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Myriad Group AG Langerstrasse 14 8600 Dubendorf, Switzerland http://www.myriadgroup.com
Contact Mr James Bodha +44 161 249 8900
Company logo of Myriad Group AG
Myriad Group AG

Myriad Group First Quarter 2010 Results

(PresseBox) (DUEBENDORF-ZURICH, Switzerland, )
.
- Revenues USD 28.5 million
- Gross profit USD 19.1 million, gross margin of 67%
- EBITDA USD 4.5 million, EBITDA margin of 16%
- Improved sales and booking performance from the Mobile Services Division following reorganisation of management and sales teams
- Significant mobile social networking contract win with Telefónica, USD 80-100 million over five years
- Guidance for FY 2010 and longterm outlook for 2011/2012 confirmed

Myriad Group AG (SIX: MYRN), a global leader in mobile technology with software in over 2 billion phones, announced further details of its Q1 2010 results today.

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