Tilgin AB (publ) Interim report 1 January - 31 March 2010

Tilgin AB (publ) Interim report 1 January - 31 March 2010

First quarter 2010	
•  Net sales SEK 24.3 million (38.7), a 24 % increase from the previous quarter
•  Net result SEK -9.5 million (-7.2) excluding a SEK 2.8 million provision for
the previous CEO
•  Result per share SEK -0.28 (-0.16) before dilution
•  Order intake SEK 31.0 million (31.8) and order backlog as of 31 March 2010
SEK 48.6 million (30.2)
•  Gross margin 41 % (35 %)
•  Operating result SEK -11.9 million (-6.9)
•  Cash flow from operating activities SEK 2.2 million (-3.2)
•  Cash and bank amounted to SEK 9.5 million (37.4) as of 31 March 2010


― End ― 

"Tilgin makes this information public in accordance with the Swedish Securities
Exchange Act and/or in accordance with the Swedish Financial Supervisory
Authority."

Audiocast:
In view of the interim report, the capital market is invited to an audiocast on
Wednesday 28 April. The live web transmission will start at 09:00 CET.
Participants listening to the audiocast live may send questions via a
questionnaire. Presentations and a link to the audiocast are available at
www.tilgin.com/q110. For those unable to attend at 09:00 CET a recording will be
held available via the company's website.

For further information: 
*  Mats Victorin, CEO Tilgin AB, Tel: +46 8 572 386 02, E-mail:
mats.victorin@tilgin.com 
*  Magnus Teeling, CTO Tilgin AB, Tel: +46 8 572 386 06, Email:
magnus.teeling@tilgin.com

About Tilgin 
Tilgin develops and delivers systems and software for the digitally connected
home. Using Tilgin's home gateways, gateway-based software and remote management
solutions for provisioning, broadband operators can offer next generation
broadband services. Tilgin's solutions are operator-managed, software intensive
and focused on next generation access. They enable operators to create new
revenue streams, strengthen their brand and increase subscribers' quality of
service. For the end-user the value lies in new broadband services and the
possibility to integrate all electronic devices in the home. With more than 30
customers in over ten countries Tilgin has a strong client base with a broad
international reach. Tilgin was founded in 1997 and is listed at NASDAQ OMX
Nordic Exchange i Stockholm. Tilgin is headquartered in Kista, Sweden, and the
company has a network of international sales channels. For more information,
please visit www.tilgin.com