(openPR) - Turnover grows by 6.2% to 60.35 million euro.
- EBITDA increases by 32.4%.
- EBITDA margin increases by 0.7 of a percentage point to 3.7%.
- Operating profit from normal business activity increases by 26.6% to 1.8 million euro.
- New products launched and market position strengthened.
- Good start to financial year 2007

Ratingen, 21st May 2007
The increase in profit to 60.35 million euro in 2006 (56.83 million euro the previous year) slightly exceeded analysts’ expectations for the Initial Public Offering. After a slow start to the financial year 2006 which was characterised by intense competition in Germany, a marked increase was achieved compared to the previous year 2005 due to the increase in turnover in the second half of 2006. Two factors in particular contributed to this positive development: the targeted opening up of lucrative international growth markets and the simultaneous diversification of products at a domestic level.

At the same time there was a positive development in revenue, particularly in the second half of the year. The revenue before tax, interest and depreciation (EBITDA) increased by 32.4% to 2.25 million euro in 2006. The gross margin for 2006 gained 0.7 percentage points over the value for the previous year. The revenue before interest and tax (EBIT) for 2006, compared with the previous year (1.48 million euro), was up 37.8% to 2.04 million euro. Despite the special effects of a once-off expenditure for the Initial Public Offering to the value of 0.3 million euro, the projected revenue for 2006 was exceeded herewith.

For 2006 there is a proposed profit distribution of 0.18 euro per share which will be paid out under reserve with consent through the Annual General Meeting in 2007.

There were further positive developments in revenue in the first quarter of 2007. With sustained growth in new business areas and in international markets, customer demand was at a very high level during the first quarter of 2007: external sales for the Mox Group increased by 47.4% to 17.2 million euro during this period compared to the same quarter in the previous year.

For 2007 and 2008, the Management Board plans to consolidate and develop the good position achieved in the European and extra-European telecommunication market. With entry into the Australian and US American markets, as well as recently the South African market and markets in the Middle East, Mox Telecom AG is tapping into very important growth potential. With the fast penetration of these regions the supply of mobile telephony will, above all, play an essential role. The continuous further development and re-development of our products – particularly of innovative products in the area of mobile telephony – is hereby an essential competitive factor and will see Mox take major steps towards further market consolidation and the opening up of new markets.

Note: Statements in this report referring to future developments are based on our careful assessment of future events. The actual revenue of the company may deviate considerably from the planned revenues, as they depend on a variety of market and economic factors, which partiallly detract from the influence of the company.

Download: The complete business report is available for download online at www.mox.de under the Investor Relations area.

Meeting: The Annual General Meeting 2007 will take place on 30.05.2007 in Düsseldorf.

Security Paper: Mox Telecom AG – WKN: 660 580 ISIN: DE0006605801

The Mox Telecom Group is a global provider of international telephony and develops for its customers need-based telecommunications products for cost effective, high quality mobile and fixed line telephony. The focus is on target groups with a high need for international telephony. The company, founded in 1998, began to specialize early on in the development and sale of pre-paid telecommunication services and has since established itself as one of the leading providers in the market. Alongside the main sales medium, the calling card, the company is diversifying at present into the area of mobile telephony. Only recently the launch of a ‘virtual calling card (MoxMe)’ was announced, with which the user can activate call credit for his mobile via SMS. Besides Germany and several other European countries, Mox competes successfully in the USA, Canada, Australia, South Africa and the Middle East.

Contact:
Katharina Kreische
PR/IR & Marketing

E-mail: presse@mox-ireland.ie


Mox Telecom Ireland Ltd.
10 Fitzwilliam Square,
Dublin 2, Ireland
T: 00353 1 6615-538
F: 00353 1 6615-508

Mox Telecom AG
Kaiserswerther Str. 85
40878 Ratingen, Germany
T: 02102-8636-15
F: 02102-8636-56