THE BOARD OF DIRECTORS APPROVES 2016 FIRST QUARTER REPORT

- REVENUES up 30% to Euro 12.4 million on Euro 9.5 million in 1Q 2015 - EBITDA growth of 48% to Euro 3.4 million (Euro 2.3 million in 1Q 2015) - EBITDA margin at 27.4% from 24% - EBIT profit of Euro 0.4 million compared to EBIT loss of Euro 0.5 million in 1Q 2015 - Net profit of Euro 0.5 million compared to Euro 3.5 million in 1Q 2015, following the adoption of the Hedge Accounting standard for derivative instruments - Net Cash Position of Euro 7.5 million compared to Euro 11.5 million at December 31, 2015