NAK.L Regulatory News (NAK)

12 Aug 2005 07:00

Highams Systems Services Group PLC12 August 2005 Date: 12 August 2005 Contacts: Ted Andrews, Group Managing Director Highams System Services Group plc Tel: 01883 341 144 Tarquin Edwards / Chris Steele 07879 458 364 / 07979 604 687 Binns & Co PR Tel: 020 7786 9600 Highams Systems Services Group plc ("Highams" or "the Group") AGM STATEMENT At the AGM of Highams Systems Services Group plc, the AIM-listed IT recruitmentcompany with a specialist focus on the provision of contract and permanent staffinto the banking, finance and insurance sectors, being held today at 11.30am,Alan Howarth, Non-Executive Chairman will make the following statement: "Our first full year with RWP Recruitment Services fully integrated into Highamshas started well. Trading in our specialist areas of insurance and finance has remained positivewith the volume of new requirements for contract and permanent IT personnelincreasing month on month, with a corresponding increase in new placements made. Since the start of the financial year, the effect of previously announced boardand management changes, together with the consolidation of our premises and thefull integration of our sales teams, has positioned us to realise the twin goalsof a significantly enhanced sales capability and a substantial reduction in theGroup's cost base. I look forward to the Group's continued improved performance in the currentfinancial year and for the full benefits of the integration being reflected inour results from April 2005. We continue to seek and explore strategic opportunities and acquisitions for thefuture growth and development of the Group." Alan HowarthNon-Executive Chairman12 August 2005 This information is provided by RNS The company news service from the London Stock Exchange