26/02/2013
Company Announcements Office
Australian Securities Exchange

Cryosite (ASX:CTE) REPORTS Half year financial results and a guidance update


Cryosite Limited (ASX:CTE). The Board of CTE is pleased to announce the half year report for the period to 31 December 2012 and to provide a guidance update for the period to 30 June 2013.

HIGHLIGHTS

Strong organic growth that has resulted in the following highlights:

o Revenue increase by 15.9% over the same period in 2011

o Profit of $558,594 compared to $348,602 in same period last year, an increase of

60.2% over the same period

o Profit down by 17.1% on last half to June 2012. Reduced profit due to one-off costs

Dividend

o An interim dividend of 0.5 cents per share has been declared

OUTLOOK

Continued good performance in all segments of the business

Forecast profit range for the year to 30th June 2013 $1,200,000 to $1,400,000
Gordon Milliken
Managing Director

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