EANS-News: SYZYGY AG / Sales grow by 11 per cent in Q2 / tax effect raises earnings per share to EUR 0.57

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quarterly report

Bad Homburg (euro adhoc) - In the second quarter 2012, SYZYGY Group
generated sales of EUR 7.9 million, an 11 per cent rise compared to
Q2-2011. The Germany segment performed particularly well: Strong
business with existing as well as renowned new clients resulted in
sales growth of 18 per cent. Due to investments in the expansion of
SYZYGY Group, operating income was down 25 per cent to EUR 0.6
million. Financial income amounted to EUR 0.3 million (+4%).

In Q2-2012, income before taxes decreased by 18 per cent to EUR 0.9
million. Due to tax effects resulting from successful judicial
proceedings on the recognition of impairment losses on foreign
subsidiaries, net income was up 915 per cent to EUR 7.3 million. As a
result, SYZYGY reports earnings per share of EUR 0.57.

For the current financial year, SYZYGY Group aims at a significant
sales growth and expects an operating income on last year's level.
Furthermore, SYZYGY expects earnings per share to reach EUR 0.72 in
2012.

| |Q2-2012 |Q2-2011 |Change |H1-2012 |H1-2011 |Change |
|Sales |7,869 |7,107 |+11% |15,346 |14,530 |+6% |
|(EUR'000) | | | | | | |
|EBIT (EUR'000) |611 |811 |-25% |1,393 |1,632 |-15% |
|EBIT margin |8% |11% |-3pp |9% |11% |-2pp |
|Financial |262 |251 |+4% |492 |543 |-9% |
|income (EUR'000)| | | | | | |
|Net income |7,287 |718 |+915% |8,017 |1,508 |+432% |
|(EUR'000) | | | | | | |
|Earnings per |0.57 |0.06 |+850% |0.63 |0.12 |+425% |
|share (EUR) | | | | | | |

The quarterly report will be issued on August 2, 2012, and can be downloaded at
http://www.ir.syzygy.co.uk/default3_and_fz_menu=financial_reports_2012.aspx

Further inquiry note:
Katrin Schreyer
Telefon: +49/6172-9488251
E-Mail: ir@syzygy.net

end of announcement euro adhoc
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company: Syzygy AG
Im Atzelnest 3
D-61352 Bad Homburg
phone: +49(0)6172 9488-100
FAX: +49(0)6172 9488-272
mail: ir@syzygy.net
WWW: http://www.syzygy.net
sector: Online
ISIN: DE0005104806
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English