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esmertec ag Lagerstrasse 14 8600 Dübendorf, Switzerland http://www.esmertec.com
Contact Nicolas Fiorini +41 44 823 89 00
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esmertec ag

Esmertec reported first ever EBITA positive as at 1st half-year 2008

(PresseBox) (Dübendorf-Zurich, Schwitzerland, )
EsmertecTM (SWX: ESMN), a leading provider of software platforms, applications and services to communications device manufacturers and mobile telecom operators, announced today its financial results for the first six months ended June 30, 2008. During that period, Esmertec achieved significant steps towards profitability by reporting a positive EBITA for the first time in the company's history (USD 0.1m in H1 2008 compared to USD -1.7m in H1 2007), followed by a strong improvement of the EBIT level by 41% at USD -2.6m in H1 2008 (was USD -4.3m in H1 2007).

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