Best quarter in the company’s history

Aiming for Prime Standard listing

Montabaur, May 10, 2006. The Management Board of today announced its consolidated results according to IFRS for the first quarter of 2006. The company achieved strong growth in sales and earnings and posted its best-ever quarterly result.

Compared with the same period last year, raised sales by over 300 percent to EUR 41.3 million in the first quarter of 2006 (prior year: EUR 10.2 million). There was also a significant improvement in earnings: EBITDA grew from EUR -0.33 million to EUR 5.38 million, while EBT was up from EUR -0.4 million to EUR 4.5 million. Earnings per share (EPS) after minority interests and taxes amounted to EUR 0.06 (prior year: EUR -0.02).

Due to its strong progress, the company is raising its forecast for 2006. The sales forecast for 2006 has been raised from EUR 160 million to EUR 185 million (prior year: EUR 98.2 million) and the EBT forecast from EUR 12 million to EUR 20 million (prior year: EUR 3.4 million). Based on these figures, earnings per share (EPS) of will amount to at least EUR 0.30 (prior year: EUR 0.04).

The company aims to achieve a listing in the Prime Standard segment as of July 1, 2006.

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