DALET FINANCIAL RESULTS FIRST SEMESTER 0

DALET FINANCIAL RESULTS FIRST SEMESTER 2013

Paris, France -

August 30th 2013

IFRS standards (in euro millions) H1 2013 H1 2012 2012

Total Revenues 15,3 15,2 34,4

Cost of Goods Sold and associated services -2,0 -2,5 -4,8

Gross margin 13,3 12,7 29,7

Gross margin rate 87% 84% 86%

Payroll costs -8,5 -7,6 -15,3

Other operating income/costs -5,7 -5,5 -10,7

Depreciation and Amortization -1,0 -1,2 -2,0

Operating result -1,8 -1,7 1,5

Financial income 0,0 0,0 -0,2

Income tax -0,2 -0,1 -0,2

Net income (attributable to the Group) -2,0 -1,8 1,2

Paris, August 30th 2013. Dalet's Board of Directors has met on August 29th and approved the consolidated financial statements for the first semester of 2013. These financial statements have been reviewed by the Auditors.

DALET has announced consolidated revenues for the six months period ended June 30, 2013 of 15.3 million. This is to be compared with 15.2 million revenues for the same period last year (+1%).

Gross Margin (defined as revenues minus cost of goods and third-party services resold) for the semester was 13.3 million, up 5% from 12.7 million for the same period in 2012, the Gross Margin rate was 87%, compared to 84% in H1-2012.

In terms of operating costs, payroll increased as a result of the investments done, both in terms of sales & marketing as Dalet increased its presence in the geographical areas where business is growing, as well as in R&D in order to bring to market the new products offerings.

The resulting operating result for the semester was - 1.8 million, compared to - 1.7 million for H1-2012.

Net loss for the semester was 2.0 million vs. 1.8 million for H1-2012.

Cash on 06/30/2013 was 4.3 million.

Dalets order backlog expected to be invoiced in H2 2013 stands at 19 million.

The consolidated financial statements for the first semester of 2013 and explanation notes are available on the company's website (http://www.dalet.com), Investors section.

About Dalet Digital Media Systems Dalet solutions enable broadcasters and media professionals to create, manage and distribute content to both traditional and new media channels, including interactive TV, the Web and mobile networks. Dalet combines into a single system a robust and proven Asset Management platform with advanced metadata capabilities; a configurable workflow engine, and a comprehensive set of purpose-built creative and production tools. This integrated and open environment enables end-to-end management of the entire News and Sport and Program content chain, and allows users to significantly improve efficiency, and to maximize the use and value of their assets. Dalet's solutions are delivered through a dedicated Professional and Integration Services Department to ensure the highest possible standards. Dalet systems are used around the world by many thousands of individual users at hundreds of TV and Radio content producers, including public broadcasters (ABS-CBN, BBC, CBC, DR, France TV, RTBF, RFI, Russia Today, RSR & TSR, RT Malaysia, VOA, WDR), commercial networks and operators (Antena 3, Canal+, eTV, Mediaset, NBC Universal, Orange, Time Warner Cable, Warner Bros., Sirius XM Radio) and government organizations (Queensland JAG, Canadian House of Commons, The European Commission).

Dalet is traded on the NYSE-EURONEXT stock exchange (Eurolist C): ISIN: FR0011026749, Bloomberg DLT:FP, Reuters: DALE.PA.

LINK:	http://www.dalet.com/dalet-financial-results-first-semester-2013...
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