Tilgin Interim report 1 January – 30 September 2007

Third quarter 2007
• Net sales SEK 89.9 million (86.6).
• Net result SEK -5.2 million (-7.2), of which realized and unrealized currency hedging positions negatively affected the result by SEK -4.1 million.
• Loss per share SEK -0.24 (-0.56) before dilution.
• Order intake SEK 117.9 million (118.8) and order backlog as of 30 September 2007 SEK 107.0 million (121.7).
• Gross margin 28 % (17 %).
• Operating loss SEK -4.8 million (-5.8).
• Cash flow from operating activities SEK -3.1 million (-34.8).
• Cash and bank SEK 40.2 million (17.1) as of 30 September 2007.

First nine months of 2007
• Net sales SEK 273.6 million (285.0).
• Net result SEK -46.4 million (-40.8).
• Loss per share SEK -2.08 (-3.31) before dilution.
• Gross margin 21 % (20 %).
• Operating loss SEK -44.5 million (-38.3).
• Cash flow from operating activities SEK 46.1 million (-63.4)

”We have experienced strong growth in order intake during the third quarter, following a weak second quarter. Our IPTV business in particular has showed strong recovery.”
Ola Berglund, CEO

― End ―

“This press release has been reported to the Swedish Financial Supervisory Authority subject to FFFS 2007:11”.

PHONE CONFERENCE:
In view of the interim report, the capital market is invited to a conference call on Friday 26 October. The conference will start at 09:00 CET. Participants may follow the conference via Internet, website www.tilgin.com/q307, or access it by dialing UK +44 (0) 207 138 0843 or Sweden +46 (0)8 5352 6457. A presentation will be held available at the company’s web site.