SYNAXON AG

EANS-Adhoc: Synaxon AG announces preliminary figures for first quarter 2010

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3-month report

18.05.2010

SYNAXON AG ISIN DE0006873805 / WKN 687 380

Ad-hoc announcement in accordance with §15 WpHG [German Securities Trading Act]

Synaxon AG announces preliminary figures for first quarter 2010

Based on the preliminary figures for the first quarter of 2010, the revenue of Synaxon AG increased by 31.0% to EUR 4,273,000 (prior year: EUR 3,262,000). The profit for the period totaled EUR 15,000 (prior year: EUR 191,000), corresponding to earnings per share of EUR 0.01 (previous year: EUR 0.06).

As previously announced, the Group continued to invest heavily during the first three months, in particular in expanding its involvement in e-commerce. Against this background, a decrease in earnings had been anticipated for the first quarter and was announced accordingly. Based on the figures reported, the Group is within budget, which forecasts EBIT of between EUR 0.2 to 0.3 million for the year despite undiminished investment activity.

The complete interim financial report with final figures for the period ending March 31, 2010 will be published May 26, 2010.

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ots Originaltext: SYNAXON AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Investor Relations
Tel.: +49 521/ 96 96-292
E-Mail: ir@synaxon.de

Branche: Hardware
ISIN:      DE0006873805
WKN:        687380
Index:    CDAX
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



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