InTiCom Systems Aktiengesellschaft / Profit Warning 25.02.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Passau, February 25, 2008 planned EBIT 2007 reduced by approx. EUR 1.5 million to approx. EUR 1.0 million external solution decided for filling vacant CEO position, scheduled for QII InTiCom Systems AG (ISIN DE0005874846, Prime Standard) anticipates a considerably reduced EBIT (earnings before interest and taxes) of approx. EUR 1.0 million for the fiscal year 2007. Extraordinary expenses were entered into the annual financial statements due to the unexpected termination of a customer relationship in the business field of DSL and a revaluation of debts. Apart from the loss of profits, the unexpected termination of the contractually protected customer relationship also resulted in the required depreciation for capitalized development expenses and components to the total amount of approx. EUR 0.8 million, owing to very specific product development. The Board of Directors is presently looking into taking legal steps towards a compensation for the damages the company has sustained. In addition to that, the result is burdened by a revaluation of the accounts receivable, carried out within the context of preparing the annual financial statements, to the amount of approx. EUR 0.6 million. The Supervisory Board has decided in consultation with the Board of Directors to fill the vacant position of CEO with a qualified external candidate in order to strengthen the management team. First conversations have already been held on this subject. The Supervisory Board expects the position to be filled as soon as at the beginning of the second quarter. The preliminary figures for the fiscal year 2007 will be announced on March 4, 2008 as scheduled. InTiCom Systems AG The Board of Directors If you have questions, please contact: Christian Schubert Board of Directors Phone: +49 - (0)851 - 966 92 - 0 Fax: +49 - (0)851 - 966 92 15 e-mail: c.schubert@inticom-systems.de DGAP 25.02.2008 --------------------------------------------------------------------------- Language: English Issuer: InTiCom Systems Aktiengesellschaft Spitalhofstraße 94 94032 Passau Deutschland Phone: +49 (0)851 9 66 92-0 Fax: +49 (0)851 9 66 92-15 E-mail: info@InTiCom-Systems.de Internet: www.InTiCom-Systems.de ISIN: DE0005874846 WKN: 587484 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: InTiCom Systems Aktiengesellschaft: planned EBIT 2007 reduced by approx. EUR 1.5 million to approx. EUR 1.0 million external solution decided for filling vacant CEO position, scheduled for QII
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