Stilo Regulatory News (STL)

17 May 2006 11:42

Stilo International PLC17 May 2006 STILO INTERNATIONAL PLC ('Stilo' or the 'Company') AGM Statement17th May 2006 At today's annual general meeting, Barry Welck, Chairman, stated: "Following a small trading profit for the period July-December 2005, the Companyhas continued to make good progress, trading profitably (before goodwill andexceptional items) for the four months up to the end of April 2006. This hascontributed to an increased cash balance at 30th April 2006 of £394,000 (31stDecember 2005: £373,000). In 2006 customers for OmniMark software include Toshiba, Boeing, CSC and WoltersKluwer CCH, and services contracts have been undertaken with Wolters Kluwer inFrance, SEB Merchant Banking in Sweden, and Hewlett Packard and Boeing in NorthAmerica. We are proceeding with investments in new software solutions and are continuingto pursue actively acquisition and partnering opportunities that complement ourgrowing range of products and services." All resolutions put to the meeting were duly passed. Enquiries: Les Burnham, Chief Executive, Stilo International plc 01793 441444Russell Cook, Charles Stanley Securities 020 7953 2000 This information is provided by RNS The company news service from the London Stock Exchange