Q1 revenues: 5.8 Million euros – Up 33%, including 19 % organic growth

First business quarter 2002/2003 Activity
Consolidated turnover for Q1 at 30 June 2006 recorded at 5.8 Million euros gaining 33% on a year-to-year basis (4.4 Million euros Q1 2001/2002). On the comparable SoluCom-Idesys perimeter, turnover comes out 5.2 Million euros up 19%.
Commenting on the figures, Pascal Imbert, Joint Chairman pointed out: « These figures are satisfactory in terms of organic growth. The market however remains tense and offering a limited visibility. As far as the Operator market is concerned (representing less than 20% of Group's operations), the situation is still disaster-stricken but we have reduced our exposure with Arcome's restructuring measures in March 2002 ».

Perspective: annual objectives announced in June 2002 maintained
Regarding financial 2002/2003, providing that the market conditions remain stable, the Group confirms its objectives to achieve a turnover of 24M€, with an operating profitability that should exceed that of the 2nd half of 2001/2002 (6.4%). It is important to note that the first half of this year shall be subject to the impact of the summer's low business level, without benefiting from the full effect of the action taken for Arcome.

About the SoluCom Group

Solucom, which was formed through the merger of SoluCom, Idesys and Arcome, is active in infrastructure consulting and engineering in the telecoms and networks, security and e-technologies segments. The Group has positioned itself in very high value-added services.
The Solucom Group's client roster includes some very prestigious names, all of which are very large accounts, including Air France, Amadeus, Arcelor, Auchan, Banque de France, BNP-Paribas, Caisse d'Epargne, Cegetel, Crédit Agricole, EDF, France Télécom, Groupement Cartes Bancaires, La Poste, the French Ministries of Finance and the Interior, LVMH, Renault, SNCF, Société Générale, Suez, TotalFinaElf and Vivendi.
SoluCom trades on the NextEconomy segment of Euronext Paris.
Euroclear Code 7486 – FTSE: 972, IT services – ISIN: FR0004036036

Next financial releases: AGM 30 September 2002, Q2 Revenues 13 November 2002, Half-Year Results 11 December 2002

Consult our latest financial information at : www.solucom.fr