Interim Report For AudioDev AB

2008-07-15 05:44:00

STOCKHOLM, Sweden–(EMWNews)–Regulatory New:

AudioDev AB (STO:AUDVB):

  • Net sales totalled SEK 59.7 million (68.3)

  • Profit/loss after financial items amounted to SEK -15.3 million (-27.0)

  • Net profit/loss for the quarter totalled SEK -12.2 million (-19.3)

  • Profit/loss per share, after dilution, was SEK -0.73 (-1.15)

  • The order backlog totalled SEK 26.9 million (11.1) at the end of the


  • The format war about optical media based on blue laser is over

    following Warner Bros Entertainment’s decision to use the BD blue

    laser format exclusively, and Toshiba have since announced that they

    are phasing out the development and production of the HD-DVD competing


  • AudioDev secured several key orders for blue laser analyzers in the

    second quarter with a total order value of around SEK 27.5 million.

    Several of these orders are intended for continuous production.

AudioDev discloses the information provided herein pursuant to the

Securities Markets Act and/or the Financial Instruments Trading Act. The

information was submitted for publication at 12.30 p.m. on July 15th


AudioDev is a world leading supplier of complete solutions for quality

control of optical media and of inspection systems for quality assuring

the manufacture of thin layers and films. The group’s products for

quality assurance and production efficiency are marketed under the

brands ETA, CATS

and GO!. The customer base includes companies

involved in the manufacturing of optical media, flat panel displays and

other industrial applications where thin layers need to be checked for

quality with respect to colour determination, measuring thickness and

density. AudioDev has a complete offering that includes high precision

analyzers, analyzers for production control, extensive customer support,

training and TestCenters across the world.

Net sales in 2007 were SEK 111.2 million, with the largest markets being

in the US, Asia and Europe. The head office is based in Malmö,

Sweden AudioDev has been listed on the OMX Nordiska Börs

Stockholm exchange since September 2000.

This information was brought to you by Cision

Christer Sjöström,

Chief Executive Officer,
Tel: +46 40 690 49 00, +46 705 45 64 55

Thelander, Chief Financial Officer,
Tel: +46 40 690 49 42, Mobil:

+46 709 694920,

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website now offers Organic Lead Generation & Traffic Solutions