iQ Power AG / Key word(s): Development of Sales 27.02.2012 09:58 Dissemination 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. --------------------------------------------------------------------------- iQ Power announces preliminary revenue for 2011 - Preliminary Group Revenue for 2011 of EUR 11.9 million (+28% vs 2010) - Direct Sales Revenue in Q4 2011 of EUR 4.2 million (+34% vs. Q4, 2010) - iQ Power increases its market share in Q4 2011 by 75% Zug/Switzerland, 27 February 2012 - iQ Power AG (ISIN: CH0020609688, WKN: A0DQVL, Symbol: IQPB), the developer and marketer of eco-friendly and technologically advanced starter batteries for motor vehicles, announces preliminary non-audited group revenue for 2011 of EUR 11.9 million or a 28% increase versus 2010 (EUR 9.3 million). iQ Power was able to realize this increase in revenue and market share despite a difficult commercial environment. A greater increase was realized in direct sales excluding license fees for 2011 of EUR 11.7 million. This represented an increase of 33% against 2010 (EUR 8.8 million). In 2010 revenue included a one-time upfront royalty of EUR 0.5 million. According to preliminary unaudited revenue figures, iQ Power group revenue was EUR 4.3 million excluding license fees, which represented a 34% increase versus 2010 (EUR 3.2 million). The revenue increase was especially significant because the unusually warm winter weather created a decrease in 4th Quarter volume in the German market for starter batteries of around 25%. Taking the general 4th Quarter market volume decrease into account, iQ Power was able to gain about 75% in market share versus 2010. Detailed information for iQ Power AG for 2011 will be published in the Annual Report due out in April, 2012. The CEO About iQ POWER iQ Power AG is a developer and supplier of innovative starter batteries for motor vehicles. The products are technologically advanced, deliver greater efficiency, and are environmentally sound and lighter in weight. The company's many achievements include the development of the world's first software-controlled smart car battery. Industrial batteries and system solutions for electrical energy management in vehicles help round out its operational portfolio. The company's operational element is iQ Power GmbH in Chemnitz (Germany), which is a wholly owned subsidiary of iQ Power AG. Headquartered in Zug (Switzerland), iQ Power AG is a publicly listed stock corporation whose shares are traded on the regulated market (General Standard segment) of the Frankfurt Stock Exchange, over the counter on the securities exchanges in Berlin, Düsseldorf, Munich and Stuttgart, as well as on Xetra (ISIN: CH0020609688, WKN: A0DQVL, IQPB). Contact: Company Contact: iQ Power AG Metallstrasse 9 6304 Zug Schweiz Tel.: +41(0) 41 768 03 63 Fax: +41(0) 41 768 03 68 info@iqpower.com www.iqpower.com Investor Relations Contact: GFEI Aktiengesellschaft Am Hauptbahnhof 6 60329 Frankfurt am Main Tel.: +49 (0)69 - 74 30 37 00 Fax: +49 (0)69 - 74 30 37 22 iQPower@gfei.de www.gfei.de 27.02.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: iQ Power AG Metallstrasse 9 6304 Zug Switzerland Phone: +41 41 7680360 Fax: +41 41 768 03 68 E-mail: investor-relations@iqpower.com Internet: www.iqpower.com ISIN: CH0020609688 WKN: A0DQVL Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: iQ Power announces preliminary revenue for 2011
| Source: EQS Group AG