EANS-Adhoc: austriamicrosystems AG / austriamicrosystems reports first quarter financial results

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3-month report

27.04.2009

Key financial data for the first quarter 2009

Unterpremstaetten, Austria (April 27, 2009) — austriamicrosystems
(SWX: AMS), a leading global designer and manufacturer of high
performance analog ICs for communications, industrial, medical and
automotive applications, reports first quarter results showing a
sharp decline in revenues compared to the first quarter last year and
reflecting the impact of the global economic downturn.

Group revenues reached EUR 25.4 million, 38% lower than the EUR 41.1
million in the same quarter 2008. On a constant currency basis,
current revenues were 42% lower compared to the first quarter last
year. Gross margin fell sharply to 31% due to the significantly
reduced wafer fab load and associated unabsorbed costs, down from 51%
in the same period 2008.

The result from operations (EBIT) for the first quarter was, as
expected, a loss. The loss amounted to EUR 8.5 million compared to a
profit of EUR 3.7 million in the first quarter of 2008, clearly
demonstrating the effect of the sluggish demand situation despite
significant cost reductions. The first quarter net result was a loss
of EUR 8.0 million compared to a profit of EUR 3.2 million in the
same period last year.

Basic and diluted earnings per share for the first quarter were
identical at CHF -1.13 / EUR -0.75 (CHF 0.47 / EUR 0.30 in the first
quarter 2008). Total backlog which does not include consignment stock
agreements stood at EUR 30.6 million on March 31, 2009 (EUR 48.2
million on March 31, 2008).

In the first quarter 2009, austriamicrosystems´ business showed a
weak performance in a very difficult market environment caused by
lower demand in the majority of austriamicrosystems´ target markets.

In its Communications business, austriamicrosystems saw decreased
shipment volumes for its lighting management, power management and
audio solutions for handsets and other devices, driven by weaker
order volumes from major OEM supply chains. In the industrial market,
demand for austriamicrosystems´ sensor and sensor interface products
proved less resilient than in the last quarter while demand in
medical applications remained relatively robust in comparison. The
automotive market continued to be weak without showing signs of
improvement.

austriamicrosystems nevertheless sees a solid level of design and
development activity continuing with a large number of customers
across its end markets. austriamicrosystems was also able to gain
further design-wins and acquire new customers in the quarter. These
will, however, not provide meaningful revenue contributions in the
current year. austriamicrosystems´ wafer fab continues to run at a
low utilization rate of less than 50% due to continuing weak order
patterns in most of its markets.

Looking forward, the visibility regarding demand development in
austriamicrosystems´ end markets has shown a slight improvement yet
remains very limited across markets and regions. In light of this,
austriamicrosystems continues to actively pursue further cost
reduction opportunities in its business. At this time,
austriamicrosystems is not in a position to provide revenue or
earnings expectations for full year 2009. As stated earlier,
austriamicrosystems expects a negative revenue development in the
first half of 2009 compared to last year´s first half resulting in a
negative first half year EBIT and net result.

The complete first quarter report 2009 including detailed financial
information is available at http://www.austriamicrosystems.com/Invest
or/Financial-Information/Financial-Reports

end of ad-hoc-announcement ==========================================
====================================== austriamicrosystems is a
leading designer and manufacturer of high performance analog ICs,
combining more than 25 years of analog design capabilities and system
know-how with its own state-of-the-art manufacturing and test
facilities. austriamicrosystems leverages its expertise in low power
and high accuracy to provide industry-leading customized and standard
analog products. Operating worldwide with more than 1,000 employees,
austriamicrosystems focuses on the areas of power management, sensors
& sensor interfaces and mobile infotainment in its markets
Communications, Industry & Medical and Automotive, complemented by
its Full Service Foundry activities. austriamicrosystems is listed on
the SIX Swiss Exchange in Zurich (ticker symbol: AMS). For more
information, please visit www.austriamicrosystems.com

end of announcement euro adhoc
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ots Originaltext: austriamicrosystems AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Moritz M. Gmeiner

Director Investor Relations

Tel: +43 3136 500-5970

Fax: +43 3136 500-5420

Email: investor@austriamicrosystems.com

Branche: Technology
ISIN: AT0000920863
WKN: 632638
Börsen: SWX Swiss Exchange / official dealing