Year-end report 2000

Year-end report For the period from January 1 to December 31, 2000 The year in brief * Sales for the full year amounted to SEK 290.2 M, which was an increase of 93% compared with the preceding year (150.3). * Gross profit amounted to SEK 145.2 M (75.5), resulting in a gross margin of 50% (50). * Profit after net financial items amounted to SEK 10.1 M (loss: 6.9), corresponding to a profit margin of 3% (neg). * The number of employees amounted to 153 (85) at year-end, an 80% increase. * Sales in the PKI product area rose sharply during the year to 16% of total sales, compared with 4% for the preceding year. Significant events during the fourth quarter * Protect Data A/S in Denmark signed a contract with Tele Danmark during the period for the deployment of a nationwide digital infrastructure for secure Internet communication. The first major order was received and delivered during December. * Ericsson placed an add-on order in December to supplement previous purchases of Pointsec licenses. The new license gives Ericsson the right to use Pointsec freely on all PCs throughout its organization. * Protect Data A/S in Denmark signed a contract during the period with Copenhagen Business School for the delivery of 20,000 digital signatures for secure Internet communications. * FöreningsSparbanken signed an add-on order during the period valued at SEK 35 M for ActivCard password generators. Deliveries of this order will take place in stages during 2001. * CAP Gemini ordered 24,000 SafeWord password generators during the period, as a result of its acquisition of Ernst & Young Management Consulting. * During the year, Protect Data completed a new share issue resulting in an increase in equity of SEK 123 M. The aim was to enable aggressive investments in organizational expansion and product development. Against this background, the Board of Directors proposes, as in the preceding year, that no dividend should be paid for the fiscal year 2000. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/02/20010202BIT00030/bit0001.doc http://www.bit.se/bitonline/2001/02/02/20010202BIT00030/bit0002.pdf The full Year-End report