IMO.L Regulatory News (IMO)

For immediate release 26 March 2015

IMIMOBILE PLC

("IMImobile" or "the Group")

Trading Update

In line with expectations for 2015, well positioned for 2016

IMImobile PLC, the global technology company which provides software and services to help businesses on the growth in mobile communication, is pleased to announce the following update ahead of its preliminary results for the year ended 31 March 2015. The Group has experienced strong trading for the year with trading in line with market expectations. New contract wins and growth in recurring revenues achieved during the year position the Group favourably for further growth in future periods.

Highlights

· Strong year on year organic gross profit growth from Europe of over 25%

· Growth in recurring revenues from MEA with new significant contract wins and deployments positioning the business well for FY16

· Multiple new managed solution and licence contract wins in India & SEA which will impact the FY16 results

· TextLocal acquisition bedding in well and performing as anticipated. Expansion plans progressing well

Europe

The strong performance from the Europe region, which represents approximately 50% of group revenues, reported in the interim financial statements has continued in the second half of the year. Top line and profit growth has been achieved through both a rise in recurring and professional services revenues and from a mix of expansion from existing customers and new customers in the year.

The TextLocal acquisition has added to the strong performance of the European business and has been successfully integrated into the Group. Progress is being made towards the expansion plans envisaged at the time of the acquisition.

MEA

Growth in the managed solutions area of the MEA region has partially offset the anticipated year on year decline of the exceptional licence revenues reported in the previous year. A mix of new deployments and contract wins in the region as well as a significant sales pipeline positions the business well for continued growth in FY16.

India & SEA

The managed solution declines in the India region which were reported at the interim results have reduced as expected throughout the second half of the year, and have been partially offset by growth in the SaaS business, where multiple opportunities for growth exist. Several contract wins during the second half of the year, a mix of managed solutions to operators and licence deals, will all contribute revenues for the coming year.

Outlook

The Group begins the new financial year on track to achieve the growth expectations in the market supported by a strong pipeline of deployments which will contribute to revenues during FY16. The Board remains confident of a strong trading year ahead, with the Group remaining well positioned to take advantage of consolidation opportunities across the industry.

Cautionary statement

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could, is confident, or other words of similar meaning. Undue reliance should not be placed on any such statements because they speak only as at the date of this document and, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and IMImobile's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements.

There are a number of factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are; increased competition, the loss of or damage to one or more key customer relationships, the outcome of business or industry restructuring, changes in economic conditions, currency fluctuations, changes in laws, regulations or regulatory policies, developments in legal or public policy doctrines, technological developments, the failure to retain key management, or the key timing and success of future acquisition opportunities or major investment projects.

IMImobile undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.

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About IMImobile PLC

IMImobile is a leading global technology company providing software and services which help businesses capitalise on the growth in mobile communication. Its services, delivered in over 60 countries in Europe, the Americas, MEA and India, help its clients to engage and transact with their customers more efficiently through smarter mobile engagement. The company's solution allow customers to use mobile as a channel to create new revenue streams, as CRM and customer engagement channel and as a channel to improve business operations.

IMImobile's DaVinci suite of products are modular, scalable and delivered through cloud infrastructure which is integrated into mobile operator networks, internet services and social media platforms. The products and solutions have helped IMImobile establish a blue-chip client base of leading mobile operators and global enterprises. Key customers include Vodafone, O2, Telefonica, Aircel, Airtel, BSNL, AT&T, MTN, France Telecom, Centrica, Coca-Cola, Universal Music, Tata, the AA, the BBC and major financial institutions.

The company is headquartered in London with offices in Hyderabad, Atlanta and Dubai and has over 675 employees worldwide. IMImobile is quoted on the London Stock Exchange's AIM market with the TIDM code IMO.