MALMO, Sweden, July 15, 2005 (PRIMEZONE) -- AudioDev:
- Net sales totalled SEK 86.6 (178.6) million.
- Profit after financial items was SEK -7.0 (46.1) million.
- Profit for the period was SEK -5.8 (34.1) million.
- Profit per share amounted to SEK -0.35 (2.04).
- The backlog of orders was SEK 73.3 (28.8) million at the end of the period.
- By the end of the second quarter AudioDev has started deliveries of test equipment for Microsoft's games platform, the Xbox 360.
AudioDev in brief
AudioDev is a world-leading manufacturer of test equipment for quality control of optical media such as CDs and DVDs. The company also holds a leading position within the ongoing development of the blue laser based formats, BD and HD DVD. Net sales in 2004 were SEK 275.0 million with the largest markets being in the US, Asia and Europe. The head office is based in Malmo, Sweden. AudioDev has been listed on the Stockholm Stock Exchange since September 2000.
AudioDev's products are sold under the brands CATS and Go!. The products in the CATS series are high precision analyzers for quality testing of all formats on the market. Go! is a new brand with products optimised for production control. AudioDev also offers an extensive service network, as well as customised training and independent test analyses via AudioDev's TestCenter. AudioDev's customers include Cinram, CMC, Microsoft, Moser Baer India, Panasonic, Pioneer Ritek Corp. and Technicolo.
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