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FIRST QUARTER 2009 REVENUES: €3,6 million

(in euro millions) Q1-2009 Q1-2008
Revenues 3.6 3.6
Cost of Goods Sold -0.4 -0.4
Gross Margin 3.2 3.2
Gross Margin Rate 89% 88%

Paris, May 12th 2009 – DALET has announced consolidated revenues (unaudited) for the first quarter of 2009 of €3.6 million, stable with respect to the same period last year (+1%). Gross Margin was almost unchanged at €3.2 million.

Sharp increase in US sales: +249%
US sales increased sharply from €0.4 million in Q1-2008 to €1.6 million in Q1-2009 (+249% in euros, +204% in dollars). This growth is entirely driven by sales on the US TV market to broadcasters that are relying on Dalet solutions to enhance their content production capabilities while controlling costs. Sales growth in the US compensated for the weak quarter sales in the EMEA and Asia Pacific regions (-34%), due to the on going economic crisis. Dalet estimates that this sales trend will continue over the next few months. As a consequence, Dalet has streamlined its European operations while reinforcing its US team.

Dalet’s order backlog expected to be invoiced in 2009 stands at €9.9 million.

About Dalet Digital Media Systems

Dalet empowers broadcasters and content professionals to produce and manage audio and video content in a digital, multi-platform world. Dalet media asset management (MAM) software streamlines production costs and increases revenue opportunities by simplifying the distribution of rich-media assets across both interactive and traditional platforms. Dalet software is used around the world by thousands of content producers including major public broadcasters (BBC, CBC, DR, DW, NPR, RFI, RSR, Russia Today, VOA, WDR), commercial networks and operators (ART, eTV, FOX, Grupo Prisa, Orange, Prime Television, The Press Association, Warner Bros., XM Satellite…) and government organizations (Queensland JAG, Canadian House of Commons, The European Commission).
Dalet is traded on the EURONEXT-NYSE stock exchange (Eurolist C-Paris): ISIN: FR0000076176, Bloomberg DLT:FP, Reuters: DALE.PA

Number of outstanding shares: 17 526 364
For more information on Dalet, visit www.dalet.com
Contact Dalet: +33 1 41 27 67 00