ABAL.L Regulatory News (ABAL)

14 Oct 2008 07:00

14 October 2008

Imaginatik Plc

("Imaginatik" or the "Company")

Trading update

Imaginatik plc (AIM: IMTK), a leading provider of collaborative innovation and problem-solving software and processes, is pleased to announce that it has seen a strong sales performance in the six months to 30 September 2008, with revenues in line with expectations. 

The Company has very limited exposure to the financial services industry and we have yet to see any impact from the financial crisis on the level of demand for our software and services. Whilst we cannot forecast the effects of the situation in the financial markets, based on a strong pipeline of opportunities, the directors remain cautiously confident that this level of trading will continue into the second half of the financial year. We will also continue to keep a tight rein on our cost base.  

The Company expects to release its Interim results for the six months ended 30 September 2008 in November 2008.

For further information please contact:

About Imaginatik

Imaginatik is the leading provider of innovation and collaborative problem solving software and process to the world's leading companies. More than 100 clients rely on Imaginatik's software, consulting and research to enable their best-of-breed innovation activities.

Named as a World Economic Forum Technology Pioneer for 2008 and a finalist for the IBM Lotus Awards 2008 in the Best Industry Solution category, Imaginatik's software and consulting services have helped clients discover significant sources of additional revenue, as well as tangible cost savings, process improvements and increased product pipeline. Imaginatik is also committed to developing strategic solutions in the field of innovation, working with academic institutions such as the London Business School and the Cass School of Business, London, as well as leading practitioners of corporate innovation.

For further information please visit www.imaginatik.com