NETD.L Regulatory News (NETD)

NetDimensions (Holdings) Limited

("NetDimensions" or the "Company")

Business update

NetDimensions updates the market on operational performance to 30 June 2013

NetDimensions (LSE AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge and learning management systems, is pleased to provide the following update on operational progress to 30 June 2013 (the "period").

GAAP revenue is in line with management expectations for the period and the adjusted loss before tax will be smaller than forecast.

Following on from the successful USD6m placing of new shares and the announcement made on 22 May 2013 outlining the Board's investment plan to substantially grow sales revenues, the Board is pleased to announce that the implementation of the plan is gathering pace.

One of the key elements to the growth is the recruitment of additional sales quota carrying staff and as at 30 June 2013 the Company had filled 75% of the new quota carrying positions, bringing the total to 29, an increase of 71% from the beginning of the period.

In addition to the quota carrying new hires and the new Chief Human Resources Officer and Chief Sales Officer which were recently announced, the Company has also recruited in the following departments:

·; Sales operations

·; Pre-sales

·; Account Management

·; Marketing

·; Client Services

·; Professional Services

·; Software as a Service

·; Quality Assurance

The Company is also in advanced discussions to take on additional office space in Hong Kong and Atlanta to support the expanding operations in these locations.

It is still early on in the implementation of the plan but progress is already being made with the addition of 34 new clients in the period.

The new Healthcare division is performing above expectations and the investment in this division is accelerating with a focus on the sales organisation and sales quota carrying hires.

Matthew Chaloner, NetDimensions CFO, commented: "This is an exciting time for the Company and we are very pleased with the progress made to date. We are executing to plan and building a strong foundation for substantial future sales growth."

About NetDimensions

Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of performance, knowledge and learning management systems.

NetDimensions' flagship product line, the NetDimensions Talent Suite, enables companies, government agencies and other organizations to personalize learning, share knowledge, enhance performance, foster collaboration, and manage compliance programs for employees, customers, partners and suppliers.

Recognized as one of the talent management industry's top-rated technology suppliers in overall customer satisfaction, NetDimensions has been chosen by leading organizations worldwide including ING, Cathay Pacific, Hunter Douglas, Chicago Police Department, Delphi Automotive, Progress Software, and Travelex.

NetDimensions is ISO 9001 certified and NetDimensions hosted services are ISO 27001 certified. For more information, visit www.NetDimensions.com