Net income of USD 1.2 million in first quarter

German business continues growth trend. 
 

• Revenues of USD 10.7 million and at constant exchange rates of USD 12.1 million, reflect growth of 16.3% over first quarter of 2008.
• Sustained growth in Germany with constant exchange rate revenues up 47% from Q1 08.
• EBITDA of USD 2.6 million (24.3% of revenues).
• EBIT of USD 1.5 million (14.0% of revenues).
• Net income of USD 1.2 million (11.2% of revenues).

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