HMS Networks AB; adjustment of previously reported information.


During an internal review the order intake reported during the first half year
of has been found incorrectly reported with 11 %.

After the internal control and the necessary adjustments the order intake has
been adjusted as described below.

+-------------------------------+-------+-------+--------+
|                               |  Q1   |  Q2   |6 months|
|                               |(TSEK) |(TSEK) | (TSEK) |
+-------------------------------+-------+-------+--------+
|Reported order intake          |167 453|170 326| 337 779|
+-------------------------------+-------+-------+--------+
|Adjusted order intake          |147 705|152 888| 300 593|
+-------------------------------+-------+-------+--------+
|Difference                     | 19 748| 17 438|  37 186|
+-------------------------------+-------+-------+--------+
+-------------------------------+-------+-------+--------+
|Reported growth in order intake|    31%|    18%|     27%|
+-------------------------------+-------+-------+--------+
|Adjusted growth in order intake|    14%|     6%|     12%|
+-------------------------------+-------+-------+--------+
|Adjusted book to bill          |   1,06|   1,08|    1,07|
+-------------------------------+-------+-------+--------+
|                               |       |       |        |
+-------------------------------+-------+-------+--------+
|Net sales (unchanged)          |139 127|141 451| 280 578|
+-------------------------------+-------+-------+--------+
|Growth in net sales (unchanged)|    21%|     7%|     16%|
+-------------------------------+-------+-------+--------+


The reason behind the incorrectly reported information is that changes in
internal processes in the beginning of 2014 were, on group level, not correctly
collected and consolidated when summarizing information from the subsidiaries.

"Reporting incorrect order intake during the first two quarters is extremely
unfortunate. We have internally made the necessary changes to make sure we
communicate the correct information going forward. During our internal review we
have not found any other errors in the reported figures. It is our assessment
that this adjustment of the reported order intake will have no effect on the
general market outlook previously communicated in our half year report", says
Staffan Dahlström CEO HMS Networks AB

For more information please contact:
CFO HMS Networks AB Gunnar Högberg, telephone: +46-35 17 29 95
CEO HMS Networks AB Staffan Dahlström, telephone: +46-35 17 29 01


HMS Networks AB (publ) is a world-leading supplier of communication technology
for industrial automation. Sales amounted to SEK 501 million in 2013. Over 90%
of these sales were to customers located outside Sweden. All development and the
major portion of manufacturing are carried out at the head office in Halmstad
and in Weingarten. Sales offices are located in Japan, China, Germany, Denmark,
India, UK, USA, Italy and France. HMS has 350 employees and produces network
interface cards and products to interconnect different networks under the
trademark Anybus® and IXXAT® and products for Remote Management under the
trademark Netbiter®. HMS is listed on NASDAQ-OMX Nordic Exchange in Stockholm in
the category Small Cap, Information Technology.

[HUG#1856705]

Attachments

Press release PDF.pdf