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Price	Market	Sector	Market Cap
205.50p (0.50p) 0.24%	AIM	IT Services	£46.9m

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Commentary

Pan-European provider of quality management and testing services for software development

Recent Articles

SQS Software Quality Systems	06/03/2008
Gall & Eke	17/12/2007
Unearthing AIM's technology bargains	03/08/2007
SQS Software Quality Systems	08/03/2007
SQS still a strong buy	06/10/2006
SQS Software Quality Systems	13/09/2006
SQS’ Teutonic appeal	06/02/2006
Newcomer - SQS	20/09/2005

Recent Announcements

Holding(s) in Company	11/11/2008
New Contracts	05/11/2008
Contract Wins	14/10/2008
Director/PDMR Shareholding	13/10/2008
Contract Wins	23/09/2008
Interim Results - Replacement	05/09/2008
Interim Results	04/09/2008
Total Voting Rights	29/08/2008
Notice of Results	20/08/2008
Completion of Acquisitions an	13/08/2008
More

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Strategic Thought	28/10/2008
Sanderson	16/10/2008
Portrait Software	15/10/2008
Zoo Digital	07/10/2008
Dillistone – debt free and delivering	06/10/2008
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Financial History

Financial Year End	31/12/2004	31/12/2005	31/12/2006	31/12/2007
Currency	EUR	EUR	EUR	EUR
Turnover	48.67	54.74	78.93	121.06
Operating Profit	3.53	4.49	5.73	10.27
Pretax Profit	2.68	3.71	5.07	9.66
Earnings After Tax	1.69	2.39	4.69	6.73
Profit Available For Dividend	0.00	0.00	0.00	0.00
Ordinary Dividends	0.00	0.00	0.00	0.00
Retained Profit	0.00	0.00	0.00	0.00
Shareholders Funds	0.94	18.19	26.50	49.02
Net Current Assets	0.00	0.00	0.00	0.00
Adjusted Earnings Per Share Undiluted	0.17	0.21	0.28	0.35
Adj Earnings Per Share	0.17	0.20	0.28	0.34
Dividend Per Share	0.00	0.00	0.10	0.10

Chart

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Company Details
Address	7-11 Moorgate, London, EC2R 6AF
Telephone	020 7448 4620
Fax	020 7448 4651
Executives
Chairman	Werner Mellis (0.10% holding)
Chief Executive	Rudolf van Megen (19.50% holding)
Finance Director	Rene Gawron (0.20% holding)
Vice Chairman	Scott Hansen (0.00% holding)
Main Shareholders
	Heinrich Bons: 17.7% Herald Investment Trust: 6.9% Morley Fund Management: 6.7% Aviva: 3.9%
Advisers
Nominated Adviser	Altium
Nominated Broker	Altium; Evolution Securities
Solicitors	Dechert
Auditors	Grant Thornton
Registrar	Computershare Investor Services

Commentary
Pan-European provider of quality management and testing services for software development
Company Data
Code	SQS
Sedol	DE00054935
Shares In Issue	22.820 m
Indices
Entry on AIM	20/09/2005
Interim Results	Sep
Final Results	Mar
Year End	Dec
Accounts Due	Jun
Int div payment	n/a
Fin div payment	May
Int net div per share	20.0
Fin net div per share	nil
Probable CGT relief	Yes