Press Release, Igny, February 16th, 2017

LOGIC INSTRUMENT sees a strong increase in 2016 turnover: +19%

M €

2016

2015

Variation in M €

Variation in %

Turnover

10 M€

8.4 M€

1.6 M€

+19 %

The highlightsin 2016:

  1. Successful product launches:

    In the 2016 fiscal year, the group expanded its mobile product range by launching a rugged 8" and a 10" tablet with Android or Windows OS intended for industrial use. Both tablets, their accessories and applications can be customized upon request.

    A new range of professional smartphones has also been launched. These products benefit from the IP68 certification (no intrusion of any liquids or dust), increased protection of the screen and a good readability in bright environments, even in direct sunlight. Drop resistance up to 1.2m, as well as an extended accessory program such as 2D barcode scanner and charging docks complete the products.

  2. New key-accounts

    The group signed major contracts that will be extended in 2017 and 2018.

    The French La Poste, through its subsidiary Tikeasy, trusted LOGIC INSTRUMENT with the development of its Ardoiz tablet, which has been sold in more than 1,800 post offices.

    Groupama and Arkea Credit Mutuel chose Logic Instrument and ARCHOS for the development of their tablet as a part of the renewal of their offer for remote support terminals.

    The NUTRESA group assigned Logic Instrument for the supply of rugged smartphones to the food industry in South America in 2016 and 2017.

    ThyssenKrupp referenced LOGIC INSTRUMENT and started the deployment of rugged tablets to some of its units.

  3. A 3-year R&D project plan

LOGIC INSTRUMENT major player in the 3D NEURO SECURE project: The technical solution of this collaborative medical project is a tablet allowing a 3D view without glasses that revolutionizes the field of biomedicine.

LOGIC INSTRUMENT and ARCHOS as manufactures for Fed4PMR: Thales brought together 9 companies to create the Fed4PMR project, the future 4G / LTE high-speed communication network for intervention forces. The project aims to provide innovative responses to ensure the successful transition from "voice communication only" to these new generation 4G/LTE critical-missions systems by ensuring the security and resiliency of these networks.

Outlook

The year 2017 promises a very strong and profitable growth.

The group will extend its current product range by connected objects and industrial drones. Customizations of software layers and applications will be available as service offerings for the entire LOGIC INSTRUMENT portfolio.

The Group is now ready to expand to other European countries in order to better serve its key accounts.

The 2016 results will be published on March 13 after the close of the stock market. A strategic presentation will take place on March 28.

LOGIC INSTRUMENT

Marketing: Daniel Schroeder (MarCom Mgr.), +33 1 69331081, d.schroeder@logic-instrument.com, LinkedInInvestor relations: Loïc Poirier (CEO),poirier@archos.com

About LOGIC INSTRUMENT

Established 1987 and labeled as "Innovative Enterprise", LOGIC INSTRUMENT develops and markets tablets, Smartphones and laptops for hostile environments and the business world, with Android™ and Microsoft operating systems. LOGIC INSTRUMENT operates on all continents through its subsidiaries and partners. Since January 2014 LOGIC INSTRUMENT belongs to the ARCHOS Group. LOGIC INSTRUMENT is listed on NYSE- Alternext Paris (ALLOG). Website: www.logic-instrument.com Twitter: @LogicNewsEN

Logic Instrument SA published this content on 16 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 February 2017 18:01:04 UTC.

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