Manpower Software plc Announces Record Results ...

LONDON, July 29 /PRNewswire/ -- Manpower Software plc, the leading provider of workforce optimisation software applications, is pleased to announce record results for the year ended 31st May 2008. Highlights - Revenue up 39% to GBP11.6m - Trading profit up 73% to GBP1.85m - Improved net operating margin of 16% (2007: 13%). - Cash balances at the year-end of GBP4.3m - 23 new NHS Trusts became customers - Successful integration of Key Information Technology Systems Limited ("Key ITS") - Particularly strong growth in the Healthcare business - Directors confident of another successful year Ian Bowles, Chief Executive Officer commented: "2008 has been a year of significant achievement for Manpower Software. We have strengthened, both financially and in market share, and established firm foundations for continuing growth in the NHS market in the UK. We are committed to improving the performance of all areas of the business still further. While the global economic outlook is uncertain, Manpower Software is well positioned to continue to deliver profitable growth. I remain confident in the company's future." 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.
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