EANS-Adhoc: phion AG / phion AG announces first three quarter 2009/10 results

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3-month report

10.02.2010

Sales development according to expectations.
EBITDA increased significantly compared to previous quarters.

Innsbruck, 10 February 2010 - Sales development of phion AG in the
3rd quarter corresponds almost exactly to expectations expressed in
the middle ofhalfway through the financial year 2009/2010. In total,
decrease in sales compared to last year´s period is some 20% which on
the one hand is due to the an overall cautious investment policy
during the months from October to December, on the other hand due to
a large order in the last quarter of the previous year.

Despite of thea still moderate sales development as a consequence of
the global economic crisis, EBITDA in the 3rd quarter (TEUR -86) has
improved significantly compared to the previous quarters. After
depreciation and amortization of TEUR 407, operating income amounts
to TEUR -493, operating income is TEUR -342.

After the first three quarters of the financial year 2009/2010, total
EBITDA amounts to EUR -1.5 million, whereas total operating income is
EUR -2.7 million (including depreciation and amortization of EUR 1.2
million). Total comprehensive income in the first three quarters is
EUR -2.3 million.

The balance sheet total of phion AG as at end of December 2009 was
reduced to 18.5 million Euros (31 March 2009: 21 million Euros). In
line with the development of the results, liquid assets have
decreased to 2.7 million Euros. Deferred income (i.e., secured
invoiced revenues realized later on) has continued its positive
development, amounting to a total of almost 4.62 million Euros as at
31 December 2009. The low level of the financial liabilities,
amounting to some 1.1 million Euros, could be kept also in the 3rd
quarter. The equity ratio is just less than 58%.

Development phion AG in 4-12/2009, compared to 4-12/2008

In TEUR 4-12 FY 2009/10 4-12 FY 2008/09

Sales 7.448 9.040
EBITDA -1.524 -857
EBIT -2.694 -1.795
Total comprehensive
income (TCI) -2.285 -834

On www.phion.com, you will find the 3rd quarter report 2009/10 for download in
German and in English.

end of announcement euro adhoc
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ots Originaltext: phion AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Wieland ALGE

CE0 phion AG

Eduard-Bodem-Gasse 1

6020 Innsbruck

Phone: +43 (0)508 100

E-Mail: w.alge@phion.com

Branche: Computing & Information Technology
ISIN: AT0000PHION3
WKN:
Index: mid market
Börsen: Wien / Regulated free trade