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   .: Profile  
     
 

Founded in 2000 by Jean-Yves Le Roux and Laurent Jabiol , NEOTION develops and markets innovative technologies related to the digital television environment, and more particularly decoder chips.

Thanks to its active technological innovation strategy, NEOTION has quickly established itself as the leader for solutions enabling consumer electronics, typically TV makers, to integrate MPEG-4 technology into all products related to digital television.

Since it was first founded, NEOTION has developed strategic partnerships and opened up its capital, and successfully completed the acquisition of XEOLE, a major player in MPEG-4 AVC video compression.

NEOTION is present in the European, Middle East (since January 2003) and Asian markets. The company makes more than 50% of its sales overseas.
In April 2004, the company also opened an office in China ( Shanghai ), in order to ensure better control of its production lines and be closer to the soon booming local digital TV market.

NEOTION employs more than 70 people throughout the world, 40% of whom are involved in Research and Development. Since it was formed, NEOTION has dedicated an accrued a 7.5 M€ budget to R&D. It has registered more than 30 patents which it owns itself. Its innovative policy of technological contributions enabled it in 2006 to successfully launch the "Neotion Pocket" , the only credit card sized digital MPEG4 decoder in the world.

 
 

In the last 5 years, NEOTION has achieved accrued earnings of 83M€ of which 14.4 M€ in 2005.

The company is considering a direct listing on the Euronext Paris Alternext* market.

* Subject to the approval of the supervisory authorities.

 
     
  The digital television market  
     
 

The digital television market is characterised by its global dimension. The so-called “all-digital” revolution has been progressing since year 2000 and making an impact on the general public, affecting images broadcast by satellite, DTT, and Internet over ADSL.

The gradual switch-off of analogue between now and 2012 favours a digital era and explosion of the market : in Europe and the USA , nearly 700 million analogue televisions will have to be replaced or upgraded.

The explosion in the content and means of broadcasting digital television (DTT, IP) is a very strong momentum emphasizing that this all-digital revolution is on the way.

 
     
  The digital television market in France  
     
 

The situation of terrestrial digital television in France is one of the most active in Europe. Since the launch of DTT on 31 st March 2005 , more than 1.1 million set top boxes have been sold.

Arriving later, integrated digital televisions with a built-in DTT tuner have already gain over 200,000 households.

Finally, retailers and consumers are awaiting the new ranges of DVD recorders with built-in digital terrestrial tuners.

 
     
     
   .: Log Book  
     
  Company: NEOTION SA
Immeuble "Optimum"- entrée B
ZI Les Paluds
165, avenue du Marin Blanc
13685 Aubagne Cedex - FRANCE
Tel: +33 (0)4 42 98 07 70
Fax: +33 (0)4 42 98 07 71
Website: http://www.neotion.com
E-mail: investor@neotion.com

Date of formation: Company created on 10 th January, 1990
Legal structure: private company with board of directors
Nationality: French
Share capital: 908 459 euros
Financial year: 1st January to 31st December
 
     
 
Breakdown of share capital before the IPO
 
     
 
 
     
   .: Key Figures  
     
 
Breakdown of Turnover
 
     
 
 
     
 
Geographic distribution of earnings
 
     
 
   
 
 
2005
2006
 
     
   
 
     
 
Summary Business Plan
 
in €m   2005 2006

Sales 14.4 9.7

Operating result -6.8 -8,4

Net result -6.4 -5,6
Balance sheet
 

in €m

2005 2006

Assets

   

Fixed assets

2.4 2.1

Current assets

11.3 11.3

Cash

0.6 3.6

Total Assets

14.3 17.0

Liabilities

Shareholder equity

6.4 8.0

Provisions

0.2 1.5

Financial debts

1.9 4.0

Operating debt

5.8 3.5

Total Liabilities

14.3 17.0
 
     
     
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