Tilgin AB (publ) Interim report 1 January - 31 March 2010 First quarter 2010 • Net sales SEK 24.3 million (38.7), a 24 % increase from the previous quarter • Net result SEK -9.5 million (-7.2) excluding a SEK 2.8 million provision for the previous CEO • Result per share SEK -0.28 (-0.16) before dilution • Order intake SEK 31.0 million (31.8) and order backlog as of 31 March 2010 SEK 48.6 million (30.2) • Gross margin 41 % (35 %) • Operating result SEK -11.9 million (-6.9) • Cash flow from operating activities SEK 2.2 million (-3.2) • Cash and bank amounted to SEK 9.5 million (37.4) as of 31 March 2010 ― End ― "Tilgin makes this information public in accordance with the Swedish Securities Exchange Act and/or in accordance with the Swedish Financial Supervisory Authority." Audiocast: In view of the interim report, the capital market is invited to an audiocast on Wednesday 28 April. The live web transmission will start at 09:00 CET. Participants listening to the audiocast live may send questions via a questionnaire. Presentations and a link to the audiocast are available at www.tilgin.com/q110. For those unable to attend at 09:00 CET a recording will be held available via the company's website. For further information: * Mats Victorin, CEO Tilgin AB, Tel: +46 8 572 386 02, E-mail: mats.victorin@tilgin.com * Magnus Teeling, CTO Tilgin AB, Tel: +46 8 572 386 06, Email: magnus.teeling@tilgin.com About Tilgin Tilgin develops and delivers systems and software for the digitally connected home. Using Tilgin's home gateways, gateway-based software and remote management solutions for provisioning, broadband operators can offer next generation broadband services. Tilgin's solutions are operator-managed, software intensive and focused on next generation access. They enable operators to create new revenue streams, strengthen their brand and increase subscribers' quality of service. For the end-user the value lies in new broadband services and the possibility to integrate all electronic devices in the home. With more than 30 customers in over ten countries Tilgin has a strong client base with a broad international reach. Tilgin was founded in 1997 and is listed at NASDAQ OMX Nordic Exchange i Stockholm. Tilgin is headquartered in Kista, Sweden, and the company has a network of international sales channels. For more information, please visit www.tilgin.com
Tilgin AB (publ) Interim report 1 January - 31 March 2010
| Source: Tilgin AB
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