Press Release

July 16, 2008

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REVENUES FOR Q2-2008 : €5.5 MILLION, +38%

(Revenues (in euro millions)H1-2008H1-2007change
TV / digital video6.63.7+79%
Radio2.53.1-19%
OpenMedia product (activity sold) -1.3
Total revenues for the semester9.18.1+12%
Cost of Goods Sold-1.2-1.1
Gross Margin7.97.0+13%
Gross Margin Rate87%87%

Paris, France – July 16, 2008 – Dalet announced record revenues for the second quarter of 2008 (unaudited) of €5.5 million, compared to €4.0 million for Q2-07 (+38%). The resulting revenues for the first semester 2008 are €9.1 million, a 12% increase compared to €8.1 million in H1-07. On a pro-forma basis, excluding the H1-2007 revenues related to the OpenMedia activity which was sold, revenues were up by 32%.

The gross margin (revenues minus cost of goods sold) for the semester increased by 13%, from €7.0 million to €7.9 million. The proportion of licence revenues in the sales mix increased significantly, from 28% to 40% of total revenues.

Sales growth in TV: +79%
Sales in the TV market increased by 79% at €6.6 million for the semester, compared to €3.7 million for H1-2007. They represent 72% of total sales, with a large portion beyond the News market in areas such as HD production for sports, VOD, and digital video archives.

Order Intake for the semester: +55%
The strong growth in order intake in the first quarter further increased during the second quarter, with total order intake for the first semester at €8.4 million, compared to €5.4 million in H1-2007 (+55%).

Dalet confirms the trend initiated in 2007, with growth led by sales in the TV and digital video market.

Next announcement : Week of August 25, 2008, Full H1-2008 financials

About Dalet
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 (ART, eTV, Grupo Prisa, 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 NYSE-EURONEXT stock exchange (Eurolist C): 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