Home
About Us
Products
Investor Relations
Press
References
Contact
Legal Info
conVISUAL AG

conVISUAL has improved its market position, with an increase in turnover of 6.8% in the first half year and a successful entry into the US market

25 August 2006 - Oberhausen, Germany

conVISUAL, a full service provider for interactive value added services, enhanced its position in Europe and successfully entered the US market during the first half of 2006. conVISUAL's sales mix improved and turnover increased by 6.8 per cent to EUR 5.28 million, compared to the previous year.

In the first half of 2006, conVISUAL enhanced its market position as a full service provider for mobile and voice-based value added services by launching projects for several important customers, e. g. endemol International and RTL II, connecting media and telecommunications. In addition to its success in Europe during the first half of 2006, conVISUAL entered the US market and concluded its first contracts with major TV industry customers. The company signed contracts with the American broadcasters Fox Television Stations (Fox Group New York), WDIV (an affiliate of the NBC Television Network) and KWGN-TV (an affiliate of the CW Television Network, founded by Warner Bros. Entertainment and CBS Corporation).

The result is significantly influenced by the one-off costs for the IPO and other extraordinary costs. In the first half year, the EBITDA had a deficit of EUR 1.76 million, compared to EUR 0.17 million for the same period in the previous year. Without extraordinary costs, such as IPO and subsidies to secure advertising space in the area of TV, the EBITDA was EUR 0.59 million, in the first half year 2006. The period-related deficit is EUR 2.5 million. The previous year's surplus was EUR 0.06 million. Reduced by extraordinary costs, this was a deficit of EUR 0.73 million.

Because of its successful operating position in the first half of the year, conVISUAL is expecting a dynamic increase in the second half. For strategic reasons, the management gives priority to turnover quality - divided into business segments, regions, and margin levels - instead of focusing merely on quantitative targets. Against this background, conVISUAL has an optimistic view of future developments, expecting a further increase in turnover and a likely achievement of its break-even-point in 2007.

Apart from its continuous positioning as a full service provider for major customers, conVISUAL will also concentrate on further expansion into the USA in the second half of the year. Project launches from the initial US contracts will occur in the fourth quarter. And, conVISUAL expects more significant contracts to close in USA and South America during the remainder of the year.

Note:
This information does neither constitute a sales offer nor an invitation for the submission of a purchase offer or the subscription of securities. There is no public offer of conVISUAL shares, in the scope of the issuing of shares in the Open Market of the stock exchange, Frankfurt. This information is not a share brochure. The information at hand is not meant to be forwarded, directly or indirectly, to or within the USA, Canada, Australia or Japan.

conVISUAL
Essener Strasse 2-24
46047 Oberhausen, Germany
E-mail: info@convisual.com
www.convisual.com

Media Contact
Sandra Wiewiorra
Public Relations Manager
E-mail: press@convisual.com
Phone: +49 (208) 97 69 5 - 807