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Firan Technology Group ("FTG") Announces First Quarter 2013 Financial Results

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FIRAN TECHNOLOGY GROUP CORPORATION

Interim Consolidated Statements of Changes in Shareholders' Equity

--------------------------------------------------------------------------------------------------------------------------------------------------------Three months ended March 1, 2013(unaudited)                         Common       Preferred(in thousands of dollars)           Shares          Shares          Deficit--------------------------------------------------------------------------------------------------------------------------------------------------------Balance, November 30, 2012 $        12,681 $         2,218  $        (9,104)Net loss                                 -               -             (691)Stock-based compensation                 -               -                -Foreign currency translation adjustments                 -               -                -Net unrealized loss on derivative financial instruments designated as cash flow hedges----------------------------------------------------------------------------Balance, March 1, 2013     $        12,681 $         2,218  $        (9,795)----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Three months ended March 1, 2013                                       Accumulated                                                     Other            Total(unaudited)                    Contributed   Comprehensive    Shareholders'(in thousands of dollars)          Surplus   Income (Loss)           Equity--------------------------------------------------------------------------------------------------------------------------------------------------------Balance, November 30, 2012 $         8,305 $           (85) $        14,015Net loss                                 -               -             (691)Stock-based compensation                 9               -                9Foreign currency translation adjustments                 -             142              142Net unrealized loss on derivative financial instruments designated as cash flow hedges                                     (237)            (237)----------------------------------------------------------------------------Balance, March 1, 2013     $         8,314 $          (180) $        13,238----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Three months ended March2, 2012(unaudited)                         Common       Preferred(in thousands of dollars)           Shares          Shares          Deficit--------------------------------------------------------------------------------------------------------------------------------------------------------Balance, November 30, 2011 $        12,681 $         2,218  $       (10,032)Net earnings                             -               -               38Stock-based compensation                 -               -                -Foreign currency translation adjustments                 -               -                -----------------------------------------------------------------------------Balance, March 2, 2012     $        12,681 $         2,218  $        (9,994)----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Three months ended March2, 2012                                        Accumulated                                                     Other            Total(unaudited)                    Contributed   Comprehensive    Shareholders'(in thousands of dollars)          Surplus   Income (Loss)           Equity--------------------------------------------------------------------------------------------------------------------------------------------------------Balance, November 30, 2011 $         8,249 $            12  $        13,128Net earnings                             -               -               38Stock-based compensation                 9               -                9Foreign currency translation adjustments                 -            (118)            (118)----------------------------------------------------------------------------Balance, March 2, 2012     $         8,258 $          (106) $        13,057--------------------------------------------------------------------------------------------------------------------------------------------------------

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