Tilgin AB (publ) Interim report 1 January – 30 September 2009

Increased sales and lower operational costs compared with 2nd quarter

Third quarter 2009 • Net sales SEK 30.6 million (52.4), a 31 % increase from the previous quarter • Net result SEK -10.4 million (10.4), including restructuring expenses of SEK -0.8 million • Result per share from continuing activities SEK -0.23 (0.23) before dilution • Order intake SEK 25.5 million (21.9) and order backlog as of 30 September 2009 SEK 17.9 million (42.5) • Gross margin 35 % (47 %), has exceeded 35 % every quarter for two years • Operating result SEK -9.6 million (10.0) • Cash flow from operating activities SEK -2.2 million (-14.4) • Cash and bank amounted to SEK 18.7 million (34.4) as of 30 September 2009 January – September 2009 • Net sales SEK 92.6 million (115.6) • Net result SEK -33.8 million (-6.4) • Result per share from continuing activities SEK -0.76 (-0.19) before dilution • Gross margin 36 % (42 %) • Operating result SEK -31.9 million (-6.6) • Cash flow from operating activities SEK -14.8 million (-21.6) "Tilgin net sales increased by 31 percent compared with the previous quarter, with a stable gross margin. After weak willingness to invest during spring and summer we now observe several operators increasing their investment rates in launching the next generation of broadband services. As the market is entering its next development phase, we have strengthened our position with an improved product range, an optimized sales organization, and a lower cost base", Ola Berglund, CEO ― End ― "Tilgin makes this information public in accordance with the Swedish Securities Exchange Act and/or in accordance with the Swedish Financial Supervisory Authority." Telephone conference: In view of the interim report, the capital market is invited to a conference call on Friday 23 October. The conference will start at 09:00 CET. Participants may follow the conference via www.tilgin.com/q309, or access it by dialing +46 (0)8 5052 0110. A presentation is held available at www.tilgin.com when the phone conference starts. To access the report in its full length, please click on the attached pdf-link.

About Us

Tilgin has more than 20 years of experience and expertise within the broadband industry which has generated a strong client base and a broad international reach which has generated that Tilgin’s systems and solutions are deployed at more than 100 operators in more than 30 countries. Tilgin was founded in 1997 with headquarter located in Kista, Sweden.Since the start, Tilgin has worked with its own gateway software as part of an overall delivery of premium gateway solutions, but has since 2014 a separate and dedicated business unit focusing upon the specific standalone software. Tilgin is now taking the next step forward by launching Open HGA, an open and modular software based platform for IoT, Smart Home solutions and services. For more information around our new Open HGA platform, please visit www.tilgin.com

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