<b>Acotel Group First Half 2003:</b><br><br>Acotel’s first half 2003 ends with an 8.7 million Euro earnings, compared to 8.2 million Euro during first half 2002. Value Added Services are still the main source of business for the Group (over 70% of the group’s turnover); consolidated EBIDTA has a slightly more negative value (-262.000 Euro) than the positive 2.6 million Euros from the first half 2002. Net Financial Position on June, 30th is positive at 33.9 million Euros.<br><br><b>First Quarter 2003 total revenues at 5 million Eur</b><br><br>A significant income growth of about 17% in the design and development of multimedia platforms. +23.2% the Consolidated Gross Operating Margin (EBITDA) at 848.000 Eur. Substantially stable the profit of the quarter. Acotel Group’s Board of Directors has approved today the first quarter report that shows a 44.3% increase in turnover to 5 million from 3,5 million in 2002 first quarter.<br><br><b>Nel 1° trimestre 2003 ricavi consolidati a 5 milioni di Euro</b><br><br>Salgono al 17% i ricavi da progettazione e sviluppo di apparati TLC. +23,2% il Margine Operativo Lordo (EBITDA) consolidato che si attesta a 848.000 Euro. Sostanzialmente stabile l’utile del trimestre. Il Consiglio di Amministrazione di Acotel Group S.p.A. ha approvato oggi la relazione sull’andamento del 1° trimestre 2003. I ricavi consolidati risultano in crescita del 44,3% attestandosi a 5 milioni di Euro rispetto ai 3,5 milioni di Euro del primo trimestre 2002.<br><br><b>Acotel Group: pre-tax net income doubled (104%) in the first half of 2002.</b><br><br>The financial results for the first half of 2002 have been very positive for the Acotel Group - Wireless Application Service Provider (WASP) operative in Italy and abroad in the supply of personalised telematic information services - more than doubling their pre-tax net income (104%) reaching 1.07 milion Euro, compared to 0.52 million Euro in the first half of 2001.<br><br> <script language="Javascript"> if(state) { document.write('</marquee></td></tr></table>'); } else { document.write(''); } Acotel: Admitted to the TechSTAR segment (Il Sole 24 Ore Radiocor) - Rome, September 30 Acotel Group has been admitted by Borsa Italiana to the TechStar segment. This was announced in a press release from the Company. We are satisfied, affirms the President and CEO Claudio Carnevale because we believe that this decision represents a precise appreciation for our company and its business model. The entrance, continues Carnevale, will make it possible to benefit from greater visibility towards the financial community.