INTERIM REPORT JANUARY – SEPTEMBER 2012

INCREASING SALES AND STRONG CASH FLOW
JANUARY – SEPTEMBER 2012

  · HiQ's sales total SEK 1,010.2 million (923.9), an increase of 9 per cent
compared with the previous year
  · The company's operating profit (EBIT) totals SEK 131.3 million (123.8), an
operating margin of 13.0 per cent
  · Profits before tax total SEK 132.2 million (124.8)
  · Profits after tax total SEK 95.7 million (92.4)
  · Earnings per share total SEK 1.81 (1.76)
  · Cash flow from operations totals SEK 109.3 million (57.5)
  · Liquid assets total SEK 176.6 million


JULY – SEPTEMBER 2012

  · Sales total 279.1 million (271.3), an increase of 3 per cent compared with
the previous year
  · The company's operating profit (EBIT) totals SEK 32.0 million (36.7),
representing an operating margin of 11.5 per cent
  · Profits before tax total SEK 32.3 million (36.8)
  · Profits after tax total SEK 23.8 million (27.3)
  · Earnings per share total SEK 0.45 (0.52)


SIGNIFICANT EVENTS DURING THE FIRST SIX MONTHS

  · HiQ wins the contract to serve as a digital partner for the European
Athletics Indoor Championships
  · HiQ provides a media booking system for Finnish broadcaster MTV 3 Finland
  · HiQ helps the Viktoria Institute and its partners Volvo Cars, Göteborgs
Energi and Ericsson with the ELVIIS project
  · HiQ signs a new framework agreement with major postal service provider
Posten AB
  · HiQ signs a framework agreement with Sweden's largest television company
  · HiQ ranks as Sweden's top IT consulting company among Swedish IT consultants
asked to rank the most attractive place to work in Computer Sweden magazine's
comprehensive survey


SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  · HiQ simplifies vehicle inspections at Dekra
  · HiQ is nominated for the Swedish Design Award for an app designed for the
West Swedish Chamber of Commerce
  · HiQ wins a new assignment from a global automotive manufacturer
  · HiQ delivers projects and conducts a workshop for players in the mobile
payments industry
  · HiQ improves communications for the Northern Ostrobothnia Hospital District
in Finland


SIGNIFICANT EVENTS SINCE THE CLOSE OF THE QUARTER

  · HiQ helps a leading British TV channel to develop an IP-TV service
  · HiQ creates the Skylab idea laboratory during the West Swedish Chamber of
Commerce’s Handelskammardagen event


This information is such as HiQ is required to make public according to the
Swedish Securities Act and/or the Swedish Financial Instruments Trading Act.
This press release was submitted for publication at 7.30AM on 22 October 2012



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

HiQ simplifies and improves using hi-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 more than 1,300 staff and has offices
both in the Nordic countries and in Russia. HiQ is also listed on the NASDAQ OMX
Stockholm Mid Cap List. For more information, please visit www.hiq.se.