SYNAXON AG

EANS-Adhoc: Synaxon AG: Preliminary figures for Q1 2011
improvement of sales and earnings

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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quarterly report

11.05.2011

Based on provisional figures, Synaxon AG was able to increase consolidated sales in the Q1 2011 by 39.3% to EUR 5,951,000 (previous year: EUR 4,273,000). This growth is attributable both to the IT cooperation business as well as the E-Commerce / central trading division. Operating income (EBIT) increased during the same period to EUR 339,000 (previous year: EUR 17,000); the annual consolidated net income increased to EUR 219,000 (previous year: EUR 15,000). At the end of the quarter, the earnings per share (EPS) came to EUR 0.06 (previous year: EUR 0.01). As already reported in the 2010 annual report, the company still anticipates operating income for the whole of 2011 of at least EUR 0.6 million. Given the seasonal nature of the IT industry, the largest contribution to business development is expected in the fourth quarter. The complete financial report for Q1 2011 with final figures for the period will be published May 31, 2011.

end of announcement                               euro adhoc
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Contact:

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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