INTERIM REPORT FOR THE PERIOD JANUARY-MARCH 2007 HiQ INTERNATIONAL AB (publ), company registration number 556529-3205

INTERIM REPORT FOR THE PERIOD JANUARY-MARCH 2007 HiQ INTERNATIONAL AB (publ),
company registration number 556529-3205

HiQ - strong development for Sweden's best IT services company

•  Net sales increases by SEK 27.5 million to SEK 235.6 (208.1) million, an
increase of 13 percent

•  Operating profit (EBIT) increases to SEK 50.6 (46.2) million, an operating
margin of 21.5 percent 

•  Pre-tax profit increases to SEK 50.9 (46.5) million

•  Profit after tax increases to SEK 36.5 (33.7) million

•  Earnings per share increase to SEK 0.73 (0.69)

•  Cash flow from operations amounted to SEK 17.3 (6.4) million

•  HiQ named Sweden's best IT consulting firm in a survey carried out by Veckans
Affärer

•  HiQ has received a new order from the Swedish Defence Materiel Administration
(FMV) for the development of simulators for training fighter pilots for the JAS
39A Gripen. The order amounts to SEK 22.0 million

•  HiQ has signed an agreement worth around SEK 30 million over 5 years with the
printing group Heidelberger Druckmaschinen AG 

•  On 27 March the Annual General Meeting approved a dividend of SEK 2.10 per
share, totalling around SEK 105 million, which was paid out on the 4th of April

•  Gunnel Duveblad has been elected to the Board of Directors of HiQ
International AB



2007 in brief 
2007 has started very well for HiQ. Net sales are increasing by 13 percent and
the operating margin is 21.5 percent.  

HiQ holds a clear position in the Nordic region as a supplier of services within
communications, software development and simulation. With close to 850
employees, HiQ is today one of the most significant players in the Nordic market
within these areas. The growth in recent years is injecting new energy into the
organisation and creates a driving force for new initiatives both geographically
and in terms of our areas of expertise.

The market for IT services in the Nordic region is currently characterised by
strong demand. HiQ works in long-term customer relationships with
industry-leading clients such as Ericsson, FMV, GTECH, Nokia, Tele2, Saab,
SEB,SonyEricsson  and Volvo.

HiQ has a strong brand in the labour market and attracts highly capable
employees even in a very competitive market. During the period there has been a
dcreasing trend in staff turnover. HiQ has been ranked one of Sweden's top-10
most attractive employer in Seden and one of top-10 most appreciated employers
in Finland*.

HiQ has a very strong position in the telcoms sector and the demand for new
products and systems is strong. Today HiQ has a strong offering in the area of
multimedia solutions and works with suppliers, operators, content providers and
users within this area. Among other things, HiQ develops platforms that allow
leading providers to offer IPTV and project manages requirements setting and the
implementation of new IPTV platforms for operators.

Today HiQ has a very strong offering to the finance sector and during the first
quarter a very good growth in this segment. hiQ is specialised in development,
test and support of transaction intensive systems for securities trading for
clients such as Handelsbanken, Nordea, OMX, SEB and Swedbank.




For further information, please contact:
Lars Stugemo, President and CEO,
tel. +46 (0)8-588 90 000

Annika Billberg, Head of Corporate Communications and Investor Relations
Manager,
tel. +46 (0)8-588 90 015, +46 (0)704 -200 103

Parent company address 
HiQ International AB (556529-3205)
Mäster Samuelsgatan 17, 9th Floor
Box 7421
103 91 STOCKHOLM
tel.: +46 (0)8-588 90 000
fax: +46 (0)8-588 90 001
www.hiq.se

HiQ is an IT and management consultancy company focusing on high-tech solutions
in the fields of communications, software development and simulation technology.
The company is a leader in these fields and the Nordic region is its domestic
market. HiQ employs nearly 850 people at offices in Sweden, Finland and Denmark.
HiQ is listed on the Nordic Exchange's MidCap list. For more information, please
visit www.hiq.se

* According to surveys conducted by Universum Communications and the Great
places to work Institute.