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Valor Releases First Quarter Numbers

May 13, 2008

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Yavne, Israel – Valor Computerized Systems Ltd. reported revenues of 10.7 million for Q1 FY 08, a 3 percent increase from USD 10.3 million in Q1 FY 07. Net profit increased 91 percent to USD 1.5 million, compared to USD 0.8 million in Q4 FY 07; it increased 67 percent over Q1 FY 07. Earning per share (diluted) for Q1 FY 08 was USD 0.07, compared to USD 0.04 in Q4 FY 07 and USD 0.05 in Q1 FY 07.



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