-- Net sales in the period amounted to MSEK 111 (99) and net sales in the
second quarter amounted to MSEK 54 (40).
-- The gross margin for the period was 71% (68) and gross margin for the
second quarter was 69% (73). The gross profit for the period was MSEK 79
(68) and gross profit in the second quarter was MSEK 37 (29).
-- Earnings before depreciations and amortizations (EBITDA) in the first six
months was MSEK -1 (-2) and EBITDA for the second quarter was MSEK -3 (-7).
-- The result after tax for the period was MSEK -11 (-10) and the result after
tax for the second quarter was MSEK -8 (-11).
-- Earnings per share before and after dilution for the first six months was
SEK -0,08 (-0,08) and earnings per share for the second quarter was SEK
-0,06 (-0,08).
-- The cash flow during the first six months was MSEK -11 (-30) and the cash
flow for the second quarter was MSEK -9 (-16).

Comments from the CEO

LAUNCHING LIVE PDF™

Revenues in the second quarter were lower than expected both within Business
Solutions and Technology Licensing, despite optimistic forecasts by our
partners during the first quarter. Total revenues were MSEK 54 compared with
MSEK 57 in the first quarter. Gross margin in the second quarter was 69%
compared with 71% in the first quarter. The net loss was MSEK 7.7 and the cash
flow was a disappointing minus MSEK 9.4. C Technologies met expectations and
delivered long awaited larger volumes primarily to its OEM customer within
e-banking, Crealogix AG.

Since the acquisition of the Xpaper technology from Talario in January 2012 we
have been working to incorporate Talario’s document printing and document
capture components in addition to supporting web services. The product, named
LIVE PDF™, is now ready for launch and will be shipped with all pens for
business solutions from the end of the third quarter. Live PDF™ enables people
to gather information on paper, easily digitize it, share that information
instantly, update information live, and automatically distribute it to
individuals and databases. LIVE PDF™ is the first in a series of LIVE products
from Anoto.

We continue discussions with our partners within Business Solutions to align
resources and interests. The objective is to leverage their expertise,
customer references and presence within different market segments and to build
relationships with more independent software vendors, value added resellers and
system integrators. This is starting to happen especially within healthcare,
field service and insurance, where larger companies want to embed digital pen
data capture solutions with their enterprise systems.

The healthcare sector in the UK is currently our strongest market. However in
the second quarter we also saw a broadening of our business to other segments
and regions like South Africa and South America. A major automotive company in
Korea has run pilots and is set to launch a digital pen and paper solution for
quality inspections in manufacturing plants. The first two installations are
scheduled to start in October with further installations at four additional
manufacturing plants to start by the end of this year.

Business area Technology Licensing was behind expectations also in the second
quarter. However, we are pleased to see that our joint venture partner TStudy,
is starting to roll out interactive classroom solutions. So far their Symphony
application has, in addition to installations in private schools, also been
adopted by 30 public schools in Korea, expected to surpass 100 installations of
Symphony in public schools by the end of this year. In China, TStudy has set up
permanent product showrooms in Shanghai and is planning to open a showroom in
Beijing by the end of August. Our partner Dai Nippon Printing is actively
marketing interactive classroom solutions with broad media coverage in Japan.

Our UK subsidiary Destiny Wireless Ltd launched INKWORKS™ in the second
quarter, a new and innovative cloud based digital data capture system. This new
system provides a fully scalable single platform incorporating digital pen
functionality that for the first time will allow users to design and publish
their own digital forms. INKWORKS™ also provides clients with the ability to
directly manage users, groups, workflows and centrally manage mobile handset
configurations.

Operating expenses were MSEK 2 above target in the second quarter, partly due
to extra costs related to the development of new pens together with moving
supply chain management to Hong Kong. The purpose of moving the supply chain
management is to get a closer relationship to our component suppliers and
manufacturing partners. This is one of several ongoing activities to improve
the operational control.

Outlook

Based upon current activity and ongoing projects we expect a gradual business
improvement in the second half of the year. We also expect our cash flow and
balance sheet to improve gradually. Anoto´s cash position is expected to be
sufficient to support our business throughout the rest of the year.

To read the entire report, please see attached document.

A webcast of the Q2 report will be available from 09.00 on August 3. A Q&A
session via audiocast will be held at 11.00 the same day. For more information
go to www.anoto.com/investors.

Anoto Group AB may be required to disclose the information provided herein
pursuant to the Securities Markets Act. The information was submitted for
publication at 08.30 on August 3, 2012.


For more information, please contact:

Stein Revelsby, CEO
Phone: +46 (0)733 45 12 05

Dan Wahrenberg, CFO
Phone: +46 (0)733 45 10 19


Anoto Group AB (publ.), Corp. Id. No. 556532-3929
Box 4106,
SE-227 22 Lund, Sweden
Phone: +46 46 540 12 00

Anoto_Q2 2012_EN.pdf