Continued Growth in Target Markets Enables 26th Quarter of Positive Performance

Last update: 4:17 p.m. EDT Aug. 8, 2008

POMONA, Calif., Aug 08, 2008 (BUSINESS WIRE) — Auto-Graphics, Inc., a technology innovator providing library automation solutions for over 36 years, today reported that operating income was $74,000 for the quarter ended June 30, 2008, up $62,000 from $12,000 for the same period in 2007. This performance represents 26 quarters in which Auto-Graphics has delivered a positive operating income. Operating income for the six months ended June 30, 2008, was $131,000, up $41,000 from $90,000 for the same period in 2007.

Auto-Graphics net sales were $1,395,000 for the quarter ended June 30, 2008, up $83,000 from $1,312,000 for the same period in 2007. Net sales for the six months ended June 30, 2008, was $2,800,000, up $146,000 from $2,654,000 in 2007.

Net income was $75,000 for the quarter ended June 30, 2008, up $63,000 from $12,000 for the same period in 2007. Basic and diluted earnings per share for the quarter were $0.02 per share in 2008, compared to $0.00 per share in 2007. Net income for the six months ended June 30, 2008, was $134,000, up $40,000 from $94,000 for the same period in 2007. Basic and diluted earnings per share for the six months were $0.03 per share in 2008, compared to $0.02 per share in 2007.

In the second quarter, Auto-Graphics continued to grow by expanding sales of its AGent VERSO(TM) integrated library system through a substantial agreement with the US government, as well as additional contracts with both public libraries and academic institutions.

Auto-Graphics also saw increased revenue through enhanced value to existing contracts in which current customers initiated options for additional services available to them for the company’s resource sharing products, including incorporating NCIP for circulation-based ILL and ISO ILL for the traditional resource sharing model.

About Auto-Graphics, Inc.

Founded in 1950, Auto-Graphics has been a technology innovator for more than five decades, providing data automation solutions to customers across multiple industries. For over 36 years, Auto-Graphics has helped libraries of all sizes become more efficient and patron-centric. Its flagship solution, AGent(TM), is the most comprehensive library automation platform available today, allowing libraries of any size to manage, share and search their resources. The AGent integrated product suite - currently used by more than 6,000 libraries in North America - which consists of AGent Resource Sharing(TM) the industry leader in interlibrary loan and consortial borrowing solutions; AGent VERSO(TM) a complete integrated library system; and AGent Search(TM) a powerful federated search application. For more information, please visit www.auto-graphics.com.

(C) 2008 Auto-Graphics, Inc. All rights reserved. AGent, AGent Resource Sharing, AGent VERSO, and AGent Search are trademarks of Auto-Graphics, Inc. All other trademarks are the property of their respective owners.

SOURCE: Auto-Graphics, Inc.

Auto-Graphics, Inc.
Kim Masterson, 909-569-1529
kxm@auto-graphics.com

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