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    DGAP-Adhoc  994  0 Kommentare Electronics Line 3000 Ltd.: Results of the first half year 2014 below expectations - outlook for 2014 adjusted - Seite 2


    as at December 31, 2013.

    In the Reporting Period, net cash provided by operating activities amounted
    to US$ 0.5 million compared to US$ 1.4 million during the respective period
    last year.

    The Company believes that it will not be able to achieve its 2014 financial
    targets mainly due to delays in launching of a new product line which
    served as the basis for the Company's volume expectations. The Company's
    customers are waiting for the launch of the new product line and therefore
    hold back their purchase orders. Consequently, the Company revises its
    revenue guidance by approximately -22% now expecting sales of approximately
    US$ 14 million for fiscal 2014. As a result of the decrease in revenues,
    the Company believes that its earnings for fiscal 2014 will be adversely
    affected.

    The reviewed interim report for the first half year of 2014 will be
    available on August 14, 2014, on the Company's website at
    www.electronics-line.com in the investors section.

    For more information please contact:

    Ms. Sari Ellenberg
    investor.relations@electronics-line.com


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    Information and Explaination of the Issuer to this News:

    About Electronics Line (EL):
    EL is a pioneer in next-generation security solutions for the residential
    and small commercial markets. The Company designs and produces cutting-edge
    solutions for security and control of living and working environments. The
    EL line provides comprehensive security protection, as well as
    sophisticated system and home management functionality, for optimal
    comfort, safety and peace of mind. This new industry standard is further
    upgraded with enhanced remote management capabilities that give homeowners
    instant access to their system from anywhere in the world.

    Upgrading Everyday Security
    EL solutions enable new levels of control and maintenance in protected
    sites through the ELAS, a proprietary remote management server. The Company
    enjoys a unique market position in supplying ELAS-governed systems for the
    home and workplace, which provide the multiple benefits of a virtual
    security presence, convenient home automation, and energy efficiency, all
    customized by the end-user and/or the service provider.

    EL's wireless solutions offer enhanced detection and PSTN/IP/GSM/GPRS-based
    event reporting, along with advanced remote management tools. The
    back-office support and customized branding of EL solutions provide
    superior security with significant business benefits and market expansion
    potential.

    Global Partnerships
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    DGAP-Adhoc Electronics Line 3000 Ltd.: Results of the first half year 2014 below expectations - outlook for 2014 adjusted - Seite 2 Electronics Line 3000 Ltd. / Key word(s): Forecast/Half Year Results 13.08.2014 16:13 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content …

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