Amino 2007 IPTV update

Yearly revenues of £32.3m, Y/Y increase of 27%. Gross margins 35.1%. Profit before tax £1.4m

598k IPTV Set-Top Boxes shipped during the year. Nearly all Mpeg-2 based products. Y/Y increase in shipment was 35%

On a cumulative basis, Amino has delivered 1.5 million IPTV STBs to over 1800 telcos (mostly tier 2 and tier 3)

Has been focused and dedicated to bringing a range of MPEG-4HD products to the market

Also been involved in IPTV delivery over Fiber (Switzerland), satellite (US), and wireless (Chile)

45:45:10 revenue split in terms of geography (Americas, EMEA, Asia-Pacific)

Strongest growth area is Eastern Europe

Largest contributing customers: Comstar (Russia), Telsur (Chile), Elion (Estonia), Surewest (US)