IPTE expects lower sales and profits in the Q2/08, due to lower sales in the EMS section

Profits will be significantly lower but will remain positive (prognosis EUR 300.000 to 600.000 profit). The reduction in sales is primarily within the contract manufacturing division. A number of important clients have significantly cut back their orders. Profits will fall proportionately to sales. Sales in the automation activity remain in line with the previous quarter but the division had to deal with under-recovery of costs and overspending on projects, as a result of which it was loss-making during the 2nd quarter. The outlook for the market is too uncertain to be able to make a clear prediction for the 2nd half of the year.