Interim Report 1st January 2015 - 31st March 2015

CEO HIGHLIGHTS
Mycab's integration with Amadeus AeTM was successfully piloted and deployed in the fourth quarter 2014. In first quarter 2015 Mycab received positive response from potential clients and are now negotiating with several larger Scandinavian based corporates who intends to avail the service via the new AeTM booking channel.

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

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, rail and ferry operators, etc., travel sellers include travel agencies (online & offline), and travel buyers comprise of corporations and travel management companies.

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.

In first quarter Mycab entered into an agreement with Diners Club Austria implying that Diners Club will offer their cardholders to sign up for a Mycab account, which will give the cardholder access to Mycab Premium Deal, implying negotiated rates worldwide. In total there are several hundred thousand cardholders that is targeted and Mycab calculates with acquiring at least 2000 new customers.

Sales, for first quarter 2015, amounted to KEUR 2 271 (1 928), 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 fisrt quarter 2015, Mycab reached 155 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.

FINANCIAL CALENDER
Publishing of next financial report 2015-09-07 - SECOND QUARTER REPORT 2015

For the complete report see attached document.

The following documents can be retrieved from beQuoted
Mycab Interim Report Q1 2015.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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