MXCP.L Regulatory News (MXCP)

7 Mar 2005 07:00

2 ergo Group plc07 March 2005 Embargoed until 07.00 7 March 2005 2ergo Group plc ("2ergo" or "the Group") TRADING UPDATE EXCEEDING MARKET EXPECTATIONS AND SUCCESSFUL ROLL-OUT OF US OPERATIONS 2ergo, the AIM listed provider of convergent mobile communication solutions, ispleased to announce that trading in the first half of its financial period 2004/5 is expected to be ahead of market forecasts and it will announce its interimresults in May. 2ergo has seen many more companies adopting its technology to better communicateand inform their clients and staff. The Group has seen a steady rise in thenumber of new clients using its technology to efficiently disseminateinformation around the world. In the past 12 months 2ergo has recognised agreater acceptance of convergent mobile communications. Its holistic approach to communications has encouraged many new and existingclients to take advantage of new and exciting applications, ensuring a steadyincrease in the volume of traffic across its Multiserve Platform. 2ergo'smanagement similarly expects to see other new and existing clients increasetheir dependence on the Group's services in the coming year and beyond. Looking to the remaining half of the year, the Group expects to roll-out furtherservices and applications which will help satisfy the increasing need for mobilesolutions and sustain the current levels of growth. The initial stage of its new B2C mobile entertainment offering in the US hasbeen met with success. A number of major US media companies, including leadingmagazines and broadcasters, are working enthusiastically alongside 2ergo toensure the success of the zobmob.com mobile lifestyle product. In the six monthssince the launch of the "Zob" currency, which enables customers to downloadringtones, logos and other content for their mobile phones, the zobmob websitehas now attracted over 100,000 registered users and started to generate itsfirst income. -ends- For further information, please contact: 2ergo group 01706 221 777Neale Graham, Joint MDBarry Sharples, Joint MD Tavistock Communications 020 7920 3150Christian Taylor-WilkinsonPaul Dulieu This information is provided by RNS The company news service from the London Stock Exchange