YEAR-END RELEASE JANUARY - DECEMBER 2007 HiQ INTERNATIONAL AB

YEAR-END RELEASE JANUARY - DECEMBER 2007 HiQ INTERNATIONAL AB

2007 - a record year for HiQ, with accelerating growth and substantially
increased profits

•  Net sales increase by SEK 172.3 million to SEK 973.7 (801.4) million, an
increase of 21 percent
•  Operating profit (EBIT) increases by SEK 27.4 million to SEK 182.3 (154.9)
million, an operating margin of 18.7 (19.3) percent 
•  Pre-tax profit increases by SEK 27.6 million to SEK 183.8 (156.2) million

•  Profit after tax increases to SEK 131.7 (111.5) million

•  Earnings per share increase to SEK 2.62 (2.25)

•  Cash flow from operations amounted to SEK 81.0 (64.6) million

•  The Board's dividend proposal to the AGM is SEK 1.30 per share corresponding
to SEK 66 million, which is in line with HiQ's dividend policy.

•  HiQ acquired MobilEyes, a pioneering company in the field of Symbian 

•  During the year HiQ signed around 40 larger agreements with clients such as
FMV, OMX, Ericsson and others

Events in the fourth quarter:
•  Net sales in the fourth quarter increase by SEK 62.1 million to SEK 282.8
(220.7) million, an increase of 28 percent

•  Profit after tax in the fourth quarter increases to SEK 40.2 (33.8) million

•  Earnings per share increase to SEK 0.80 (0.68)

•  HiQ signed a new three-year agreement with GTECH Corporation worth SEK 43
million. 

•  HiQ signed a three-year framework agreement with a global vehicle
manufacturer

•  HiQ started up operations in Linköping, the subsidiary HiQ Linköping

•  After the end of the period HiQ signed a new framework agreement with the
Swedish National Post and Telecom Agency 

2007 in brief - HiQ's strongest year to date

HiQ is reporting a very strong 2007 - increased profits, increased growth,
increased geographical spread and a large number of new employees and clients.
Sales for the period increased by 21 percent and the operating margin was 18.7
percent. The number of employees has risen above 1,000 for the first time.

HiQ today holds a clear position as a specialist IT consultancy. Centred on the
Nordic region, HiQ provides services within the areas of communications,
software development and simulation to clients with global operations.

Demand for HiQ's services was strong during 2007. A number of important
contracts and framework agreements with leading players such as GTECH, FMV, OMX,
Ericsson, 

Ascom, GVA Finland and Heidelberger Druckmaschinen. In addition, HiQ works in
long-term customer relationships with internationally leading players such as
Nokia, Saab, SEB, Tele2 and Volvo.

HiQ has a strong brand both in the labour market and among clients, as is shown
time and time again in various surveys and measurements. The brand is of great
importance if we are to attract highly capable employees, since the employment
market remains competitive.

HiQ has been very successful at recruiting new employees and in 2007 the number
of employees increased by more than 250 people. The total number of staff is
above 1000.

In 2007 HiQ acquired MobilEyes, a pioneering company in the area of Symbian
development. The company has been successfully integrated into HiQ and is
engaged in the development and testing of mobile applications. 

HiQ is developing well in all its various geographical markets and in all its
various market sectors. HiQ's operations in Skåne and Stockholm have been
characterised by particularly strong development. 

HiQ started up a new business venture in Linköping during the fourth quarter,
based on existing client relationships as well as increased demand in the
region. HiQ Linköping is expected to employ around 30 people within a year. 




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

Anna Jennehov, Head of Corporate Communications HiQ International, 
tel. +46 (0)8-588 90 000, +46 (0)704-200 049


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 leading player in these fields and the Nordic region is its
domestic market. HiQ employs over 1,000 people at offices in the Nordic region
and Eastern Europe. HiQ is listed on the Nordic Exchange's MidCap list. For more
information, please visit www.hiq.se