AGM Trading Update

Microgen PLC 4 May 2000 Microgen plc AGM Trading Update Martyn Ratcliffe, Executive Chairman of Microgen plc will provide the following trading update at the Annual General Meeting to be held at 9 am today, 4 May 2000. 'I am pleased to advise that the final stage of the two year transition programme of the Microgen Group is making satisfactory progress and the Board anticipates completing the programme on schedule in Q3. Overall, the Group is trading in line with the Board's expectations and hence the disciplined investment program is continuing, with the central processing facility anticipated to be fully operational by the end of the year. 'The number of corporate customers signed up for Microgen's application service provision ('ASP') business now exceeds 60 with 90 applications, including 27 customers adopting Microgen's business-to-business ('B2B') e-billing service. This continued success positions Microgen at the forefront of B2B e-business and ASP services in the UK and the announcement made today with Sage Group plc further enhances our e-billing capability, extending the range of organisations who can benefit from Microgen's services. Microgen-Kaisha, the Group's CRM and data warehousing consultancy, has also started the year well and the Board anticipates the current year will show further progress in the development of the Group.' For further information, please contact : Martyn Ratcliffe, Executive Chairman 01753-847123 Mike Phillips, Group Finance Director www.microgen.co.uk Steve Liebmann or Isabel Peter, Buchanan Communications 020-7466-5000 www.buchanan.uk.com
UK 100

Latest directors dealings