SYNAXON AG: Earnings increase in first half-year 2007

Bielefeld, (PresseBox) - Based on preliminary figures SYNAXON AG was able to double earnings before taxes and minority interests to euro 1.80 million (previous year: euro 0.86 million). Earnings after taxes increased due to a better tax quota even more significantly. Net profit rose to euro 0.93 million (previous year: euro 0.35 million) in the first half 2007. As expected consolidated sales revenues decreased to euro 7.90 million (previous year: euro 10.48 million) due to the closure of the company store in Vienna last year and the reduction of central billed goods turnover. Based on this numbers earnings per share amounted to euro 0.26 (previous years period: euro 0.10).

The full report for the first half-year 2007 will be published on August 29, 2007.

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