CONTINUED STRONG CASH FLOW AND INCREASED PROFIT IN THE SECOND QUARTER


Net sales for the first half-year totalled SEK 684.4 (731.2) million. Operating
profit (EBIT) for the period was SEK 71.1 (99.2) million, which is equivalent to
an operating margin of 10.4 per cent. Liquid assets at the end of the period
totalled SEK 150.1 (168.0) million.
“In the second quarter, HiQ can report a good performance in what, in some
respects, has been a challenging market. We have strengthened our order books
with new framework agreements with key clients, and have created solutions in
areas such as mobility and web platforms. In the second quarter we continue to
recruit, increase our profit and improve our margin. We are maintaining a strong
cash flow with a robust balance sheet,” says Lars Stugemo, President and CEO of
HiQ.

The use of IT is growing rapidly in today’s society. Innovative clients
understand the benefits that are to be reaped by using the latest technology to
simplify people’s lives. HiQ works closely with its clients, always putting
together first-class teams with the best experts. HiQ specialists are committed
and ambitious employees, bringing not only knowledge and creativity to the
table, but also that all-important little extra. Their ability to put the
customer first and create the best solutions is the foundation on which HiQ’s
success is built.

“IT and communication have never been more fun. Fifteen years ago we used to
think that progress was quick, but that was nothing compared to the speed at
which things are developing today. Every day something new happens that could
herald a revolutionary change. The world is spinning fast. We are spinning fast
with it. And we are enjoying every second,” Lars Stugemo says.

“HiQ’s main market is the Nordic region, where the economic situation remains
relatively strong. With our strong brand and stable finances the potential for
HiQ to advance its positions here is good. We look forward to exciting new
assignments in the adventure we call IT,” Lars Stugemo concludes.

HiQ President and CEO Lars Stugemo presents the second-quarter report today,
Thursday 15 August at 09:00 CET, at HiQ’s head office (Regeringsgatan 20) in
Stockholm. The report can also be ordered by phone (+46 8 588 90 000) or
downloaded from www.hiq.se

HiQ is required by Swedish law (The Securities Market Act and/or the Financial
Instruments Trading Act) to publish this information. This press release was
issued at 07:30 (CET) on 15 August 2013.

For further information, please contact:
Lars Stugemo, President and CEO, HiQ, Tel: +46 8 588 90 000
Peter L. Häggström, Head of Corporate Communications, HiQ, Tel: +46 704 200 103

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 listed on the NASDAQ OMX
Stockholm Mid Cap List. For more information, please visit www.hiq.se

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