First quarter 2012 results

In the first quarter of 2012, the company posted losses of Euro 1.3 million compared to losses of Euro 0.4 million last year. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to Euro 12 thousand compared to Euro 902 thousand, while turnover reached Euro 5.2 million from Euro 7.0 million last year.

                                                                                   Athens, May 16, 2012