Mox Telecom AG: Turnover for Q1 2007 up by 47.4% to 17.22 (11.68) million euro

EBITDA in Q1 2007 increases to 0.85 (-0.01) million euro

- New products and markets continue to drive growth

Ratingen, 11th June 2007

After starting on the stock exchange on 6th December 2006 and with a clear growth in turnover for 2006, Mox Telecom has significantly increased its turnover in the first quarter this year by 47.4% to 17.22 million euro versus the same period last year (11.68 million euro). Earnings before interest, taxes, depreciation and amortization (EBITDA) – still showing a negative value (-0.01 million euro) in the first quarter of 2006 – rose to 0.85 million euro. There was also a clear rise in the EBITDA margin from -0.13% to 4.91%. The operating profit is 25 cent per share (previous year: -3 cent).

The sustained positive development in turnover since mid 2006 continues uninterrupted into 2007. Essential growth drivers for Mox Telecom AG are new entry into international growth markets and the launch of new products.

Germany remains the biggest market and is accountable for approximately 49% of sales revenue. The continuous rise in profit generated by the Mox Group overseas through the expansion of its international business operations lends an ever increasing importance to the new markets. In comparison with the same reference period last year overseas turnover increased by 47.4% to 17.2 million euro. The most important markets here are USA and Australia, where approximately 39% of overseas revenue is generated. By the same token, sustained growth in new business areas such as mobile telephony and VoIP, as well as the further development of existing products, has lead to a consistently high level of demand.

Mox assumes this positive trend in turnover and earnings is set to continue for the remainder of the financial year. The international expansion of the business and the constant advancement and new development of products will also be essential drivers in terms of development in the future. The provision of mobile telephony will play an integral role in the quick penetration of the US-American and South African markets in particular, as well as the Middle East.

For 2007 Mox is aiming for an annual net profit of at least 2.5 million euro and earnings of at least 80 cent per share. On the strength of its strong market position and sustained demand for new products, the Management Board also envisages a significant increase in earnings from normal business activity in 2008 and an annual net profit well in excess of that achieved this year. Projected calculations for 2008 indicate an annual net profit in the region of twice that of the current year 2007.

Note:
Statements in this report in terms of future development are based on our careful estimation of prospective earnings. The company’s actual earnings may vary considerably from its planned earnings, as earnings are dependent on a number of market and economic factors, which are partly beyond the influence of the company.

Download:
The figures for this quarter are available for download online under the ‘Investor Relations’ area at www.mox.de.

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

About Mox Telecom:

The Mox Telecom Group is a global international telephony provider in the business of developing needs based telecommunication products for low-cost, high quality mobile and fixed line telephony. The focus is target groups with a high need for international telephony. The company, founded in 1998, specialised early on in the development and sale of pre-paid telecommunication services and has since established itself as a leading provider in the market. Besides its main business activity, the calling card, the company has diversified, particularly in the area of mobile telephony at present. Just recently the market launch of a ‘virtual calling card (MoxMe)’ was announced, with which the user purchases call credit for his mobile phone via SMS. Alongside Germany and several other European countries Mox operates successfully in USA, Canada, Australia, South Africa and the Middle East.

Contact:

Katharina Kreische
PR/IR & Marketing
E-mail: presse@mox.de


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

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