Micronic reports on second quarter 2009

Täby, Sweden, July 8, 2009 - Micronic Laser Systems AB (listed on the NASDAQ OMX Nordic Exchange Stockholm, in the category Small cap, Information Technology: MICR) today presented the Group’s Interim Report for the first six months of 2009. The information contained in this interim report is subject to the disclosure requirements of Micronic Laser Systems AB (publ.) pursuant to the Swedish Securities Market Act. The information was submitted for publication on July 8, 2009, 8:00 a.m.

* Order intake for the first half of 2009 was SEK 259 million (96), of which SEK 181 million (46) referred to the second quarter. * Net sales for the first half reached SEK 443 million (125), of which SEK 376 million (46) referred to the second quarter. * Operating profit for the first half was SEK 87 million (-127). For the second quarter, operating profit was SEK 154 million (-85). * Operating profit adjusted for capitalization and amortization of development costs for the first half was SEK 113 million (-158). For the second quarter, adjusted operating profit was SEK 167 million (-100). * Profit after tax for the first half of the year is reported at SEK 58 million (-90), equal to earnings per share of SEK 1.49 (-2.30). Profit after tax for the second quarter was SEK 108 million (-61), equal to earnings per share of SEK 2.77 (-1.55). * The order backlog at June 30, 2009, totaled SEK 11 million (296) and consisted of one upgrade on an already installed system. The order backlog at year-end 2008 was SEK 224 million. * An extra general meeting held on July 2, 2009, decided to acquire MYDATA automation AB through a directed share issue to the shareholders in MYDATA. * The Board of Directors anticipates additional orders for pattern generators to be shipped in the current year 2009 and expects sales of Micronic’s products for the full year to exceed the year-earlier level. MYDATA’s sales in the second half of 2008 amounted to SEK 327 million. Sales for the second half of 2009 are expected to fall short of the previous year. “In the second quarter we recognized the sale of two Prexision systems and one FPS system. Net sales reached SEK 376 million. During the same period gross margin was 65 percent, which demonstrates the competitiveness of our product range and the strength of our earning power. The corresponding figure for the first six months was 58 percent. Operating margin for the first half of the year was also strong at 25 percent, adjusted for capitalization and amortization of development costs. Inventories have decreased by SEK 40 million during the year and amounted to SEK 269 million at the end of the period. Cash flow for the first half totaled SEK -18 million. This includes a refund of SEK 142 million to ASML for advance payment of future royalties,” says Sven Löfquist, President and CEO of Micronic Laser Systems AB. “Volumes in the display industry rose in the second quarter, driven by a more powerful demand from Asia in particular. We are also noting a significantly higher rate of capacity utilization among our customers and we believe that photomask makers will reach their capacity limit in the second half of the year. The only thing now holding back orders for additional capacity from our customers is the financial position now prevailing,” adds Sven Löfquist. “The semiconductor market has not shown any recovery and the level of uncertainty remains high. The large merchant mask shops find themselves in a very difficult situation. However, we see opportunities for business in new areas where our systems offer strong price and performance advantages. All in all, we see potential for additional orders from both the display and semiconductor markets for delivery during the current year,” concludes Sven Löfquist. Company contacts: Sven Löfquist President & CEO +46 8 638 52 00 sven.lofquist@micronic.se Carl-Johan Blomberg CFO +46 8 638 52 00 carl-johan.blomberg@micronic.se