13 Jul 2010 07:00
13 July 2010 iPoint-media plc ("iPoint-media" or "the Company") Trading update
As reported in previous announcements, significant slippage on all tenders submitted in conjunction with Companies' strategic partner Ericsson to telecoms companies requires the Company to generate an injection of cash to support its on-going operations.
The Company is currently evaluating several options and potential structures to source the required funding and is in discussions with several potential sources of financing which could include both debt and equity.
Further announcements will be made as these plans progress.
Further enquiries:iPoint-media plc +(0) 972 544 450 667 Muki Geller Libertas Capital Corporate Finance Limited +44 20 7569 9650
Thilo Hoffmann Andrew McLennan
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