DGAP-News

Vtion makes further progress in transition of business model over Q1 2013 - Seite 2

to progress on schedule. As of the end of March, Vtion has established a
total of 6,831 connections and early sales efforts are already underway.

For the financial year 2013, the company's management continues to expect
revenues between 60 and 70 million Euro, with an EBIT margin between 8 and
10 per cent. Though the company is making steady progress in its newer
business segments, wireless data terminal sales will likely continue to
represent the majority of the company's financial results for 2013.

Dividend of 0.055 Euro

Vtion will hold its Annual General Meeting on June 27th. The management
will recommend to the AGM a dividend payment on the first business day
after the 2013 AGM equivalent to 15 per cent of the company's net profit in
2012. This corresponds to a dividend of 0.055 Euro per share and is
consistent with the company's past dividend practice.

About Vtion

The Vtion Group is a leading supplier of wireless computing solutions and
products for mobile Internet access via broadband wireless networks in the
People's Republic of China. The company offers industry-specific computing
solutions to the insurance industry through its E-Agency platform. Through
its wholly owned subsidiary, Vtion Anzhuo, the company offers online
applications for the Android operating system. For 2012, the company
reached sales revenues of 75.6 million Euro with an EBIT margin of 9 per
cent. Vtion Wireless Technology AG shares are being traded in the Prime
Standard on the Frankfurt Stock Exchange with the ISIN DE000CHEN993. The
company's ticker symbol is V33.

For further information, please contact:
Kirchhoff Consult AG
Dr Kay Baden, tel.: [phone], [e-mail]
or visit the company website at: www.vtion.de

Disclaimer concerning prognoses
This communication contains forward-looking statements. Forward-looking
statements are statements that are not historical facts instead they
reflect Vtion's current views and expectations and the assumptions
underlying them about future events. Forward-looking statements are subject
to many risks and uncertainties. If any of such risks and uncertainties
materialise or if the assumptions underlying any of Vtion's forward-looking
statements are proving to be incorrect, Vtion's actual results may be
materially different from those expressed or implied by such
forward-looking statements. Vtion does not intend or assume any obligation
to update these forward-looking statements. Any forward-looking statement
speaks only as of the date on which it is made.


End of Corporate News

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Language: English
Company: Vtion Wireless Technology AG
Westhafenplatz 1 (Westfalen Tower)
60327 Frankfurt
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail];[e-mail]
Internet: www.vtion.de
ISIN: DE000CHEN993
WKN: CHEN99
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


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