17 May 2012 07:00
Stilo International plc
AGM Statement
Stilo International plc ("Stilo" or the "Company") (LSE:STL), the AIM quoted software and services company, is holding its Annual General Meeting later today. At the meeting David Ashman, Chairman and Non-Executive Director will make the following statement:
"We have been encouraged by very high levels of activity across the Company in 2012, as the global market for digital publishing technology and services continue to grow.
In February we released version 10 of the OmniMark content processing platform, to better enable customers build high-performance XML content conversion solutions.
Stilo Migrate, the world's first cloud XML content conversion service, continues to enhance its reputation in the XML DITA publishing market. Recommendations have been received from IBM and significant new corporate customers have come on stream in 2012. Migrate continues to evolve, and new XML conversion capabilities have recently been announced, expanding the range of source document formats that can now be converted using the service.
Our cash position was £986,000 as at the end of April 2012 (31 December 2011: £939,000)."
17 May 2012
Enquiries:
Stilo International plc 01793 441444
Les Burnham, Chief Executive
Charles Stanley Securities 020 7149 6000
Nominated Adviser
Russell Cook / Carl Holmes