10.05.2004 – 20:18

Lintec Computer AG

euro adhoc: Lintec Information Technologies AG
Annual Reports / Interim Result first Quarter 2004: Operating Loss EBITDA of -0.9 mEUR, Net Loss of -1.65 mEUR. (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

During the first Quarter 2004 LINTEC Information Technologies AG
(ISIN DE0006486004) has not been successful in achieving a
satisfactory result. Turnover was 5.5 mEUR, EBIT -1.2 mEUR loss and
the net result -1.65 mEUR loss.

Q1-2003 numbers (turnover: 34.7 mEUR, EBIT 2.1 mEUR, net result -1.3
mEUR loss) are not entirely comparable as LINTEC sold its stake in
Intenso GmbH later in 2003 as well as its "Anycom" business in rfi.
Both businesses contributed substantially to turnover and results
during Q1-2003.

However, since the operating result of the business was rather
unsatisfactory too the Management Board has decided the following
measures within the framework of "LINTEC 2004":
1. LINTEC withdraws from the PC mass market, particularly from the
price aggressive entry segment. High value servers and PCs as well as
PC based solutions will continue to be offered.
2. LINTEC’s assembly lines will be offered to third parties as part
of a new services segment. Negotiations with third parties are
underway.
3. The brand business around SAVEstore® und spiFFy® is being pushed
with greater efforts. This effort is aimed at improving yields. This
segment has been strenghened with more personell backup.

Without these measures being implemented LINTEC would get into more
serious difficulties during the course of this year. By focussing on
less cash intensive products and processes the Management Board of
LINTEC expects an improvement in business performance this year.

The full report for Q1-2004 will be provided for download at the
company’s website under www.lintec.de as from 14 May 2004 and can be
ordered from the company. The new business strategy will be explained
by the new CEO Thomas Goletz at the AGM which will take place on the
same day. This is then being published on the internet as well.

end of announcement        euro adhoc 10.05.2004

Further inquiry note:

LINTEC Information Technologies AG, Dep’t MarCom • Tel: +49 (0)34298
71607 • Fax: +49 (0)34298 71372 • Email: aktie@lintec.de • Web:
www.lintec.de

Branche: Computing & Information Technology
ISIN: DE0006486004
WKN: 648600
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade