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Quarterly report on consolidated results for the 1st Quarter Ended 31 March 2009

CONDENSED CONSOLIDATED INCOME STATEMENTS
Income Statement
(The Condensed Consolidated Income Statements should be read in conjunction with the Annual Financial Report for the year ended 31 December 2008)


CONDENSED CONSOLIDATED BALANCE SHEETS

Balance Sheets
(The Condensed Consolidated Balance Sheets should be read in conjunction with the Annual Financial Report for the year ended 31 December 2008)



Review of Performance
The Group recorded a turnover of approximately RM25.18 million for the current financial quarter, this represents an improvement of approximately 21% as compared to the same corresponding financial quarter in 2008 ("Q1 2008"). The improvement was mainly due to higher sales from the surveillance system segment. Despite the higher revenue, the Group recorded a loss before taxation of RM1.64 million in current financial quarter against lost before taxation of RM0.60 million recorded in Q1 2008. The unfavourable result was mainly due to lost incurred by the VoIP system segment, arose from writing off of deposit and allowance for doubtful debts, totalling approximately RM1.07 million during the current financial quarter.

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