INTERIM REPORT JANUARY – MARCH 2012


Another Record Quarter for HiQ
January – March 2012

  · Sales totals SEK 379.4 (326.1) million
  · The
company's operating profit (EBIT) totals SEK 62.9 (49.1) million; an operating
margin of 16.6 per cent
  · Profits before tax totals SEK 63.6 (49.5) million
· Profits after tax totals SEK 46.3 (36.3) million
  · Earnings per share
totals SEK 0.88 (0.69)
  · Cash flow from operations totals SEK 46.1 (29.7)
million
  · Liquid assets totals SEK 234.2 million
  · On 28 March the AGM
approved a SEK 2.20 per share dividend, totalling approximately SEK 116 million,
in the form of a share split with a mandatory redemption program

Important
Events during the Period

  · HiQ wins the contract to become a digital
partner to Göteborg & CO during the European Athletics Indoor Championships in
Gothenburg 2013
  · HiQ creates energy monitoring systems for Finnish Porvoon
Energia and Kereva Energy
  · HiQ is chosen as a quality partner for Lindorff
· HiQ helps Matchmode to take Sweden's premier football league to mobile
devices
  · HiQ delivers a media booking system for Finnish MTV
  · HiQ
develops a mobile app for motorsport superstar Richard Göransson
  · HiQ
contributes with expertise to an extensive project for reinsurance company
Sirius International
  · HiQ signes a framework agreement with Skandia
  · HiQ
signes a framework agreement with Swedbank
  · HiQ launches a digital
consultation booking service for Finnish healthcare service Terveystalo
  · HiQ
begins a partnership with superstar rally driver Mikko Hirvonen
  · Ulrika
Hagdahl and Erik Hallberg were elected as members to HiQ's board of directors at
the annual general meeting held on 28 March

Important Events since the Close
of the Period

  · HiQ develops a platform for electric cars within the
framework of the ELVIIS project for Victoria Institute and its partners
  · HiQ
streamlines Helsingin Energia's integration environment
  · HiQ signs a
framework agreement with Sweden's largest television company

For more
information contact:
Lars Stugemo, CEO and President of HiQ,
Ph: +46 (0) 8 -
588 90 000
Peter L. Häggström, Head of Corporate Communications, HiQ,
Ph: +46
(0) 704 - 200 103

The information is such that HiQ will make it public
according to the Swedish Securities Act and/or the Swedish Financial Instruments
Trading Act. This report will be made public at 7.30 AM on 26 April 2012.

HiQ
is an IT and management consultancy company specialising in high-tech solutions
within communications and software development. The company is a leader in these
areas and has the Nordic region as its home market. HiQ employs nearly 1,300
staff and has offices in the Nordic countries and Russia. HiQ is also listed on
the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit hiq.se
www.hiq.se

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