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Public disclosure of inside information pursuant to Article 17 MAR

Vtion Announces Preliminary Net Income Figure for FY 2009 and Adjustment to Q3 Figures

  • Preliminary Net Income Figure and Q3 Report Revision 

Frankfurt, 13. March 2010

Vtion Wireless Technology AG announces a preliminary net income figure of Euro 16.55 million for the FY 2009.

The company also announces that the income tax as reported in the Q3 report needs to be adjusted. A deferred tax liability with the amount of Euro 1.18 million has to be recorded as of September 30, 2009. Income tax expenses increase by Euro 1.18 million accordingly. The company's 9 months net income was originally stated as Euro 13.88, but with the correction of the corporate income tax as one-off effect the actual net income for the 9 months 2009 is Euro 12.7 million.

Vtion Wireless Technology AG has scheduled the release of its 2009 Annual Report for April 22, 2010.

 

For further information, please contact:

Kirchhoff Consult AG
Dr Kay Baden, tel.: +49 40 60 91 86 0, baden@kirchhoff.de
Janina Wismar, tel.: +49 40 60 91 86 50, janina.wismar@kirchhoff.de

 

Disclaimer concerning prognoses

Certain statements in this communication contain formulations or terms referring to the future or future developments, as well as negations of such formulations or terms, or similar terminology. These are described as forward-looking statements. In addition, all information in this communication regarding planned or future results of business segments, financial classification numbers, developments of the financial situation, or other financial or statistical data contains such forward-looking statements. The company cautions prospective investors not to rely on such forward-looking statements as certain prognoses of actual future events and developments. The company is neither responsible nor liable for these forward-looking statements. It is not responsible for updating such information, which only represents the state of affairs on the day of publication.

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