ONEV Oneview Grp

TIDMONEV

RNS Number : 0998J

OneView Group PLC

06 September 2016

6 September 2016

OneView Group plc

("OneView" or the "Company")

Result of AGM and

Trading Update

OneView (AIM: ONEV), one of the retail industry's leading digital transformation software providers for in store customer service, is pleased to announce that at the Company's Annual General Meeting held earlier today all resolutions were duly passed.

At the meeting Richard Abraham, Chairman, made the following statement on current trading:

"The Company has had a busy period since the release of our Preliminary Results in July. Our first hosted customer went live in the UK with a single till trial in one of its stores, after a 12 month implementation period. Feedback from the customer is extremely positive, indicating that we can expect to reach a full store trial in the coming weeks followed by rollout across its approximately 250 UK store network.

The Company is seeing continued interest in our hosting service which will further increase our recurring revenues. Another area of pipeline growth is in the Telecoms sector where there are opportunities globally including a number throughout the EMEA region.

As previously indicated, OneView's partnerships are progressing well as we continue to work with IBM Commerce to further extend the IBM offering to include mobile point of sale to retailers. The Company also continues to partner with SAP in current accounts as well as in the Telecom space.

OneView is pleased to announce that since our Preliminary Results in July, the Company has doubled its sales force in the UK and US which will allow the Company to service the growing pipeline of opportunities.

The Company confirms that the pipeline continues to build and remains confident of significant growth in the current financial year. Delivery of the pipeline will broaden our customer base and provide further momentum to our full year outlook, supporting our growth aspirations.

Further Details:

 
 OneView Group            Tel: 01634 
  plc                      673172 
 Stuart Mitchell, 
  CEO 
 Linda Palanza, 
  COO 
 Mark Wilson, Finance 
  Director 
 
 finnCap Limited          Tel: 0207 
                           220 0500 
 Geoff Nash 
 Grant Bergman 
 Stephen Norcross 
  (Broking) 
 
 Newgate Communications   Tel: 020 7653 
                           9848 
 Bob Huxford 
 Lydia Thompson 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 06, 2016 07:34 ET (11:34 GMT)

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