Presentation of Year End Report 2009

2010-02-10 Year End Report 20091

• 11.0% EBITDA margin for Q4 2009• 52.3% equity/assets ratio• Improved cost-efficiency• Growing proportion of Nordic public sector

assignments• Breakthrough with the major operators in

Asia and Middle East • Growth in Asia with 61%• Wider geographic presence, three new sites

– Katowice, New Delhi and San Jose

• Action programme• Goodwill write-down• New share issue of SEK 100 million implemented• Offset issue

After year end • Adaption of operations in southern Sweden, layoffs announced affecting 80 people

Improved margins in Q4 and many new deals

2010-02-10 Year End Report 20092

• Market still in recession, but some sun is shining through

• Nordic market more positive and buying pattern is foreseen to change in 2010

• Important to follow customers to their strategic sites

• Market in general more and more competitive

• Price pressure stabilized

• Global sourcing capabilities mandatory in private frame agreements

• Mobile services is the fastest growing area in IT sector– Google, Palm, Blackberry, Facebook, Apple– Smart phones is main growth sector for the mobile

handset manufacturers– Increases ARPU and data traffic volume for mobile

network operators– Suppliers can sell more upgrades @ new speed levels

The market

2010-02-10 Year End Report 20093

• New customers in Q4 include the European Aeronautic Defence and Space Company, EnterCard, HSB, Kapsch TrafficCom, and Scalado

• Major assignments– Android project with China Mobile Wireless

Music R&D centre– Telecom interoperability field tests for mobile

network in Poland– Test of mobile platforms in India, Bangalore– Design of next-generation radio base station from

a leading network equipment provider, Poland

• Partnership with Nokia Qt– Qt development assignments won from customers in the US,

from LG Nortel in Korea and Sunniwell in China

• Preferred supplier to Ericsson and Sony Ericsson

Many new deals

2010-02-10 Year End Report 20094

• Increase in public sector in the Nordics 2009

• New agreements with– Danish National IT and Telecom Agency,

Elsparefonden and the Danish Tax Agency– YLE (Finland’s public service company for

radio and television), Itella (postal services) Helsingin Energia and City of Tampere

– Swedish Board of Agriculture, Posten (postal services), the Swedish Board for Study Support, The National Government Employee Pensions Board and the Swedish Social Insurance Agency, The National Board of Health and Welfare

• In 2010 many outsourcing contract will be released to the market

• Public sector business is stable and long term

• Frame agreement prerequisite for business

The importance of public sector

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• Major breakthrough in winning new clients in emerging markets• Delivering projects to the market leader in six countries in Asia and Middle East,

including the three biggest telecom markets in South and South East Asia • Long relations with Millicom and running projects for Tigo in Africa

Successful sales in emerging markets

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Increase in public sector and stability in telecoms

2010-02-10 Year End Report 20097

4%

16%

11%

11%

11%

47%

Revenue per sector - Q4'09

Bank & Finance

Public Sector

Industry

Other

Telecom - Operators

Telecom - Suppliers

4%

16%

11%

11%

11%

47%

Revenue per sector - Q4'09

Bank & Finance

Public Sector

Industry

Other

Telecom - Operators

Telecom - Suppliers

3%

14%

12%

13%

12%

46%

Revenue per sector - 2009

Bank & Finance

Public Sector

Industry

Other

Telecom - Operators

Telecom - Suppliers

Local presence - Global reach

8 Year End Report 2009

Cybercom USA

Cybercom Sweden

Cybercom Finland

CybercomDenmark

CybercomPoland

CybercomRomania

CybercomMEA

JVC CybercomDatamatics

CybercomSingapore

CybercomChina

Cybercom Estonia

2010-02-10

Full year 2009

2010-02-10 Year End Report 20099

2009 2008

Sales MSEK 1 751.6 1 781.1

EBITDA 144.1 193.8

EBITDA % 8.2% 10.9%

EBIT MSEK -177.7 156.0

EBIT % -10.1% 8.8%

Underlying EBIT 7.8% 9.1

Underlying EBITDA 10.2 11.2

• Goodwill write-down of SEK 280 million

• New share issue of SEK 100 million

• Offset share issue of SEK 27.7 million

• Restructuring costs totalling SEK 28.2 million

Q4 2009

2010-02-10 Year End Report 200910

Q4 2009 Q4 2008

Sales MSEK 446.3 484.2

EBITDA 49.3 50.6

EBITDA % 11% 10.5%

EBIT MSEK 38.7 40.8

EBIT % 8.7% 8.4%

• Visible effect from cost-efficiency programs

– Improved margins EBIT and EBITDA

EBITDA, rolling 12 months

2010-02-10 Year End Report 200911

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Q407 Q108 Q208 Q308 Q408 Q109 Q209 Q309 Q409

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MSE

K

Bank loans

Goodwill

Employees

Financials

2010-02-10 Year End Report 200912

• Although Cybercom has substantial goodwill and bank loans, this is an

effect of a fundamentally very positive development.

auSystems700 employees

Plenware550 employees

Loan situation is temporary

2010-02-10 Year End Report 200913

• With a continued strong operating cash flow, Cybercom is amortizing the bank loans at a considerable pace.

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MSE

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Bank loans

Cash flow RTM

• Qt for Nokia S60 • Mobile music app for

China Mobile• Mobile Wallet• Automotive App Store

Cybercom in MWC Barcelona 2010

2010-02-10 Year End Report 200914

• T-Mobile Menu• PlayNow Arena• TrackID• Android apps• UI concept demos

• Cybercom’s stand in Hall 1E19• 15-18 February• Welcome!

• Strong focus on profitability and cash flow• Benefit from the recession and take

market shares by being leaner, faster and even more sales and market oriented

• Leverage from our core offerings and a specialized, scalable global delivery organization

• Strengthen company presence on existing markets and continue to expand outside the Nordics through customer projects and selective recruitments

• Increase brand visibility for customers, present and future employees

The simple way forward

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2010-02-10 Year End Report 200916