StatPro Regulatory News (SOG)

18 Jan 2008 07:00

Statpro Group PLC18 January 2008 For release at 07.00 a.m. Friday, 18 January 2008 STATPRO GROUP PLC ("StatPro" or the "Group") Year end trading update Notice of results StatPro Group plc, the AIM listed provider of portfolio analytics and datasolutions for the global asset management industry, today announces a tradingupdate for the year ended 31 December 2007. Highlights: •Trading is in line with market expectations and significantly ahead of 2006 •Strong fourth quarter with new business significantly ahead of Q4 2006 •Good progress within data division •Further cross selling of products achieved •Improved operating cash flow Year end trading update The StatPro Board is pleased to report that the Group had an excellent fourthquarter of 2007 with new business significantly ahead of Q4 2006, and thattrading for the year was in line with market expectations and significantlyahead of 2006. Commenting Justin Wheatley, Chief Executive of StatPro Group, said:"We have had a strong fourth quarter for new business continuing our excellenttrack record of growth and StatPro's market position remains very strong. Ourproduct range, business expertise and reputation give us a formidableopportunity to grow our business. We look forward to building on the successesof 2007 in the coming years." Notice of results The Company expects to report its preliminary results for the year ended 31December 2007 on Monday, 10 March 2008. - Ends - For further information, please contact: StatPro Group plc www.statpro.comJustin Wheatley, Chief Executive 020 8410 9876Andrew Fabian, Finance Director Arbuthnot Securities LimitedTom Griffiths/Neil Kirton 020 7012 2000 SmithfieldReg Hoare 020 7360 4900 Notes to Editors: StatPro Group plc is a leading provider of portfolio analyticsand data solutions for the global asset management industry. StatPro floated onthe London Stock Exchange in May 2000 and transferred its listing in June 2003to AIM. StatPro has grown its revenue from continuing operations from £1.8million in 1999 to £14.6 million in 2006. This information is provided by RNS The company news service from the London Stock Exchange