LONDON (Dow Jones)--Zamano PLC (ZMNO.LN), a provider of interactive applications and services to mobile devices, said Thursday revenue for the six months ended on June 30 is expected to be EUR8.8M, while EBITDA is expected to be EUR1M. MAIN FACTS: -Company also expects a material impairment charge against intangible assets. -Board instigated cost reduction measures, including a reduction in staff numbers, which was completed in June. -A revised business plan designed to result in a stabilization of the group's revenues and profits has been agreed and the board is reviewing the appropriate capital structure for the group going forward. -The plan involves the group concentrating its focus on four territories, Ireland, United States, U.K., and Spain, where it has scale and sees growth potential. -Company expects monthly revenue to grow during second half from the June level, however total revenue will be down on the EUR8.8M revenue achieved in the first half of the year; Due to this revenue decline EBITDA is anticipated to be significantly lower in the second half. -Board believes that the business plan will position the group to take advantage of medium term opportunities whilst stabilizing it in the short term. -Shares at 1005 GMT unchanged at 5.5 pence, valuing the company at GBP5.2 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com (END) Dow Jones Newswires July 22, 2010 06:08 ET (10:08 GMT)