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artec technologies AG announces preliminary financial results for business year 2012 - positive prospects for 2013

artec technologies AG  / Key word(s): Miscellaneous/Miscellaneous

13.02.2013 18:00

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Diepholz/Bremen, Germany - artec technologies AG (ISIN DE0005209589), a
leading manufacturer of network-based video-surveillance,
broadcast-confirmation and IPTV systems, announced its preliminary, i.e.
not yet finally confirmed, results for the just lapsed business year 2012.
According to those numbers, the company attained sales revenues of about
2,22 mil. Euros, in contrast to 1,75 mil. Euros in the preceding year
(2011). This corresponds to an increase of about 26 %. Compared with the
previous year, the EBITDA of TEUR  74 improved by  238 % to TEUR 250, The
results of normal business operations(EBT) rose above those of 2011 to TEUR
126 and exceeded by approximately 173 % that year´s corresponding results.
Final numbers will probably be released by the company at the beginning of
May.

Gratifying start of the new business year 2013

Effective at the beginning of January, 2013, artec technologies AG and a
television broadcaster closed a maintenance agreement valued at an amount
in the lower six-digit range. The agreement will run for the next two years
and be a continuous source of revenue, thus providing artec technologies AG
a positive outset for the upcoming new year. Large-scale projects in both
areas of the company´s business activities and which contributed to the
company´s total revenues and earnings in the previous year will continue to
have positive effects on the results during this business year as well.
Further, artec technologies AG is presently active in a number of national
and international bidding competitions. The company is striking an
optimistic note that results similar to those in 2012 can likewise be
achieved this year.

Continued expansion of the video security technology business model

In ever-shorter cycles, ongoing rapid technical progress requires constant
adaptation of a company´s business models. In the area of video security
technology, artec´s Board of Directors anticipates that digital cameras
will continue to replace network recorders in video capture and related
functions. This so-called ´edge recording´ certainly provides a number of
advantages. In such cases, videos are recorded directly onto commercially
available SD memory cards contained in the cameras. Particularly in smaller
video surveillance systems, it is expedient to simply view the results of
such captured events as live or recorded videos via the Internet. This can,
for example, be achieved via apps in commonplace tablet or smartphone