Logic Instrument : Growth of 17% over the first quarter of 2017

Press release Igny, May 12th, 2017

Growth of 17% over the first quarter of 2017Logic Instrument, a French manufacturer of mobile solutions for hostile environments and the corporate market, subsidiary of the ARCHOS Group, recorded a 17% increase in sales in the first quarter of 2017 compared to the same period in the former year.

Q1 2017	Q1 2016	Variation M€	Variation %
3,4 M€	2,9 M€	0,5 M€	17%

In M€ unaudited

Significant events:Logic Instrument continued its growth momentum in the first quarter of 2017.

The quarter was particularly marked by deliveries for the Ministry of Defense and in the silver economy: Arkéa On Life, brand of Crédit Mutuel Group, Noé of Groupama and Ardoiz of Tikeasy, subsidiary of La Poste. In addition, Logic Instrument has strengthened its position in the Industry & Defense sectors and extended its offer to drones and IoT, with:

• The launch of two new products for the industry, the Fieldbook F60, a versatile smartphone that optimizes flows in industrial environments, and the K122 Fieldbook, which offers the best combination of laptop / tablet to professionals in the field, all industries.
• The launch of two new defense solutions, the first mobile, hardened and secure server, compliant with the industry standard, with Roda Computer, and the first ultra-secured tablet, with Getac.
• The signature of an exclusive agreement with AEE Technology, one of the leading manufacturers of UAV, for the distribution in Europe of professional drones as well as body cams for the security forces.

Outlook for 2017:

2017 promises a strong and profitable growth. Logic Instrument will offer a larger range of products and services with an offer dedicated to IoT, with long range low-bandwidth gateways and a set of tailor-made connected objects, sensors (gas, humidity, luminosity, temperatures and movement), intelligent locks and surveillance cameras, to serve the many constraints of saving energy and safety in the corporate world.

All Logic Instrument solutions will be proposed through service offers covering the customization of applications and software layers.

Logic Instrument is now ready to expand to other European countries in order to better serve its key accounts clients.

ContactsLoic Poirier (CEO, Président Directeur Général),[e-mail] Logic InstrumentEstablished 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