Q1 Interim Results

Q1 revenue at NOK 8.3 million: 32% growth over Q1
2007, 38% at fixed USD,
26% growth over Q4 2007

Other highlights include:

New Dolphin Express products launched Over 15 new customer sales Over 40 new deals in sales pipeline since introduction Several major corporations begin evaluations

Dolphin Express sales channel development on track Five new Dolphin Express resellers added in US, Europe and Asia Discussions underway with additional major OEM and reseller partners HP and Sun endorse Dolphin Express for Oracle and MySQL performance Oracle-Dolphin Express support announced Oracle certification on track for completion in July NumaConnect technology details unveiled in meetings with major OEMS Four ready to take NuamaChip first samples in early 2009 $0.5M contract signed in April with Sun for IP licensing and collaboration

Dolphin Express marketing activities accelerate with Connect Better campaign New web site launches campaign Webinars & MySQL and Oracle tradeshows help grow sales pipeline

Read full report at www.newsweb.no or www.dolphinics.com

For further information, please contact
Tim Miller, CEO, telephone +1 508 7405 949 
Alex Gundersen, CFO, telephone +47 41 47 41 07