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

INTERIM REPORT FOR THE PERIOD FROM JANUARY 1 TO SEPTEMBER 30, 2003 THIRD QUARTER · Sales amounted to SEK 34.3 M (52.2) during the quarter. · Sales of the proprietary product Pointsec amounted to SEK 16.7 M (15.9). · Gross profit amounted to SEK 23.3 M (32.2), resulting in a gross margin of 68% (62). · The loss after net financial items amounted to SEK 6.7 M (loss: 1.3). · Liquidity at the end of the period amounted to SEK 141 M (139) including unutilized credit facilities and unrealized surplus values in financial investments. · Equity amounted to SEK 125 M (135), corresponding to an equity/assets ratio of 74% (70). SIX-MONTH PERIOD FROM JANUARY TO SEPTEMBER · Sales during the period amounted to SEK 121.8 M (148.1). · The loss after tax amounted to SEK 9.8 M (loss: 29.8). · Earnings per share amounted to a loss of SEK 0.93 (loss: 2.82). SIGNIFICANT EVENTS DURING THE QUARTER · An add-on order was received from a Dutch authority for 5,000 Pointsec licenses. · An authority in South Africa placed an initial order for 1,000 Pointsec licenses. The sale took place via Pointsec's local business partner. · A partnership agreement was signed between Pointsec and F- Secure that includes the acquisition by Pointsec of a strategically important product line from F-Secure. The agreement made it possible for Pointsec to introduce Pointsec for Symbian OS already in October. · Protect Data Solutions delivered a security system for a Norwegian Internet bank during the quarter with an order value of SEK 3.5 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/2003/11/06/20031106BIT00030/wkr0001.doc http://www.waymaker.net/bitonline/2003/11/06/20031106BIT00030/wkr0002.pdf The full report