Z Group PLC
30 March 2006
30 March 2006
Z GROUP PLC
('Z GROUP' or the 'Company')
Pre-Close Trading Statement
Z GROUP, the marketing-led technology services company, is pleased to make its
first pre-close trading statement since its IPO and admission to trading on AIM
in June last year.
It has been another year of rapid growth and development for Z GROUP. At the
time of the IPO, the Company had developed and launched two Internet software
services in ONSPEED and Net2Roam and has since launched ONBIDDER, ONSPEED
Version 5.0 and ONSPEED Mobile. Since then, distribution agreements have been
signed in respect of some or all of these with a number of major retailers
including ASDA, HMV, PC World, Tesco and WH Smith, as well as with the Internet
Service Providers Pipex and Wanadoo
Trading for the year to 28 February 2006 has been in line with the board's
expectations. We expect to announce preliminary results on 31 May 2006.
The most recent new service to launch was that of ONSPEED Mobile, which
addresses the huge potential worldwide market for all Java enabled mobile
phones. Z GROUP will very shortly conduct a full launch programme for its
latest release, OnShare, a file sharing software service. The board expects to
make an announcement on this new offering within the next few days.
Jamie True, Joint CEO of Z GROUP, commented: 'Following Z GROUP's success in
bringing leading-edge products to market, both in the UK and abroad, we continue
to anticipate significant growth from our expanded portfolio. Not only have we
experienced a high level of customer retention for our existing products but
this year we have invested heavily in developing new products, which will stand
us in good stead for future growth. A number of additional products are already
in the pipeline and we look forward to further launches from Z GROUP in the
future.'
Enquiries:
Z GROUP PLC
Jack Bekhor/Jamie True, Joint Chief Executive Officers 08700 111 173
Saskia Hopmann, Public Relations 020 7952 4026
Holborn PR
David Bick/Mike Feltham 020 7929 5599
Panmure Gordon & Co
Aubrey Powell/Stuart Gledhill 020 7459 3600
About Z GROUP
Founded in 2002, Z GROUP is a successful, publicly listed London-based
technology company which acquires, licences and develops technologies and
profitably commercialises them through proven branded marketing techniques.
Z GROUP offers cutting-edge, easy to use and affordable software to over half a
million customers to date, across four software businesses:
• ONSPEED Mobile: unique mobile phone acceleration and mobile screen
reformatting software, which speeds up slow mobile Internet connections and
resizes web pages, helping users control associated costs
• ONSPEED Version 5: the fastest Internet acceleration software on the
market, which instantly enables any PC, Mac and Pocket PC user to browse and
email at near Broadband speeds by using compression technology covered by nine
patents
• Net2Roam and NetAway: services that allow individuals and SMEs to
obtain local dial-up access numbers worldwide at rates below normal
international rates
• Onbidder: a software service that works with eBay online auctions,
making a user's bid at the last second - giving the user the best chance to
secure the winning bid at the lowest possible price.
For more information on the group, visit www.zgroupplc.com
This information is provided by RNS
The company news service from the London Stock Exchange GWUPQURU
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