AXIS AB: Interim report January-March 2006

Strong trend for network video continues

- Net sales during the period amounted to SEK 257 M (175). - Operating profit during the period amounted to SEK 38 M (14). - Profit before tax during the period amounted to SEK 38 M (14). - Profit after tax during the period amounted to SEK 27 M (12), - Earnings per share during the period amounted to SEK 0.39 (0.18). "The first quarter showed that the strong sales trend for network video products continues. Growth for the Group as a whole amounted to 47 percent for the first quarter and to 69 percent for video products. Of particular interest was that the retail segment gained pace. Axis received orders for two major installations in US retail chains. In addition, we also noted an increase in demand in the transport sector. " Ray Mauritsson, CEO The full report including tables can be downloaded from the following link: http://www.axis.com/corporate/investor/financial_reports.htm Teleconference: Time: Wednesday, April 19, at 11 a.m. CET. To join the conference: Dial: +46 (0) 8 5052 0110 Access code: Axis Communications Axis AB participants: Ray Mauritsson, CEO and Fredrik Sjöstrand, CFO. For more information, please contact: Margareta Lantz, Manager, Investor Relations & Corporate Communications, Axis Communications Telephone: + 46 (0) 46-272 18 00 or E-post: ir@axis.com