For the full year 2011 Proact IT Group reports the following preliminary results:

For the full year 2011 Proact IT Group reports the following preliminary
results:


  · Net turnover increased by 61 % to SEK 2 230 (1 387) million.
  · EBITDA increased by 28 % to SEK 122 (95) million.
  · Profit before tax fell by 39 % to SEK 42 (70) million.

One year ago Proact made three acquisitions (Storyflex, Databasement and B2net)
which for e.g. resulted in expansion in to five countries in Europe. Today, the
net turnover is more than 60 % bigger than the same period last year.

Before the acquisitions, Proact had a pretax profit margin of five percent but
the acquired companies had a lower profit margin. Since the acquisitions, the
focus of the integration work has been to create synergies in the acquired
companies in order to achieve at least the same profitability as before the
acquisitions were made. Parts of the integration work have taken longer time
than expected, which means that profits before tax and pretax profit margin for
the full year 2011 will be lower than 2010.

Net turnover 2011 was SEK 2 230 million which is an increase of 61 percent
compared to the same period the preceding year. Profit before tax was SEK 41.9
million which is equal to a profit margin of 1.9 percent. Profit was affected by
acquisition expenses of SEK 12.7 million, write offs according to plan of SEK
18.9 million and interest rate costs attributable to the acquired companies of
SEK 12.0 million. During the period EBITDA was SEK 121.6 million compared to SEK
94.9 million in 2010.

Proact makes the forecast that it will take more time to realize the synergies
and thereby, during the last half of 2012, achieve the same efficiency level and
profit margin as before the acquisitions were made.

The figures are preliminary, and further details will be presented when the
company releases its official full year results the 15th of February 2012.

For additional information please contact:

Olof Sand, CEO, Mobile: +46 733 566 682, Mail: olof.sand@proact.se

Jonas Persson, CFO, Mobile: +46 733 566 690, Mail: jonas.persson@proact.se