Interim report for the period from January 1 to June 30, 2000

Interim report for the period from January 1 to June 30, 2000 Strong second quarter *Net sales increased by 127% to SEK 90.9 (40.0) during the second quarter. For the first six months as a whole, this corresponded to a sales increase of 77% to SEK 132.5 M (74.7). *Profit after net financial items amounted to SEK 11.2 M (loss: 4.3) for the quarter, resulting in a profit of SEK 3.5 M (loss: 4.3) for the first six months of the year. *The number of employees was 130 (79) at the closing of the period, which was a 65% increase compared with preceding year. Significant events during the second quarter *Success sales in the User Identification product area continued during the period, with large deliveries to Internet banks. During the period, a supplementary order amounting to SEK 50 M was received from FöreningsSparbanken that will be delivered during the second half of 2000. *Major advances were also achieved in the PKI product area, as a result of a cooperative agreement between Protect Data Norway and Norwegian telecom operator Telenor. As one result of this partnership, Protect Data Norway received an order from Telenor for a PKI system valued at SEK 27 M that was deliverd in June. *Working with Telenor, Protect Data Norway also signed a contract for a PKI system for Norsk Hydro. The order value will amount to several millions, with deliveries to take place successively over the coming year. *Protect Data Finland received an order in June valued at more than SEK 2 M from a major Finish telecom company for MIMEsweeper, a Content Control product. *Protect Data Software AB changed its name to Pointsec Mobile Technologies AB. Marketing, development and support of the company's proprietary products was concentrated in this company. In September, the Protect!TM encryption product will be launched under the new name Pointsec. Significant events after the end of the period *After the end of the period, a major order was received from Cisco Systems, Inc. for the proprietary encryption system Protect!. The order comprises licenses for 40,000 computers in the form of a three-year leasing contract. In conjunction with this order, Cisco entered an agreement with Protect Data regarding joint marketing of Protect!. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/23/20000823BIT00020/bit0001.doc http://www.bit.se/bitonline/2000/08/23/20000823BIT00020/bit0002.pdf The full report