INCREASED GROWTH, INCREASED PROFIT MARGIN AND STRONG CASH FLOW

INCREASED GROWTH, INCREASED PROFIT MARGIN AND STRONG CASH FLOW

Net sales for 2010 amounted to SEK 1,108.4 (1,057.7) million and
operating profit (EBIT) to SEK 156.0 (145.6) million, an operating
margin of 14.1 percent. Liquid assets amounted to SEK 163.5 (131.9)
million. Net sales in the fourth quarter amounted to SEK 313.8 (278.7)
million and operating profit (EBIT) to SEK 47.6 (46.0) million, an
operating margin of 15.2 per cent. The Board of Directors propose to the
General Meeting a dividend of SEK 1.80 per share, in total SEK 94
million, is distributed to the share holders through a split and
compulsory redemption procedure.

“Our performance was strong and we achieved good results in 2010 - a
year in which we returned to growth, improved our profit margins and had
a strong cash flow. Our initiatives in respect of new and existing
clients have brought good results. Ten percent of sales in 2010 were to
new clients,” says Lars Stugemo, President and CEO of HiQ.
 We help our clients with the use of technology, business and management
expertise to simplify and improve their operations. HiQ's clients are
constantly faced with new opportunities and challenges. Globalisation,
social networks, “cloud computing”, smart phones and e-readers are just
some examples of the phenomena and behaviours that are driving
development and creating new demand.
 
Technological developments and greater competition are constantly
creating opportunities for new types of companies and services. Areas
such as media, entertainment and the Internet are developing at a fast
pace with new technical solutions - exciting growth areas for HiQ.
“We are a significant player in the Nordic region with successful
clients and committed employees who take responsibility. I look forward
to develop our business further and that we together will continue to
deliver even better results for our clients. All our offices have
significant recruitment needs in 2011 in order to be able to satisfy
increased customer demand for our services, which I'm very glad to
report,” continues Lars Stugemo.

HiQ's President and CEO Lars Stugemo presents the report at 9:00 a.m.
today, Tuesday 1 February, at HiQ's 9th floor offices at Mäster
Samuelsgatan 17 in Stockholm.
The report can be requested by telephoning +46 (0)8-588 90 000 or
downloaded from www.hiq.se (http://www.hiq.se/)

HiQ discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. This report was
released for publication at 07:30 CET on 1 February 2011.

For further information, please contact:
Lars Stugemo, President and CEO of HiQ, tel.: +46 (0)8-588 90 000
Fredrik Malm, CFO and Head of IR at HiQ, tel.: +46 (0)8-588 90 034 or
mobile: +46 (0)704-200 017 or e-mail:
fredrik.malm@hiq.se (fredrik.malm@hiq.se)