FARA ASA presented the financial result for the fourth quarter of 2009, at 8:30, Tuesday 16th February 2010 Felix konferansesenter, Aker Brygge, Bryggetorget 3, Oslo

HIGHLIGHTS

• FARA revenue in Q4 2009 was MNOK 30,4 (44,6)
• Total revenue 2009 was MNOK 130 (116)
• EBITDA in Q4 2009 of MNOK -22,8 (+2,4)
• Postponed project deliveries
• Heavy investment in product development
• An order inflow of MNOK 27 (46,9)
• Order back log is MNOK 90 (94)
• New contract and additional orders both for ticketing and RTI/Infotainment
• Established a market making agreement with Orion

Figures in brackets are 2008 numbers

The meeting is available through recorded webcast and can be found here: http://nongrata.seria.net/embed.php?id=24091

Download: FARA 4Q-09 Presentation
Download: FARA 4Q-09 Report ENG

Contactperson;
CFO Ørjan Kirkefjord, +47 950 84 730