Interim Report 6 months 2007/08

Interim Report
Morphic Technologies AB (publ)                                              
Karlskoga, December 17, 2007


Interim Report 6 months 2007/08

* Net sales for the period were SEK 158.6m (45.9m)
* The company reports an operating loss after tax of SEK -26.3m (-18.5m)
* Earnings per share were SEK -0.19 (-0.17)
* On the balance sheet date, October 31, 2007, cash and cash equivalents were
SEK 148.9m (Apr 30, 2007, 186.5m)
* Cash flow from operations increased to SEK 23.6m (-9.5m), or SEK 0.17 per
share (-0,08)

Significant Events in the last Quarter
* The company received volume orders for flow plates for fuel cells used in
consumer electronics worth SEK 60m over a two-year period
* Morphic acquired 55% of Helbio S.A., an energy technology company
* SensActive™ patented
* President and several key individuals recruited to Morphic's subsidiary for
new energy systems

Significant Events after the End of the Period
* Volume orders for flow plates with an initial value of SEK 130m
* Acquisition of fuel cell maker Arcotronics Fuel Cells S.r.l
* Private placement raises SEK 252m before issue costs

Johannes Falk, Information and Investor Relations Manager, Morphic Technologies
AB
Phone: +46 (0)706- 76 73 93, E-mail: johannes.falk@morphic.se.


Morphic Technologies is a Swedish industrial group that specializes in energy
systems for renewable electricity production as well as resource-light
production techniques for efficient component manufacture. The operations are
located in Sweden (Karlskoga, Filipstad, Kristinehamn and Göteborg) as well as
in Greece and Italy. The Company's class B shares are listed on the Stockholm
Stock Exchange's trading site, First North, with Remium Securities as Certified
Advisor. For more information, see www.morphic.se

DISCLAIMER: THIS DOCUMENT IS A TRANSLATION FROM THE SWEDISH ORIGINAL. NO
GUARANTEES ARE MADE THAT THE TRANSLATION IS FREE FROM ERRORS.