6 Apr 2009 16:11
| FOR IMMEDIATE RELEASE | 6 April 2009 |
eg solutions plc
SHARE PRICE MOVEMENT
eg solutions plc (LSE-AIM: EGS), the operations management software vendor, notes the sharp increase in its share price today, Monday 6 April 2009. The Board knows of no reason why the share price should have increased so much as a result of today's trading.
Elizabeth Gooch, Chief Executive Officer, commented:
"In our recent final results announcement, although we incurred a loss, we re-iterated that our pipeline of potential sales was stronger than at any time in the past 24 months. Our focus continues to be on converting this potential into signed contracts. We also stated that our net cash deposits had increased since the year-end which, together with a bank facility for the forthcoming year, provides adequate financing for the foreseeable future. "
Ends
CONTACTS
| eg solutions plc | 01785-715772 |
| Elizabeth Gooch, Chief Executive Officer | www.eguk.co.uk |
| Bankside | 020-7367-8888 |
| Steve Liebmann, Simon Bloomfield or Andy Harris | |
| Brewin Dolphin Ltd (Nominated Adviser) | 0845-213-4748 |
| Mark Brady, Director Corporate Finance |
About eg solutions plc
eg solutions plc is a global operations management software company. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.