. 1Q09 revenue of EUR 17.8 million, -29.9% vs. 1Q08 (-32.4% at constant exchange rate) but +30.6% vs. 4Q08
. Europe down 25.1%, Asia & Pacific down 50.6%, America down 26.8% (-36.3% at constant exchange rate) compared to 1Q08
. Costs under control, EBIT margin of 51.0% for 1Q09
. Net result of EUR 5.4 million, -53.4% vs 1Q08 but +192.8% vs 4Q08
. Healthy balance sheet, with a net cash position of EUR 52.7 million (57.8% of total assets)
. Better NAB tradeshow than expected on the back of the launch of several new products
. Spring order book of EUR 12.6 million as of April 30, down 63.0% vs 2008, with continued challenging market conditions
. Very limited visibility on 2009 but focus on market share growth in studio and 2010 sporting events
. Total gross dividend of EUR 2.48 and cancellation 250,000 shares to be proposed at the General Meeting of May 19.

Liège (Belgium), May 14, 2009, EVS Broadcast Equipment S.A. (Euronext Brussels: EVS.BR, Bloomberg: EVS BB, Reuters: EVSB.BR) (Pinksheets: EVBEF), the leader in professional digital video applications for live, near-live and studio TV production, today reported its results for the first quarter of 2009 ("1Q09").


Key highlights
Pierre L'Hoest, CEO of EVS said: "While the level of our business in the first quarter of 2009 cannot be satisfying, we have seen in the first four months of this year an improvement compared to the months of September till November 2008. This encourages us to continue our efforts in accelerating the development of new solutions and products to improve the workflow efficiency of our customers in both outside broadcast and studio segments and in optimizing our organizational processes. The market conditions remain challenging and our clients are cautious with their capital expenditure. The recent NAB tradeshow in Las Vegas confirmed that our new developments respond to new needs in studio production. We stay committed to our existing strategy, leveraging on the same structural long term drivers that have contributed to the success of EVS: tapeless transition, higher TV production effectiveness requirements, high definition and more diversified TV sports."

Commenting on the results and perspectives, Jacques Galloy, CFO added: "The EUR 17.8 million revenue in the first quarter 2009 is up 30.6% compared to the weak last 2008's quarter. We probably have the worst behind us. Despite the challenging market conditions, we deliver a 51.0% EBIT margin, which underlines our ability to keep the costs under control in such an environment. As we go forward in 2009, we see some investments relating to the big events of 2010 increasing in the second half of the year. The impact of the economic downturn on our business over time will depend on the depth and length of the downturn. We believe that EVS should emerge stronger when recovery appears given both our solid balance sheet, continued investment in R&D and good market position."

For more information, refer to www.evs-global.com