Netcall Regulatory News (NET)

19 Jul 2007 07:00

Netcall PLC19 July 2007 Netcall plc ("Netcall" or "the Company") Trading update The Board of Netcall are pleased to report that trading in the 6-month periodending 30 June 2007 has progressed according to plan. Based on managementaccounts, the Company therefore anticipates reporting revenues for the full yearto June 2007 in line with market expectations and expects to report profitssignificantly ahead of expectations. Furthermore, this performance has beenreflected in the further strengthening of the balance sheet with net cash havingincreased to £2.36m as at 30 June 2007. A particular highlight in the year and an integral part of the development ofNetcall was not only the growth in product revenues, but importantly the morerapid growth in hosted services revenues. In addition, it is also encouraging tohave seen an increase in the proportion of revenues derived from channelpartners. It should be noted that these have been key objectives of theCompany's growth strategy. Henrik Bang, CEO, Netcall, commented, "We are very pleased with this result. Oneof the important aspects of our growth strategy has been to increase the qualityof earnings through developing the hosted services offering and improving therelationships with channel partners. I am therefore pleased with our performancein these areas and look forward to our continued progress." For further information Netcall plc (www.netcall.com) Tel. +44(0)1480 495 300Ron Elder, ChairmanHenrik Bang, Chief Executive ICIS Tel. +44 (0)20 7651 8688Tom Moriarty +44 (0)7769 937 626Laura Cocker Evolution Group Services Ltd Tel. +44 (0)20 7071 4300Simon Leathers This information is provided by RNS The company news service from the London Stock Exchange