Knowledge Technology Solutions PLC
15 November 2002
Knowledge Technology Solutions PLC
15 November 2002
Knowledge Technology Solutions PLC (the 'Company')
At the AGM today, Chief Executive Dr Marc Pinter-Krainer will make the following
statement:
First Quarter Trading Statement
We are seeing improvement in activity in our marketplace and a renewed
consideration among potential customers to switch to more cost-effective market
data service suppliers.
Knowledge Technology's business proposition remains highly relevant in current
market conditions as companies seek new ways to improve productivity and reduce
costs.
Our ability to deliver significant cost efficiencies in the provision of market
data, together with our effective and flexible technology platform, is highly
valued as indicated by our pipeline of future sales which continue to grow.
Since the announcement of the preliminary results in October 2002, Knowledge
Technology has been on a short-list for several large enterprise-wide contracts.
It is anticipated that some of these new customers will commence early next
year and we look forward to updating shareholders on progress.
ENDS
15 November 2002
For press enquiries or further information, please contact:
Dr Marc Pinter-Krainer
CEO, Knowledge Technology Solutions 020 8795 2700
Kirsty Campbell
Seymour Pierce Limited 020 7648 8700
Neil Boom/Mallika Basu
Gresham PR Ltd 020 7404 9000
Professional users have the opportunity to review QuoteTerminalTM by telephoning
020 8902 1400 and requesting a free trial.
END
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