Interim Report: 1st January, 2014 - 31st December, 2014

CEO HIGHLIGHTS
Mycab's integration with Amadeus AeTM was successfully piloted and deployed in the fourth quarter and the market rollout has started. In a first step Mycab will acquirer customer on the Scandinavian market. Subsequent market focus will be UK, France, Germany and Middle East.

Amadeus is a leading provider of advanced technology solutions for the global travel industry. Customer groups include travel providers, travel sellers and travel buyers. The travel providers include airlines, hotels, rails and ferry operators, etc., travel sellers include travel agencies (online & offline), and travel buyers comprise of corporations and travel management companies.

Amadeus AeTM is the on-line self-booking tool from Amadeus that larger corporates throughout the world use for booking and managing their travel.

In addition to Amadeus AeTM, Mycab has also integrated its booking platform with Amadeus so called Amadeus Selling Platform Connect, which is Amadeus new and future booking platform for its travel agencies. According to Amadeus information the switch to this technology has started with worldwide rollout, however each market have its own timetable.

Mycab's strategy for successfully building booking volumes is based on wide and effective distribution, implying that Mycab's products should be available for booking in channels where target customers are looking for service, hence integration with Amadeus is vital for Mycab's success.

Sales, for the full year, amounted to KEUR 8.201 (8.133), which is predominantly emanating from Sweden's domestic sales. Sales emanating from our international products represent currently approximately 10% of total sales. However, Mycab's growth strategy is based on international sales, hence the relation between domestic and international sales will be inverse.

At the end of the fourth quarter, Mycab reached 153 destinations representing 63 countries where Mycab products are offered. International clients appreciate Mycab's products, especially Mycab's "Reliability" and "Availability", which is also the most salient and differentiating feature when comparing Mycab with existing global competitors.

The fifth location for Taxi Welcome Service®, (Hyllie, Malmö, Sweden), was successfully deployed during the fourth quarter. It is the railway station at Hyllie Malmö, Sweden, which choose Taxi Welcome Service® to manage its taxi ranks located outside the station.

The B-Share right issue was closed in fourth quarter on 27th October and became subscribed at 24%, totaling MSEK 4.1. Including the directed issues, B-Shares which has been subscribed at a total amount of MSEK 22.5. MSEK 17.1 as contribution in kind (debt conversion) and MSEK 5.4 in cash.

FINANCIAL CALENDER
Publishing of next financial report
2015-05-18 - FIRST QUARTER REPORT 2015

For the complete report see attached document.

The following documents can be retrieved from beQuoted
Mycab Year-end Report 2014.pdf

About Mycab
Mycab International SA is the holding company for Mycab® Group operating the business domain of global travel industry. Mycab® Group business idea is to elevate the traditional taxi journey to a full-fledged travel product that provides business travelers with a quality assured, simplified and more cost effective travel. Being first in the global market, with a uniform taxi concept, Mycab® enjoys the "First Mover" status in the business domain.

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