Ad-hoc | 16 May 2002 10:17

Fortec Electronik english

FORTEC: After 9 months in business year 2001/02 still according to plan. Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– FORTEC: After 9 months in business year 2001/02 still according to plan. Landsberg, May 16, 2002. During 3rd quarter (Jan. 01,2002 – March 31, 2002), turnover of FORTEC Elektronik AG amounting to 9,2 million EUR topped the figures of the first two quarters, i.e. 8,5 million EUR in 2nd quarter and 8,3 million EUR in 1st quarter. During these first 9 months, sales in the core business of embedded solutions – being more than 90% of the company’s total volume – also increased by two digits from 21,7 million EUR to now 24,5 million EUR. During the first 9 months of business year 2001/02, profit before tax and interest raised to 1,5 million EUR compared to 1,386 million EUR in previous year. For the business year to end by June 30, 2002 and based on today’s perspectives, it should be possible that the prognosis made will again be fulfilled like during all these previous years. end of ad-hoc-announcement (c)DGAP 16.05.2002 ——————————————————————————– WKN: 577410; ISIN: DE0005774103; Index: Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 161017 Mai 02