INTERIM REPORT FOR THE PERIOD JANUARY 1 – MARCH 31, 2005

Extended general agreements with Ericsson and Volvo First quarter 2005 compared with first quarter 2004 • Net sales amounted to SEK 157 million (165). • Operating profit amounted to SEK 10 million (11), generating an operating margin of 7% (7). • Profit after tax was SEK 10 million (10). • Earnings per share for the period amounted to SEK 0.17 (0.17). • Cash flow from operating activities amounted to SEK 9 million (-21). • Extended general agreements with Ericsson and Volvo. Important agreements also signed with Swedish Social Insurance Administration, Stena Metall, SKF and Ikano-banken.

“The year began with stable demand and a good utilization rate,” said Lars Wollung, President and CEO of AcandoFrontec. “In our efforts to base a larger share of our sales on packaged offerings, we have established and launched a number of new offerings. We are seeing especially good demand for QuickValue™ and IT Effectiveness.”