INTERIM REPORT JANUARY

First quarter (January 1 to March 31 2016)

  · Net sales for the group for the quarter amounted to 12.949 KUSD

  · EBITDA for the group amounted to 2.405 KUSD

  · As a result of the decision taken in August 2015 to move the production from
own factory in Denmark to own factory in China, the majority of the employees at
the factory in Denmark were given notice of dismissal in March 2016 and the
retention bonuses associated with this action have been expensed and accrued for
at a total of USD 575 KUSD.
Contact Information

Global Scanning A/S                                                 Graham Tinn,
CEO

Svanevang 2, 3450 Allerød                                       Tel: 0045
48141122, Mail: g.tinn@globalscanning.com

Tel: 0045 48141122                                                  Anja
Folkvardsen, CFO


Tel: 0045 48141122, Mail: a.folkvardsen@globalscanning.com
About Us

The Group develops, manufactures and markets large-format scanning solutions for
the computer-aided design (CAD), geographic information systems (GIS),
reprographic products, copy services and document archiving segments under the
brand names of Contex and Colortrac respectively.   The scanners digitally
capture documents, drawings and other 2D input in order to view, edit, archive,
convert or print output data.

The group's products are sold across the world through a value-add distribution
network and via OEM agreements with major multinational enterprises within the
Large Format Printing industry.
INTERIM REPORT JANUARY - MARCH 2016

Attachments
