Manpower Software plc Announces Interim Results...

LONDON, January 21 /PRNewswire/ --     Manpower Software plc, the leading 
provider of workforce optimisation
software applications, today announces its interim results for the six months
to 30 November 2008.


    
    Financial Highlights

    - Revenue increased by 22% to GBP6.5m (2007: GBP5.3m)

    - Licence revenue increased by 23% to GBP3.1m (2007: GBP2.5m)

    - Services revenue increased by 21% to GBP3.4m (2007: GBP2.8m)

    - Healthcare revenue increased by 52% to GBP4.5m (2007: GBP2.9m)

    - Trading profit* increased by 27% to GBP0.78m (2007: GBP0.62m)

    - Trading profit* margin of 12.1% (2007:11.5%)

    - Diluted adjusted EPS (excluding share-based payments and amortisation
      of intangibles) increased by 29% to 1.8p (2007: 1.4p)

    - Cash balances as at 30 November 2008 of GBP2.8m


    
    Business Highlights

    - MAPS Healthroster gained 21 new NHS Trusts customers (total
      at period end stands at 59) with strong pipeline for H2

    - Continued growth in the Defence sector with NATO Special Forces
      Coordination Centre

    - Geographic expansion continues with first sales into Malaysia





Post Period Events

    - First US Healthcare customer, Boston University Radiology
Associates signs up for MAPS Healthroster



    - Acquired Baum Hart & Partners, provider of integrated software
systems, training and support services principally to the NHS - as a
result of this acquisition, the company's combined Healthcare customer
base has now reached over 230 NHS Trusts in the UK and three Private
Healthcare providers (of which two are overseas)



    * Trading profit defined as profit before amortisation, share-based
payments, interest and tax



    Ian Bowles, Chief Executive Officer commented: "Manpower Software
continues to make significant progress despite the economic downturn. We
remain focussed on strong organic growth and are pleased to report that all
sectors of the business have a strong pipeline of opportunities entering the
second half of the year. As a result, the Directors are confident that the
company's performance for the full year will be in line with their
expectations."



About Manpower Software

    Manpower Software is the leading workforce optimisation software
applications provider for world-wide organisations with large, multi-skilled
workforces. With over 17 years' experience, they ensure customers can match
operational demands with workforce supply. Using MAPS, Manpower Software's
workforce optimisation software application, organisations can deploy the
right people and right skills, to the right place at the right time. With UK
headquarters in London, and its US base in Miami, Manpower Software provide
services and support to an international customer base across Europe, North
America and Asia Pacific. Founded in 1991, Manpower Software plc is a British
public company listed on the UK AIM stock market.



Please visit http://www.manpowersoftware.com for further information.

    
    Manpower Software plc Enquiries:
    Ian Bowles - Chief Executive Officer
    Tel: [phone]
    [e-mail]

    Ciara Matthews - Corporate Marketing Manager
    Tel: [phone]
    [e-mail]