June 2011

Flection first quarter results (Q1 - April - June) are above budget and 10% higher than last year's first quarter with Flection Germany (Berlin) and Flection Belgium (Kontich) operations having increased performance. The NGO Close The Gap (where Flection is the sole refrubisher) have been able to increase their computer donation volume (over 10.000 assets first six months of 2011) and project remarketing in Africa. Close The Gap expects over 20.000 computer configurations to be shipped in 2011.