Last checked at 8 Nov 2012 07:00
8 November 2012
VIPERA PLC
("VIPERA" or "THE COMPANY")
Trading update
Vipera, the specialist provider of mobile financial software services, today gives the following update:
In September of this year, the Company announced that it had signed its largest sale to date, and that it was anticipated that billings to this customer in this financial year would amount to some £500,000. The Company is now pleased to confirm that this project has progressed well and 2012 billings to this customer are now expected to exceed that figure.
In addition, other business won means that, whilst the exact quantum will depend on the progress of current projects and the timing of revenue recognition as a whole, the Company expects group revenues for the year to December 2012 to be substantially in excess of the prior year total.
-Ends-
Vipera PLC | |
Marco Casartelli | Tel: +39 02 7214 2424 |
Martin Perrin | Tel: +44 (0) 7785 505 337 |
| |
Beaumont Cornish Limited (Nomad) | Tel: +44 (0) 20 7628 3396 |
Roland Cornish | |
Felicity Geidt |
Notes to Editors
Vipera is an international mobile commerce provider with a focus on the European and Middle Eastern markets, where it has established itself as the preferred partner of national banks and global technology businesses.
Vipera provides software and services to banks and financial institutions to enable mobile access to personal financial services. Additionally Vipera's software enables Government and corporate entities to allow their services and consumer transactions to take place on mobile platforms.
Vipera is ideally placed to leverage its significant success to date and seize further share of this market, buoyed by the growth of smart phones, forecast by 2013 to grow to 977 million users and in revenue from $71bn to $862 billion.
Vipera's headquarters are in Milan and it listed on the London Stock Exchange (AIM: VIP.L). For further information, please visit www.vipera.com