AGM and Trading Update
10 August 2007 - 5:01PM
UK Regulatory
RNS Number:8651B
InTechnology PLC
10 August 2007
10 August 2007
InTechnology plc (the "Company")
AGM Statement and Trading Update
InTechnology plc ("InTechnology" or "the Company"), the voice and data Managed
Services provider, announces that at the Annual General Meeting of the Company,
which was held on Tuesday 7 August 2007, all resolutions proposed at the meeting
were duly passed.
The Board also announces that trading continues in line with expectations.
Following InTechnology's investment in Mobile Tornado in September 2006, the
Company invested in Mobile Tornado's Push to Talk ("PTT") technology which was
designed primarily for an operator and developed a PTT managed service. The UK
launch went ahead as scheduled in July and is proceeding well.
Following the sale of the Company's UK Specialist Distribution division, the
Company announces that last week it completed the sale of its Harrogate freehold
land and buildings, which had been leased to the purchaser, for #4.6 million
giving rise to a surplus on disposal of approximately #2.6 million before tax.
ENDS
Enquiries:
InTechnology plc 01423 850 000
Peter Wilkinson / Andrew Kaberry
Financial Dynamics 020 7831 3113
James Melville-Ross / Hannah Sloane
This information is provided by RNS
The company news service from the London Stock Exchange
END
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