Interim report for the period from january 1 to june 30, 2003

INTERIM REPORT FOR THE PERIOD FROM JANUARY 1 TO JUNE 30, 2003 SECOND QUARTER ·Sales amounted to SEK 53.1 M (53.2) during the quarter. ·Sales of the proprietary product Pointsec increased to SEK 30.6 M (11.0). ·Gross profit amounted to SEK 40.8 M (32.2), resulting in a gross margin of 77% (61%). ·The profit after net financial items amounted to SEK 3.3 M (loss:12.7). ·Liquidity, including unutilized credit facilities and unrealized surpluses values in financial investments, amounted to SEK 134 M (142) on the closing date. ·Equity amounted to SEK 130 M (137), corresponding to an equity/assets ratio of 69% (69%). SIX-MONTH PERIOD FROM JANUARY TO JUNE ·Sales amounted to SEK 87.5 M (95.9) during the period. ·The loss after tax amounted to SEK 3.1 M (loss: 28.5). ·The loss per share amounted to SEK 0.29 (loss: 2.70). SIGNIFICANT EVENTS DURING THE QUARTER ·A prestigious order for Pointsec licenses was received from a US organization. The order value amounted to SEK 14.0 M, including one year's support. SEK 11.9 M was booked as revenue during the quarter. ·Several add-on orders were received from various Nordic customers for authentication systems for Internet banks. ·An add-on order for Pointsec licenses was received from a civil authority in the US. The order value amounted to SEK 1.5 M. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/22/20030822BIT00050/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/22/20030822BIT00050/wkr0002.pdf The full report