Imaginatik PLC
27 July 2007
Imaginatik plc
('Imaginatik' or the 'Company')
AGM Trading Update
Mark Turrell, CEO of Imaginatik plc (AIM: IMTK) will today make the following
statement at the Company's first AGM since it floated on AIM in December 2006:
'Since the beginning of our financial year in April we have contracted with a
further thirteen blue chip customers, including Xerox, Eastman Chemical and
Paccar, Inc., in the US, UK and Europe, either for pilot projects or full system
implementations. We are very encouraged that many of these new customers have
already expressed an intent to extend these engagements to full contracts within
the current financial year. In addition, we have contracted incremental business
with existing clients, such as Hewlett-Packard, Pfizer, Inc. and Merck & Co.,
Inc. and are seeing increasing levels of revenue coming through our partners.
'Following our decision to focus on larger, higher value sales, and to invest
time in developing our strategic partner channel, we anticipate the larger part
of the revenue for the year will come in the second half. Based on these
investments to develop future revenue, we look forward to continued growth.'
For further information please contact:
Imaginatik plc Tel: 020 7917 2975
Mark Turrell, CEO / Shawn Taylor, CFO
WH Ireland Tel: 0121 616 2101
Tim Cofman / Katy Birkin
ICIS Tel: 020 7651 8688
Tom Moriarty / Caroline Evans-Jones
About Imaginatik
Imaginatik is the leading provider of Innovation and Collaborative Problem
Solving software and process to the world's leading companies. More than 100
clients rely on Imaginatik's software, consulting and research to enable their
best-of-breed innovation activities.
Imaginatik's software and consulting services have helped clients discover
significant sources of additional revenue, as well as tangible cost savings,
process improvements and increased product pipeline. Imaginatik is also
committed to developing strategic solutions in the field of innovation, working
with academic institutions such as the London Business School and the Cass
School of Business, London, as well as leading practitioners of corporate
innovation.
For further information please visit www.imaginatik.com
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.