Viscom AG: 2010 Financial Year Exceeds All Expectations

- Revenue rises steeply by EUR 40,024 thousand in 2010 - a plus of about 92 % compared to 2009
(EUR 20,874 thousand)

- Revenue in Asia grows 5.2 times to EUR 7,629 thousand (previous year: EUR 1,470 thousand)

- EBIT once again positive at EUR 7,132 thousand (previous year: EUR -13,893 thousand)

- Incoming orders of EUR 48,249 thousand significantly above the previous year (EUR 19,931 thousand)

Hanover, 30 March 2011 - The 2010 financial year has been highly favourable for Viscom AG (ISIN DE 0007846867), the European market leader for automated optical inspection systems for the electronics industry. Starting in the second quarter of 2010, Viscom was able to benefit as the market began to recover so the Company once again reported positive earnings and financial key indicators. Consolidated revenue increased by approximately 92 % to EUR 40,024 thousand in 2010 (previous year: EUR 20,874 thousand). 'These results exceed even our most optimistic forecasts for 2010,' commented Dr. Martin Heuser, Executive Board member and co-founder of Viscom AG. 'At around EUR 17 million, we generated the second-highest quarterly revenues in the history of the Company during the fourth quarter of 2010.'

Revenue in Asia increased 5.2 times compared to the previous year for a total of EUR 7,629 thousand (previous year: EUR 1,470 thousand). A renewed willingness to invest among automobile and electronic equipment manufacturers as well as expanded sales activities to recruit new Chinese customers made a significant contribution to the revenue increase. 'Asia is and remains the most important target market for Viscom,' explained Volker Pape, Executive Board member and co-founder of Viscom AG. 'Our S3088, S6056 and X7056 inspection systems have become well established in the region by now. We were able to gain several new key customers by expanding our sales activities.'

Revenue in Germany increased by around 71 % to EUR 17,239 thousand (previous year:
EUR 10,072 thousand). In the rest of Europe, revenue at EUR 11,759 thousand also significantly exceeds the figure for the previous year (EUR 6,873 thousand). Impulses from the relocation and development of production capacity in Eastern Europe were increasingly felt in this region in 2010.

The American market is slow in recovering from the financial and economic crisis. Notwithstanding an increase of around 38 % compared to the previous year (EUR 2,459 thousand), revenue of EUR 3,397 thousand in the Americas region is not yet satisfactory but indicates that developments in 2011 should be positive.

The order situation is particularly favourable. Incoming orders of EUR 48,249 thousand are approximately 142 % above the comparable value for the previous year (EUR 19,931 thousand). Order backlog at the end of 2010 was EUR 13,480 thousand (previous year: EUR 5,255 thousand). This corresponds to the full utilisation of production capacities for approximately three months.

The highly positive net profit for the period of EUR 10,523 thousand (previous year: EUR -13,717 thousand) is partly based on non-recurring extraordinary items such as the capitalisation of deferred taxes in the amount of EUR 4,080 thousand, the reduction in the need for inventory write-downs of EUR 1,695 thousand and the capitalisation of development costs in the amount of EUR 1,065 thousand. But even without these extraordinary items, the result of EUR 3,683 is still clearly positive and proves that cost reduction and Group restructuring efforts are paying off.

The extraordinary items mentioned above also had a positive impact on the results of operating activities. EBIT increased to EUR 7,132 thousand (previous year: EUR -13,893 thousand), resulting in an EBIT margin of 17.8 %. EBIT excluding extraordinary items was EUR 4,372 thousand and the adjusted EBIT margin 10.9 %.

The management of Viscom AG expects revenue of EUR 45 million to EUR 47 million as well as an EBIT margin of 10 % to 13 % in the 2011 financial year.

The Annual Report 2010 is now available on our website www.viscom.com in the Investor Relations section.

Insofar as this report contains forecasts or communicates expectations or statements that refer to the future, such information may be associated with risks and uncertainty. As a result, we cannot guarantee that the expectations will prove to be correct. The actual results and developments may deviate significantly from the expectations and assumptions that have been expressed. Factors that may lead to such deviations include changes in the overall economic and competitive situation, exchange rate and interest rate fluctuations or national and international legal changes. The company assumes no obligation to update the information contained in this report.

Key figures of Viscom AG

Consolidated Information

Key figures (KEUR)	01/01-31/12/2010	01/01-31/12/2009
Revenue	40,024	20,874
EBIT	7,132	-13,893
EBIT margin	17.8 %	-66.6 %
Financial result	343	618
Income taxes	3,048	-442
Net profit for the period	10,523	-13,717
Earnings per share	EUR 1.18	EUR -1.54
Shares	9,020,000	9,020,000
Number of weighted shares	8,885,060	8,885,060
Number of employees	264	273

Segment Information

Key figures (KEUR)	01/01-31/12/2010	01/01-31/12/2009
Europe
Revenue	28,998	16,945
EBIT	6,735	-12,348
EBIT margin	23.2 %	-72.9 %
Asia
Revenue	7,629	1,470
EBIT	336	-641
EBIT margin	4.4 %	-43.6 %
Americas
Revenue	3,397	2,459
EBIT EBIT margin	37 1.1 %	-904 -36.8 %

Contact:
Viscom AG
Investor Relations
Dirk Schwingel
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-771
Fax: +49-511-94996-555
dirk.schwingel@viscom.de