SYNAXON AG

euro adhoc: SYNAXON AG
quarterly or semiannual financial statement
SYNAXON AG: Results for first quarter of 2006 - growth in revenue and earnings

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19.05.2006

Bielefeld, 19 May 2006: The SYNAXON Group recorded an increase in revenue and earnings in the first quarter of 2006. Revenue rose by 38.7%, from EUR 4,111 thousand a year ago to EUR 5,701 thousand as at March 31, 2006. Operating profit grew by 42.9% to EUR 620 thousand (31/03/05: EUR 434 thousand).  Earnings before taxes and minority interests amounted to EUR 653  thousand  in Q1 2006, compared with EUR 502 thousand for the same period a year ago.  Within this context, it should be noted that AKCENT Computerpartner Deutschland AG was included in the consolidated group effective from December 31, 2005, and was thus not accounted for in the Q1 2005 results. Adjusted for AKCENT, consolidated revenue amounted to EUR 5,077 thousand as at March 31, 2006, while earnings before taxes and minority interests stood at EUR 551 thousand. The net profit for the SYNAXON Group rose by 27.3%, from EUR 245 thousand in  Q1 2005 to EUR 312 thousand as at March 31, 2006. This corresponds to earnings per share of EUR 0.09 (31/03/05: EUR 0.07).

Cash flow from operating activities increased from EUR 311 thousand in Q1 2005 to EUR 909 thousand as at March 31, 2006.

The full quarterly report will be published this Tuesday and can be accessed  at www.synaxon.de (Investor Relations / IR Publications section).

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ots Originaltext: PC-Spezialist Franchise AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Karen Müller
Investor Relations
Telefon: +49(0)521-9696-292
E-Mail: ir@synaxon.de

Branche: Hardware
ISIN:      DE0006873805
WKN:        687380
Index:    CDAX
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade



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