AGM Statement

12 November 2015

Digital Globe Services, Ltd.

(the "Company" and together with its subsidiaries "DGS")

AGM Statement

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, will be hosting its AGM at 10 a.m. today. At the meeting, Jeff Cox, CEO, will make the following statement regarding current trading:

"I am pleased to report that the strong trading momentum as reported in the full year results, has continued through the first quarter of the new financial year. Adjusted EBITDA* margin as a percentage of first quarter sales continued to improve versus that achieved in the second half of fiscal 2015.

"Our core business is performing well with our principal clients in the telecom, cable, satellite and higher education industries focussed on driving the acquisition of higher value end customers and revenue growth. Additionally, opportunities outside of our core market remain encouraging. Continuing investment in our technology platforms is presenting new opportunities for growth, including commercial business services, new verticals and new geographies.

"As we approach the end of the first half of our financial year trading is in line with market expectations for the full year and we remain positive about the Company's future prospects."

* "Adjusted EBITDA" is earnings before interest, taxes, depreciation and amortisation and additionally excludes bank facility and other charges, foreign exchange gains or losses, non-recurring restructuring costs and non-cash Employee Stock Option Plan Charges, warrants, legal costs associated with the EDU acquisition, non-recurring severance and other employee costs and write-back of contingent consideration.

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Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed. 

By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers or valuable leads and inquiries to its clients.

DGS employs over 700 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.