Dalet : REVENUES 2012 : EUR34.3 million, +10%

Wed Feb 13, 2013 2:25pm EST

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  In euro millions   2012  2011  Change in %  
 Q4 Revenues         10.1  10.1               
 Q4 Gross margin      9.3   9.0       3%      
 Gross margin rate    92%   89%               
 Full year revenues  34.3  31.2      10%      
 Gross margin        29.5  25.1      17%      
 Gross margin rate    86%   80%               

Paris, February 13th, 2013 - Dalet announced consolidated revenues (unaudited) for the year ended
December 31, 2012 of EUR34.3 million, compared to EUR31.2 million (+10%) in 2011.

Gross margin (defined as revenues minus cost of goods and third-party services resold) for the
year was EUR29.5 million, a 17% increase compared to EUR25.1 million in 2011. The gross margin
rate for 2012 was 86%, up from 80% in 2011, due to a favorable evolution of the sales mix.

Fourth quarter consolidated revenues (unaudited) were EUR10.1 million, stable with respect to
Q4-2011, the margin for the quarter was up by 3% at EUR9.3 million. 

In terms of market segments, Media Asset Management sales grew strongly and represented 44% of
total revenues. TV Newsroom systems represented 25%, Sport solutions grew to 10%, revenues for
Radio solutions were stable at 15%, integration projects represented only 6% of total revenues, as
the activity of the Italian subsidiary is now fully aligned with the Group's core software

Cash on hand on December 31, 2012 exceeded EUR6 million.

Dalet's backlog of orders to be executed in 2013 stands currently at EUR22 million, compared to a
backlog of EUR21 million at the same period last year.

About Dalet Digital Media Systems

Dalet solutions enable broadcasters and media professionals to create, manage and distribute
content to both traditional and new media channels, including interactive TV, the Web and mobile
networks. Dalet combines into a single system a robust and proven Asset Management platform with
advanced metadata capabilities; a configurable workflow engine, and a comprehensive set of
purpose-built creative and production tools. This integrated and open environment enables
end-to-end management of the entire News and Sport and Program content chain, and allows users to
significantly improve efficiency, and to maximize the use and value of their assets. Dalet's
solutions are delivered through a dedicated Professional and Integration Services Department to
ensure the highest possible standards. Dalet systems are used around the world by many thousands
of individual users at hundreds of TV and Radio content producers, including public broadcasters
(ABS-CBN, BBC, CBC, DR, France TV, RTBF, RFI, Russia Today, RSR & TSR, RT Malaysia, VOA, WDR),
commercial networks and operators (Antena 3, Canal+, FOX, eTV, Mediaset, Orange, Time Warner
Cable, Warner Bros., Sirius XM Radio) and government organizations (Queensland JAG, Canadian House
of Commons, The European Commission). 

Dalet is traded on the NYSE-EURONEXT stock exchange (Eurolist C): ISIN: FR0011026749, Bloomberg
DLT:FP, Reuters: DALE.PA.
Number of outstanding shares: 3.565.237
For more information on Dalet, visit www.dalet.com

DALET 2012 Revenues http://hugin.info/143408/R/1678029/547505.pdf 


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