Sysgroup Regulatory News (SYS)

2 Dec 2005 07:01

System C Healthcare plc02 December 2005 System C Healthcare plc ("System C" or "the Company") Trading Statement In its AGM statement on the 22nd November 2005, System C announced thatrescheduling of deployments in the NHS National Programme for IT ("NPfIT") hadcaused volatility in revenue conditions for the Company, but that the outcome ofnegotiations about new product and services opportunities could have asignificant impact on the results for the current financial year and beyond.Whilst the company expected that those negotiations would be concluded in theshort term, it is now aware that the final outcome has been delayed by at least3 months. Consequently revenue and profits for the year will be significantlybelow expectations. The Company intends to maintain its operational and development capacity toensure that it is able to take full advantage of substantial businessopportunities as NPfIT gathers pace, and is well supported in this by a strongcash and balance sheet position. The Company's interim results for the period ended 30 November 2005 will beannounced on 25th January 2006. Enquiries: System C Healthcare plc Jim Horsburgh, Chairman 01622 691616Ian Denley, Chief Executive Maitland 020 7379 5151Neil BennettBrian Hudspith This information is provided by RNS The company news service from the London Stock Exchange