 1 January - 30 June

Second quarter 2007
•	Net sales SEK 55.2 million (104.1).
•	Net result SEK -42.3 million (-22.2), of which non-recurring provisions for
warranty commitments as well as inventory write-downs and a provison for the
retiring CEO, have burdened the result with SEK 19.8 million.
•	Loss per share SEK -1.90 (-1.83) before dilution.
•	Order intake SEK 86.7 million (123.8) and order backlog as of 30 June 2007 SEK
72.6 million (87.5).
•	Gross margin -4 % (20 %), adjusted for inventory write-downs and provisions
for warranty commitments gross margin amounted to 25 %.
•	Operating loss SEK -41.8 million (-21.7). 
•	Cash flow from operating activities SEK 23.6 million (-25.9).
•	Cash and bank SEK 38.4 million (13.8) as of 30 June 2007.


First half of 2007
•	Net sales SEK 183.8 million (198.3).
•	Net result SEK -41.2 million (-33.6).
•	Loss per share SEK -1.85 (-2.78) before dilution.
•	Gross margin 17 % (21 %).
•	Operating loss SEK -39.7 million (-32.5).

”As expected, the weak order intake in early 2007 entailed significantly lower
sales during the second quarter. Also, the result in Q2 was burdened with large
non-recurring costs. However, due to the strong order intake so far in the third
quarter, prospects for the second half of 2007 have improved considerably.”
Ola Berglund, CEO

Phone conference:
In view of the interim report, the capital market is invited to a conference
call on Thursday 23 August. The conference will start at 09:00 CET. 
Participants may follow the conference via Internet, website
www.tilgin.com/q207, or access it by dialing UK +44 (0) 20 7806 1966 or Sweden
+46 (0)8 5352 6408. A presentation will be held available at the company's web
site.

Scheduled reports:

•	The January - September 2007 interim report will be presented on 26 October
2007.
•	The 2007 year-end report will be presented on 15 February 2008.

― End ― 

“This press release has been reported to the Swedish Financial Supervisory
Authority subject to FFFS 2007:11”. 


For further information, please contact:

Ola Berglund, CEO, Tilgin AB (publ), Phone: +46 739 61 86 03, E-mail: 
ola.berglund@tilgin.com 
Mikael Sköld, CFO, Tilgin AB (publ), Phone: +46 708 48 30 11, E-mail: 
mikael.skold@tilgin.com 

Tilgin AB (publ), Box 1240, SE-164 28 Kista, +46 8 5723 8600 (switchboard), +46
8 5723 8500 (fax), www.tilgin.com, info@tilgin.com

Tilgin designs and delivers premier IP customer premises equipment (CPE) for
advanced Triple Play and IMS-based services. Supporting the full convergence of
voice, video and data, Tilgin takes a network systems approach to CPE that
enables service providers to offer a broad range portfolio of dynamic and
differentiated next-generation broadband services. Tilgin's comprehensive
product portfolio of IP Residential Gateways, Set-top boxes and related
management applications, offers service providers unprecedented return on
investment - delivering new service revenues and impressive cost savings over
the lifetime of the product. Tilgin was founded in 1997 under the name i3 micro
technology and listed on the Stockholm Stock Exchange on the Nordic List as of
December 2006. It is headquartered in Kista, Sweden, with European sales
representation in France and Germany, and a U.S. subsidiary in Seattle.
www.tilgin.com