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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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6-month report

28.07.2011

In the first half year of 2011, Syzygy Group generated sales of EUR
14.5m, a 6 per cent increase compared to H1-2010. Both the German
and the international segment contributed equally to this growth.

In the period under review, operating income was down 4 per cent to
EUR 1.6m. The decrease is due to investments in foreign branches as
well as an extension of the Group´s range of services.

With financial income amounting to EUR 543,000 in the first six
month of 2011, net income was EUR 1.5m. Earnings per share were
thus EUR 0.12.



|              |Q2-2011 |Q2-2010 |Change  |H1-2011 |H1-2010 |Change  |
|Sales         |7,107   |7,043   |+1%     |14,530  |13,663  |+6%     |
|(EUR´000 )    |        |        |        |        |        |        |
|EBIT (EUR´000)|811     |1,006   |-19%    |1,632   |1,708   |-4%     |
|EBIT margin   |11%     |14%     |-3pp    |11%     |13%     |-2pp    |
|Financ. inc.  |251     |300     |-16%    |543     |572     |-5%     |
|(EUR´000)     |        |        |        |        |        |        |
|Net income    |718     |910     |-21%    |1,508   |1,590   |-5%     |
|(EUR´000)     |        |        |        |        |        |        |
|Earnings/share|0.06    |0.07    |-14%    |0.12    |0.13    |-8%     |
|(EUR)         |        |        |        |        |        |        |


In 2011, Syzygy AG expects a modest increase in sales, while the
operating income will be slightly below last year´s level. For
2012, Syzygy is planning for a clear double-digit growth in both
sales and operating income.

The quarterly report will be issued on July 28, 2011 and can be

downloaded at http://ir.syzygy.co.uk in the section "Financial Reports"


Further inquiry note:
Katrin Schreyer
Telefon: +49/6172-9488251
E-Mail:  ir@syzygy.net

end of announcement                               euro adhoc 
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issuer:      Syzygy AG
             Im Atzelnest  3
             D-61352 Bad Homburg
phone:       +49(0)6172 9488-100
FAX:         +49(0)6172 9488-272
mail:         ir@syzygy.net
WWW:         http://www.syzygy.net
sector:      Online
ISIN:        DE0005104806
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English