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Trading Update

22 Feb 2005 07:00

Glen Group PLC22 February 2005 Glen Group plc New sales appointments at Glen Group as operations roll out into England Edinburgh based, Glen Group plc, the AIM listed IT and communicationsintegration business announce the recruitment of its first English based salesexecutives through its operating company Glen Communications Limited ("Glen") asit prepares to open the first office outside Scotland. The new sales executiveswill cover an area broadly equivalent to Yorkshire and Northumberland and oncethe customer base has grown sufficiently it is expected a local office will beopened. At the same time, Glen has increased its Scottish sales operation and byearly March, expects to have eight sales executives dedicated to growing theiroperations in Scotland and the North of England. Glen will continue to enlarge this sales operation, hiring additionalexperienced sales professionals throughout the year as it expands its sphere ofoperations throughout the UK. This recruitment is necessary to achieve theGroup's strategy of providing a local presence with national support for itsportfolio of integrated IT and communications products and services, focused onthe use of Internet Protocol (IP) technologies. Glen is also intending to expandthrough acquisition into related services and into other geographic areas whensuitable target companies have been identified. Commenting on the appointments and roll out, Graham J Duncan, Glen's ChiefExecutive commented: "I am pleased that we have been able to move quickly after our successful AIMlisting at the beginning of December last year. Our business is very focused onthe execution of a strategy that will see us deploy a sales, sales support, ITand IT support organisation throughout the UK. Focused on selling and supporting a wide range of communication and IT services,we believe that we can deliver a one-stop-shop approach to the complicatedbusiness of integrating these types of services. Although large corporateorganisations tend to have in-house expertise, SMEs do not have these resources.With many applications, including voice services, moving to adopt IPtechnologies, we believe that a significant market is opening up for anintegration skill set. We intend to capitalise on this change, which we believewill have profound implications over time for the way that SMEs organise andaccess their systems." Enquiries: Glen Group plcGraham Duncan, Chief Executive 0131 654 9479gjduncan@glencommunications.co.uk Walters AssociatesAlex Walters 07771713608alex@waltersassociates.uk.com Notes to Editors: About Glen Group plc Glen is an AIM listed IT and communications integration business providing awide range of communications and IT services to SMEs in the United Kingdom. Glenhas been operating from Scotland since early 2002 and the Directors intend toexpand its geographic base through acquisitions and organic growth, rolling-outits services across the UK. Glen was established by Graham Duncan, who has been involved in thecommunications industry at a senior level for over 20 years. Mr. Duncan was thefounder and Executive Chairman of Atlantic Telecom Group PLC, which built oroperated telecommunications networks in the "last mile" or "local loop" in threeEuropean countries and employed over 1,100 people. Atlantic Telecom, whichdeveloped out of a start-up cable TV business, was based in Aberdeen and grewboth organically and through acquisitions and its shares were listed on theOfficial List in London in January 1995. The current products and services offered by the Group are divided into thefollowing seven categories: • IT Solutions Glen offers a full range of IT solutions for its clients' voice, data and videoneeds. • Broadband Voice (VoIP) Broadband voice is a step-change technology that allows voice to travel overdata networks. The Group offers a suite of products available from a range ofsuppliers that allows the integration of voice services onto customers'broadband networks. • Mobile The Group offers an account management service that manages customers' mobileaccounts with any of the five mobile networks in the UK. • Internet Service Provision The Group offers two types of service, managed and self-installed. The managedservices portfolio can be provided in conjunction with various suppliers whoprovide ISP services and connectivity across the UK. Alternatively, the Groupprovides clients with self installed ISP services using dial-up, ISDN, ADSL andSDSL broadband. • Telecom Solutions The Group offers a wide range of telecoms-specific services, including advice onCPS and traditional voice-based technologies. In addition, Glen Communicationsowns and operates two branded prepaid phone card services: The "Pumpkin" cardand the "Scotland Phonecard" • Tracking The Group offers a mobile SIM tracking service, which allows business customersto track, their mobile assets by polling the SIM card in a mobile phone ormobile device. • Wireless Group personnel have expertise in advising customers on wireless products suchas WiFi. http://www.glencommunications.co.uk/ This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
29th Mar 20102:30 pmRNSResult of AGM and Trading Update
4th Mar 20107:00 amRNSContract Win
18th Feb 20107:00 amRNSDirectorate Change
18th Feb 20107:00 amRNSFinal Results
29th Jan 20107:00 amRNSTotal Voting Rights
13th Jan 20107:00 amRNSAcquisition
1st Oct 20098:39 amRNSDirector/PDMR Shareholding
30th Sep 20093:59 pmRNSIssue of Loan Notes
29th Sep 20092:34 pmRNSTrading Update
25th Sep 20098:59 amRNSHolding(s) in Company
10th Sep 20093:22 pmRNSHolding(s) in Company
10th Jul 200910:06 amRNSDirector/PDMR Shareholding
9th Jul 20092:48 pmRNSIssue of Options
30th Jun 20098:39 amRNSTotal Voting Rights
23rd Jun 20097:00 amRNSHalf Yearly Report
17th Jun 200910:38 amRNSStmnt re Share Price Movement
12th Jun 20092:40 pmRNSHolding(s) in Company
11th Jun 20097:00 amRNSAcquisition
17th Mar 20093:12 pmRNSChange of Registered Office - Replacement
17th Mar 20092:55 pmRNSChange of Registered Office
5th Mar 20093:10 pmRNSResult of AGM
15th Jan 20097:00 amRNSFinal Results
23rd Dec 200811:35 amRNSChange of Adviser
1st Aug 20082:35 pmRNSBoard Changes
1st Jul 20081:06 pmRNSGrant of Share Options
30th Jun 20087:00 amRNSAcquisition
30th May 20087:00 amRNSInterim Results
28th Mar 20087:01 amRNSFinal Results
19th Mar 20084:02 pmRNSFurther Sale Consideration
28th Feb 200812:08 pmRNSDirectorate Change
7th Jan 200811:40 amRNSCompletion of Sale
7th Jan 200811:40 amRNSCompletion of Acquisition
4th Jan 20084:25 pmRNSResult of EGM
19th Dec 20077:30 amRNSDisposal of Eclectic
28th Sep 200712:30 pmRNSTotal Voting Rights
19th Sep 20077:01 amRNSIssue of Equity
31st Aug 20074:09 pmRNSTotal Voting Rights
23rd Aug 20071:21 pmRNSIssue of Equity
17th Aug 20073:36 pmRNSAIM Rule 26
17th Aug 20077:00 amRNSMicrosoft Partner Status
16th Aug 20077:00 amRNSHolding(s) in Company
9th Aug 20077:09 amRNSAcquisition of inGroup
27th Jul 20077:00 amRNSOracle Designation
29th Jun 20073:00 pmRNSTotal Voting Rights
27th Jun 20077:00 amRNSTrading on PLUS markets
26th Jun 20077:01 amRNSInterim Results
8th Jun 200712:32 pmRNSHolding(s) in Company
6th Jun 20078:09 amRNSAcquisition
31st May 20073:29 pmRNSTotal Voting Rights
14th May 20073:17 pmRNSIssue of Equity

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