Interim Report from Sectra AB (publ), for the period May - July 2001

Sectra's first quarter, May-July, fiscal year 2001/2002 Strong start for Sectra in new fiscal year Sectra reports increased sales and order bookings in the first quarter of the 2001/2002 fiscal year. Sales rose by 4 % to SEK 50.2 million (48.5) and order bookings were up approximately 10 % to SEK 93.8 million (85.2). Profit before tax amounted to SEK 2.1 million (4.4). "We normally experience a seasonal variation in which the fiscal year, beginning on May 1, starts with low sales and losses," relates Jan-Olof Brüer, CEO and President of Sectra AB. "For the second consecutive year, this pattern was broken and a profit was reported for the first quarter". Sales in the company's core operations of medical IT and secure communications remain favorable. During the first quarter, Sectra received several orders for digital radiology systems in Sweden and abroad. Among other advances, Sectra scored a significant breakthrough in the Danish market with orders for Sectra's radiology information system (RIS) from the Odense and Funen hospitals. In the secure communications area, Sectra received an order from the Swedish Armed Forces for development of KryptoModem, a flexible solution for communications between stationary as well as portable computers. In August, after the close of the reporting period, Sectra signed an agreement with Kongsberg Defence Communications AS in Norway for the NATO version of the Sectra Tiger telephone. The contract, covering 1,000 telephones with accessories, is Sectra's largest series order to date for the company's new Tiger version. Sectra's digital radiology system was ranked highest in an American customer survey1) that evaluated PACS2) systems from eight leading suppliers in the US. Sectra's system, which is sold by Philips Medical Systems under its own brand on the North American market, topped the ranking with the best performance. "Sectra's digital rdiology system has received the highest rating on several occasions in comparisons with systems from all major PACS suppliers. The fact that our end-customers rank the Sectra system high is the best confirmation our development team can receive that they are developing the right products. This is highly important for our continuing sales," concludes Jan-Olof Brüer. Sectra have a solid position in several high growth niche markets, both in Sweden and internationally. Based on this the Board of Directors expects that Sectra will continue to expand while maintaining profitability. 1) The customer survey was conducted by the research and consulting firm KLAS, based in Draper, Utah, and included 143 health clinics in the US 2) PACS - Picture Archive and Communications System For further information, please contact: Dr. Jan-Olof Brüer, President and CEO Sectra AB, + 46 13 23 52 09, job@sectra.se Visit our website http://www.sectra.com Sectra's operations Sectra has its roots in Linköping Technical University and is one of Sweden's fastest growing high-tech companies in the IT area. Since the mid-1980s, Sectra has successfully conducted development and sales of high-technology medical IT and telecommunications products. Today, the business includes products in medical systems, secure communication systems and wireless information systems. Business is conducted in six countries with a total of 185 employees. Sales for the fiscal year May 2000-April 2001 reached SEK 292 million. Since March 1999, Sectra's shares have been quoted on the O list of the Stockholm Exchange. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/04/20010904BIT00140/bit0001.doc Full Report http://www.waymaker.net/bitonline/2001/09/04/20010904BIT00140/bit0001.pdf Full Report