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Pin to quick picksSigmaroc. Regulatory News (SRC)

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Trading Update

8 Mar 2016 13:43

RNS Number : 4238R
Messaging International Plc
08 March 2016
 

Messaging International Plc / Market: AIM / Epic: MES / Sector: Technology

Messaging International Plc (the 'Company')

Trading update

Messaging International Plc (AIM:MES), a provider of converged messaging products and services announces that one of its large mobile customers has informed the Company that it will terminate the Text to Landline Service provided by TeleMessage, the wholly owned subsidiary of the Company, effective 22 March 2016. The foregone revenues from this customer represent approximately £230,000 in the Company's 2016 financial year, but due to direct and other envisaged cost savings, will have a more moderate impact on the bottom line.

Approved R&D project from the Office of the Chief Scientist

TeleMessage is pleased to announce that the Office of the Chief Scientist of Israel's Ministry of Economy has approved a conditional grant for up to US$300,000 in respect of a year long R&D project in which some innovative features will be added to its secure mobile messaging applications.

General Trading

Whilst the Company has seen revenues and profitability of its traditional messaging solutions decline, it is pleased with growth in the number of customers of these traditional services (delivery of SMS, MMS, Voice, Fax and Email solutions).

In addition, the Company has recently secured a number of customers for its new Secure Mobile Messaging Solutions while also answering a number of Request for Proposals. The Board continues to believe that "Secure Mobile Messaging for Enterprises" is a very large market and the business is positioned to benefit from this.

* * ENDS * *

For further information visit www.telemessage.com or contact:

Guy Levit Messaging International Plc Tel: + 972 3 9225252

David Foreman Cantor Fitzgerald Europe Tel: +44 (0) 20 7894 7000

Catherine Leftley Cantor Fitzgerald Europe Tel: +44 (0) 20 7894 7000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTAKFDQNBKDDNK
Date   Source Headline
29th Sep 201412:00 pmRNSHalf Yearly Report
24th Sep 20149:00 amRNSDeloitte Technology Fast 50 EMEA
31st Jul 201411:30 amRNSResult of AGM
22nd Jul 201412:30 pmRNSBIRD funding for Secure RCS Messaging
3rd Jul 20147:30 amRNSRestoration - Messaging International plc
3rd Jul 20147:00 amRNSPosting of Annual Report and Lifting of Suspension
1st Jul 20148:30 amRNSUnaudited Preliminary Results
30th Jun 201411:15 amRNSSuspension - Messaging International plc
2nd Apr 20142:46 pmRNSOptions Grant,Loan Arrangement & Bonus Carve Out
30th Oct 201312:22 pmRNSDeloitte Fast 50 - replacement
30th Oct 20137:00 amRNSDeloitte Fast 50
10th Sep 20137:00 amRNSHalf Yearly Report
26th Jun 20132:09 pmRNSResult of AGM
4th Jun 201310:50 amRNSResult of Tender Offer
3rd Jun 201312:34 pmRNSResult of Tender Offer
24th May 20132:30 pmRNSFinal Results & Notice of AGM
17th May 20137:00 amRNSTender Offer
7th May 201310:00 amRNSChange of Adviser
4th Oct 20123:13 pmRNSHolding(s) in Company
2nd Oct 201212:58 pmRNSHolding(s) in Company
28th Sep 20127:00 amRNSHalf Yearly Report
8th Aug 20129:56 amRNSResult of AGM
29th Jun 20127:00 amRNSFinal Results & Notice of AGM
18th Jun 20121:55 pmRNSVenture Lending Loan approval
23rd Mar 201211:30 amRNSHolding(s) in Company
20th Feb 20124:05 pmRNSCompletion of share Buyback & Capital Cancellation
16th Dec 201111:34 amRNSResult of AGM
23rd Nov 20117:00 amRNSNotice of General Meeting
29th Sep 20117:00 amRNSInterim Results
9th Sep 20115:24 pmRNSTakeover Code Compliance
8th Aug 20113:02 pmRNSResult of AGM
30th Jun 20117:00 amRNSFinal Results & Notice of AGM
3rd Dec 20101:00 pmRNSGrant of Share Options
30th Sep 201010:30 amRNSInterim Results
23rd Jul 201012:05 pmRNSResult of AGM
30th Jun 20104:05 pmRNSNotice of AGM
30th Jun 20104:00 pmRNSFinal Results
15th Feb 20107:00 amRNSTeleMessage Ltd launches new products
15th Dec 20097:00 amRNSRecognised at Deloitte Technology Fast 500 EMEA
23rd Nov 200912:47 pmRNSIssue of Equity
2nd Nov 20097:00 amRNSTeleMessage Recognised at Technology Fast 50
30th Sep 20097:00 amRNSInterim Results
19th Aug 20092:08 pmRNSTrading Update & Notice of Results
4th Aug 20094:29 pmRNSResult of AGM
1st Jul 20093:30 pmRNSNotice of AGM
30th Jun 20097:00 amRNSFinal Results
28th Jan 20094:15 pmRNSGrant of Share Options
28th Jan 20094:15 pmRNSGrant of Share Options
21st Jan 20097:00 amRNSUralsviazinform launches Text-to-Landline
26th Nov 200812:00 pmRNSTop 30 Ranking at Deloitte Technology Fast 500

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