Melexis Q2 2006 results

Intermediate declaration by the Board of Directors
Ieper, Belgium - August 9th, 2006, 07.00 hrs CET

Revenues for the second quarter were 50.1 million EUR, an increase of 17.7 % compared to the same quarter of the previous year. 
Gross margin was 21 million EUR, an increase of 17.7 % as well. Income from operations was 10.5 million EUR, an increase of 23.5 % compared to the previous year.
Net profit was 8.5 million EUR, 20 cent per share, an increase of 32.9 % over the same quarter 2005.
R&D expenditures were at 13.6 % of sales, Selling and G&A at 7.4 % of sales.
Melexis revises its guidance for the year 2006. Revenue growth and profit will exceed the top of the range of its previous guidance of 10 to 15 %.