Interim report for AudioDev AB

January 1– March 31, 2008
(Figures in brackets relate to January – March 2007)

• Net sales totalled SEK 14.7 million (33.2)

• Profit/loss after financial items amounted to SEK -15.8 million (-10.3)

• Net profit/loss for the quarter totalled SEK -12.7 million (-9.7)

• Profit/loss per share, after dilution, was SEK -0.76 (-0.58)

• The order backlog totalled SEK 23.2 million (12.5) at the end of the quarter

• The format war is over following Warner Bros Entertainment's decision to use the BD blue laser format exclusively, and Toshiba have since announced that they are phasing out the development and production of the HD-DVD competing format.

AudioDev discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.15 p.m. on April 24th 2008.