AGM Statement
19 April 2006 - 5:02PM
UK Regulatory
RNS Number:6342B
Atlantic Global PLC
19 April 2006
Press Release 19 April 2006
Atlantic Global Plc
AGM Statement & Trading Update
Atlantic Global Plc, the specialist provider of integrated business and resource
management software applications, will hold its Annual General Meeting at 2.30
pm today in Cleckheaton, West Yorkshire. The following statement regarding
current trading and recent progress within the Company will be made by
Non-Executive Chairman, Steve Allen:
"The Board can confirm that the Company has started to see results from its
reorganisation and newly focussed Sales and Marketing activity. Tangible success
has been demonstrated in the first quarter of 2006 by attracting new business
for our software products. The purchase of Corporate Vision by Norwich Union
Insurance represents a breakthrough for Atlantic Global as it is the Company's
first sale into the Insurance Division, the largest discreet business area of
Norwich Union.
"Sales of Atlantic Global Business Solutions software products are also higher
than the same point in 2005, with a significant new name sale made to AIRCOM,
and orders received for additional product from existing customers including
Xchanging, Computacenter, and Friends Provident. Strategic customers continue to
renew their support service contracts, with many having signed for a further
three-year term.
"The Company's newly focussed Sales approach, combined with the successful
delivery of our recent Project Portfolio Management seminars in London, give the
Directors' confidence in future sales success. Current indications are that
trading in the first half of 2006 is expected to show an improvement on the
first half of 2005, and for the full year the company is trading in line with
market expectations."
- ENDS -
For further information please contact:
Atlantic Global Plc
Eugene Blaine, Managing Director Tel: +44 (0) 1274 863 300
Rupert Hutton, Finance Director
eugene.blaine@atlantic-global.com
rupert.hutton@atlantic-global.com www.atlantic-global.co.uk
Media enquiries:
Abchurch
Justin Heath Tel: +44 (0) 113 203 1342
Georgina Bonham
justin.heath@abchurch-group.com www.abchurch-group.com
Notes to editors
Atlantic Global develops innovative software applications that enable
organisations to monitor, manage and model the fundamental pillars of their
business - resources, skills and costs.
In addition to its flagship Corporate VisionTM solution, which offers a
real-time, role-based view (rba) of business operations, Atlantic Global
Business SolutionsTM also offers a series of business management-focused
applications including planning and resource management, timesheet and expense
tracking, business information tracking, risk management and contractor
management. Atlantic Global's customer base ranges from SMEs to Global 1,000
organisations and includes Barclays, Colt Telecommunications, GlaxoSmithKline,
NEC, Norwich Union, Pfizer, The Metropolitan Police and Virgin Mobile.
Founded in 1993, Atlantic Global is headquartered in West Yorkshire, England. It
listed on the Alternative Investment Market of The London Stock Exchange (AIM)
in June 2001.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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