AudioDev announces drop in profits for the fourth quarter 2004

(Figures in brackets relate to the period in 2003) AudioDev’s Board announced today that the demand for test equipment for recordable DVD (DVD-R/RW) has continued to be weak in Q4, 2004. This drop has not been able to be compensated by sales in testers for premastered DVDs and as a consequence sales for Q4 are expected to be around SEK 45 (58.4) million, with profits after financial items at around SEK -7 (7.4) million. For the full year of 2004, sales are estimated to be around SEK 275 (273.0) million and profits after financial items around SEK 41 (54.2) million. As previously announced Christer Sjöström has been appointed as the new CEO in AudioDev. He will take up office on February 1, 2005. Contact us for more information: Thomas Vonheim, Acting CEO & President Tel: +46 40 690 49 00 E-mail: thomas.vonheim@audiodev.com Marielle Noble, Director Corporate Communications Tel: +46 40 690 4905/ Mobil +46 709-694980 E-mail: marielle.noble@audiodev.com Anna Thelander, CFO Tel: +46 40 690 49 42, Mobil: +46 709 694920, E-mail: anna.thelander@audiodev.com