DGAP-Adhoc: Advanced Inflight Alliance AG announces preliminary results for the 2008 financial year

Advanced Inflight Alliance AG / Final Results/Preliminary Results

07.04.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

Advanced Inflight Alliance AG announces preliminary results for the 2008
financial year
- Net profit doubled year on year

Munich, Germany, April 7, 2009 - Advanced Inflight Alliance AG (ISIN
DE0001262186, German SIN (WKN) 126218, domiciled at: Schellingstr. 35,
80799 Munich) today announced considerable growth in both sales and
earnings for the 2008 financial year. At EUR 6,831 thousand, consolidated
profit doubled year on year.

Sales grew by approximately 26% to EUR 107.4 million compared to the
previous year (EUR 85.1 million), primarily as a result of the acquisition
of DTI Software Inc., Montreal, Canada, at the beginning of the 2008
financial year. Another subsidiary, Fairdeal Multimedia Pvt. Ltd., which is
domiciled in Mumbai, India, and was acquired in August 2008, was included
in consolidation for the first time.

Starting with the 2008 financial year, the company is reporting earnings
before interest, taxes, depreciation and amortization (EBITDA) and earnings
before interest and taxes (EBIT) including both interest expense and
interest income. The two key figures were calculated as earnings before
interest expense and therefore also included interest income until the 2007
financial year. The comparative figures stated below were determined on a
proforma basis.

EBITDA in the reporting period more than doubled to EUR 13,922 thousand
(previous year: EUR 5,332 thousand). The strong rise is due to the
inclusion of the new subsidiaries and significant currency gains.

EBIT was EUR 9,947 thousand (previous year: EUR 3,443 thousand), EBT was
EUR 9,284 thousand (previous year: EUR 3,797 thousand), and net profit for
the year was EUR 6,831 thousand (previous year: EUR 3,327 thousand). All
these figures were thus far above those recorded in the previous year.

A retroactive ajustment had to be made for 2007 in accordance with IAS 8,
as a result of which the previous year's figures stated here deviate from
those published previously. Please see the 2008 annual report for detailed
disclosures in this respect.

Basic and diluted earnings per share as of December 31, 2008 were EUR 0.46,
compared to EUR 0.21 in 2007. Earnings per share were calculated based on
an average number of 14,749,180 shares issued.

The full 2008 annual report will be available from April 30, 2009 at
www.advanced-inflight-alliance.com.

Advanced Inflight Alliance AG

The Management Board
DGAP 07.04.2009 
---------------------------------------------------------------------------
Language:     English
Issuer:       Advanced Inflight Alliance AG
              Schellingstr. 35
              80799 München
              Deutschland
Phone:        +49 (0)89 613805-0
Fax:          +49 (0)89 613805-55
E-mail:       info@aialliance.com
Internet:     www.advanced-inflight-alliance.com
ISIN:         DE0001262186
WKN:          126218
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News                                     DGAP News-Service
---------------------------------------------------------------------------