TTS Total Systems

    RNS Number : 0414B
  Total Systems PLC
  11 August 2008
   





    11 August 2008

Total Systems plc - Q1 Interim Management Statement
    
Total Systems plc ("the Company") suppliers of cost effective and flexible software systems to the financial services industry, primarily in
the insurance and warranty sectors is pleased to provide its Interim Management Statement for the quarter ended 30 June 2008 on the occasion
of its AGM today at 10:00.

    There have been no significant changes in the trading or position of the Company over the period since the publication of its report and
accounts for the year ended 31 March 2008 on 30 June 2008 other than a significant improvement of cash balances to in excess of �3M as at 31
July 2008. This improvement is due to payments received from clients which has resulted in the conversion of trade debtors to cash.

    Results are in line with the board's expectations and show an improvement over the same quarter for last year, with an operating profit
being achieved in the first quarter.

    Terence Bourne and Granville Harris, the Company's chairman and finance director respectively will be available to take enquiries by
telephone on 020 7294 4888 at the conclusion of the AGM.
    
www.totalsystems.co.uk

    For further information please contact

    Terence Bourne, Chairman, Total Systems plc                 020 7294 4888

    Granville Harris, Finance Director, Total Systems plc        020 7294 4888




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