K2 Internet S.A. has been selected for a received a prestigious Ruban d'Honneur in round two of the European Business Awards. K2 Internet S.A. will now compete as a finalist within the The Infosys Business of the Year Award (<60 mln EUR) and hopefully win the ultimate prize of a European Business Award.

K2 Group announces an increase in consolidated revenue of more than 50% for the three-month period ended March 31, 2010, compared to the same period in 2009, reporting PLN 12,608 thousand. The EBITDA stood at PLN 541 thousand (compared to minus PLN 228 thousand for the first 3 months of 2009) and net profit totalled PLN 175 thousand (compared with a loss of PLN 499 thousand in the first quarter of 2009).

A team of K2 representatives - Natalia Borkowska (Senior Graphics Designer) and Łukasz Szczybelski (Senior Creative & Copywriter) - became winners in the Polish edition of Young Lions Competition in the Cyber category. In June the winning team will represent Poland during the Cannes Lions International Advertising Festival.